McCormick & Schmick’s 4Q sales slide

PORTLAND Ore. McCormick & Schmick’s Seafood Restaurants Inc. posted declining revenue and same-store sales for its fourth quarter, but was able to keep its net income nearly even from a year ago, excluding special charges.

For the quarter ended Dec. 26, the company posted a net loss of $16.1 million, or $1.09 per share, which included $19.8 million in impairment charges for eight underperforming restaurants. In the same quarter a year earlier, McCormick & Schmick’s

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