Così net loss worsens in 2013

Così net loss worsens in 2013

Same-store sales drop further in 2014 due to severe winter weather

Following rapidly worsening sales losses in the fourth quarter and fiscal 2013, Così Inc. said it would seek options for “a financing transaction with one of its large shareholders,” which could include the sale of company-owned restaurants to franchisees or other third parties, further reductions in general and administrative expenses, or other sources of third-party financing.

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.