Così aims for positive cash flow in 3Q

Così aims for positive cash flow in 3Q

Company narrows its loss in the first quarter

An aggressive effort to cut costs and improve sales helped Così Inc. narrow its loss and generate positive, restaurant level cash flow in the first quarter, the company said this week.

Così reported a net loss in the quarter of $3.5 million in the quarter, or 8 cents per share, compared with a loss of $4.3 million, or 12 cents per share, in the same period a year ago. That continues the bakery-café chain’s streak of net losses — it has yet

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