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Grill Concepts hurt in 2nd-Q by expenses, slow sales

WOODLAND HILLS Calif. Grill Concepts Inc., operator of 30 upscale restaurants under the Daily Grill and The Grill on the Alley brands, said Monday that higher preopening costs, a legal settlement and negative same-store sales led to the company’s larger loss in the second quarter.

For the quarter ended June 29, Grill Concepts posted a loss of $993,000, or 11 cents per share, compared with a year-ago loss of $39,000, or 1 cent per share.


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