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P.F. Chang’s 4th-Q profit falls 5.5% despite large revs jump

SCOTTSDALE ARIZ. P.F. Chang’s fourth-quarter profit down 5.5 percent from a year earlier. —A difficult sales environment for casual dinnerhouses compounded by increased expenses pushed

The company said equity-based compensation expense and increased costs eroded a revenue surge of 17.9 percent to $252 million, which was helped by 21 store openings during the quarter. In addition, same-store sales

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TAGS: Finance
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