California Pizza Kitchen Announces Financial Results for the Third Quarter 2010

Highlights for the third quarter of 2010 relative to the third quarter of 2009 were as follows:

• Total revenues decreased 0.2% to $164.5 million
• Full service comparable restaurant sales increased 0.7%
• Non-GAAP net income of $5.7 million, or $0.23 per diluted share, excluding the effects of the non-cash impairment write-down of 10 full service restaurants, the proposed settlement of a class-action lawsuit, store closure costs and the related tax benefits (please refer to the reconciliation table).
• Net loss of $7.5 million, or negative $0.31 per diluted share, including the effects of the non-cash impairment write-down of 10 full service restaurants, the proposed settlement of a class-action lawsuit, store closure costs and the related tax benefits.

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