Latest sales signs from casual dining don’t deliver

Casual-dining companies this week continued to highlight cost-saving initiatives that drove profits even as sales remained soft, leading observers to believe a much-hoped-for sales recovery is not in the cards this year.

California Pizza Kitchen Inc. increased its estimated third-quarter earnings projection, and Ruby Tuesday Inc. posted a better-than-expected bottom line result for its latest September-ended quarter. Last week, Darden Restaurants Inc. also reported improv

Register to view the full article

Register to view this article

Already a member? .

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