Zoes Kitchen

Zoe’s Kitchen swings to 3Q loss on special items

Fast-casual brand increases same-store sales guidance for fiscal year

Zoe's Kitchen Inc. swung to a net loss in the third quarter ended Oct. 5 on special items, but raised its guidance for same-store sales and unit growth for the rest of the year, the company reported Wednesday.

The Plano, Texas-based fast-casual Mediterranean concept reported a net loss of $2.3 million, or 12 cents a share, compared with a profit of $448,000, or 2 cents a share, in the same period last year. The net loss included a $3.1 million provision for income taxes, $300,00

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