P.F. Chang's 2Q sales, profit increase

Positive traffic trends and a menu price hike contributed to a 10.1-percent increase in second quarter profit at P.F. Chang’s China Bistro Inc., the company said Wednesday.

For the quarter ended July 4, the operator of the P.F. Chang’s China Bistro casual-dining chain and fast-casual sister brand, Pei Wei Asian Diner, reported earnings of $12.8 million, or 55 cents per share, compared with $11.6 million, or 49 cents per share, in the second quarter a year ago.

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