In spite of sales gain, Centerplate records bigger 4th-Q net loss due to reduced income tax benefit

In spite of sales gain, Centerplate records bigger 4th-Q net loss due to reduced income tax benefit

STAMFORD, CONN. —Sports and entertainment foodservice management specialist Centerplate Inc. reported a widened net loss in the fourth quarter, citing a reduced income tax benefit from the year earlier that was unable to offset an 8.8-percent sales gain to $158 million.

Centerplate, based here, posted a net loss of $3.1 million, or 14 cents per share, for the fourth quarter ended Jan. 2, compared with a net loss of $2.2 million, or 10 cents per share,

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