California Pizza Kitchen raises 1Q outlook

LOS ANGELES With its first-quarter performance exceeding expectations, mainly through cost-cutting initiatives and stronger-than-expected sales, California Pizza Kitchen Inc. on Wednesday upped its per-share earnings guidance for the March-ended quarter.


The company said it now expects to earn between 9 cents and 10 cents per share for the first quarter, up from a previous forecast of earnings between 3 cents and 5 cents a share. CPK earned 9 cen

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