Kona narrows expected 1Q loss

SCOTTSDALE Ariz. Kona Grill Inc., parent to the 20-unit upscale-casual and sushi bar chain, said cost controls and increased revenue would lead to better-than-expected first-quarter results.

The company said Monday it anticipated a loss of between $1.1 million and $1.3 million for the quarter ended March 31, or between 17 cents and 21 cents per share. The estimated loss is smaller than previous company expectations for a loss between $1.4 million and $1.9 mi

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