O’Charley’s cuts earnings guidance on 2nd-Q loss

NASHVILLE Tenn. Citing a challenging consumer environment, O’Charley’s Inc. reduced Thursday its full-year, per-share earnings guidance as it reported a net loss for the second quarter compared with a year-ago profit, which was caused by one-time charges and declining same-store sales.

The company, which operates or franchises 363 restaurants under three casual-dining brands, said it now expects to earn between 66 cents and 73 cents for the fiscal year ending

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