Monday, November 9, 2009

California Pizza Kitchen Announces Financial Results for the Third Quarter 2009

Highlights for the third quarter of 2009 relative to the same quarter a year ago were as follows:

Total revenues decreased 5.3% to $164.8 million
Full service comparable restaurant sales decreased 8.0%
Net income increased 16.8% to $5.8 million
Earnings per diluted share increased 20% to $0.24
Outstanding debt of $37.0 million, a $13.0 million reduction from the second quarter of 2009

Read more: