P.F. Chang's 4Q profit rises

Same-store sales up at both brands as price hikes offset traffic declines

P.F. Chang’s China Bistro Inc. reported Wednesday a 22-percent increase in fourth-quarter profit and higher same-store sales at both of its concepts.

For the quarter ended Jan. 2, P.F. Chang’s net income totaled $14.7 million, or 64 cents per share, compared with $12 million, or 52 cents per share, in the year-ago period. Revenue declined 4.7 percent to $311.2 million, compared with $326.7 million in last year’s quarter, which included one more operating week.

Register to view the full article

Register to view this article

Hide 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.