Cosi: Catering crash hurting sales

DEERFIELD Ill. Così Inc., parent to the 144-unit fast-casual chain, said this week it narrowed its net loss in the second quarter as successful cost controls offset severe sales dips, especially from its catering operation, which saw sales fall 27.5 percent.

Systemwide same-store sales fell 12.2 percent for the quarter ended June 29, reflecting a 12.7-percent drop at corporate restaurants and 9.8-percent dip at franchised units. At corporate locations, traffic fell 9

Register to view the full article

Register to view this article

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