O’Charley’s swings to 4Q loss

NASHVILLE Tenn. O’Charley’s Inc., operator or franchisor to 370 restaurants under three casual-dining brands, swung to a loss of $63.1 million in its fourth quarter on declining sales and millions in asset impairment charges.

The company reported Thursday a net loss of $68.2 million, or $3.34 per share, for the fourth quarter ended Dec. 28, versus earnings of $727,000, or 3 cents per share, in the same quarter a year earlier.

The latest-qua

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