Perkins & Marie Callender’s cuts loss in '09

MEMPHIS Tenn. Perkins & Marie Callender’s Inc. narrowed its loss in fiscal 2009 but continued to battle reduced traffic and sales at its two family-dining brands.

 

For the year ended Dec. 27, the company posted a net loss of $36.2 million, compared with a loss $53.0 million in fiscal year 2008, when it booked $20.2 million in impairment charges.

 

 

 

Fiscal 2009 revenue declined

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