Restaurant chain O'Charley's Inc. posted a wider third-quarter loss on Friday on charges and lower margins.
The company reported a loss of $7.4 million, or 35 cents per share, for the quarter compared with a loss of $2.1 million, or 10 cents per share, in the same quarter of the prior year. The results from the latest quarter included interest expense of $2.5 million, impairment and disposal charges of $2.5 million and an income tax benefit of $600,000.
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