P.F. Chang’s ekes out profit gain despite slip in comps

SCOTTSDALE Ariz. P.F. Chang’s China Bistro Inc. reported today a second-quarter profit increase of 1.3 percent despite lower-than-expected revenue gains and negative same-store sales at both the P.F. Chang’s China Bistro and Pei Wei Asian Diner chains.

Afocus on controlling costs and improving unit-level margins helped the company report profit of $9.4 million, or 39 cents per share, for the quarter ended June 29, compared with earnings of $9.3 million, or 36

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