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

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish