Wednesday, February 17, 2010

P.F. Chang's Reports Fourth Quarter and Full Year 2009 Results

Highlights for the fourth quarter of 2009 compared to prior year include:


•Consolidated revenues increased 10.8% to $326.7 million
•Comparable store sales declined 5.2% at the Bistro and increased 3.0% at Pei Wei
•Restaurant operating income margin increased 100 basis points to 12.7%
•Income from continuing operations increased 60.0% to $12.0 million
•Net income increased 121.0%(1) to $12.0 million
•Income from continuing operations per diluted share increased 67.7% to $0.52
•Net income per diluted share increased 126.1%(1) to $0.52

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