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More on Country Style Cooking Restaurant Chain's Q2

  • Country Style Cooking Restaurant Chain (NYSE:NYSE:CCSC) reports comparable restaurant sales declined 7.9% due to a decrease in customer traffic associated with intense competition.
  • Restaurant level operating margin rate fell 220 bps to 10% primarily due to inflation in food and labor costs.
  • Total number of restaurants +29 Y/Y to 346.
  • Q3 Guidance: Revenue: $62.9M to $66M (RMB390M to RMB410M).
  • The company plans to open total 50 to 57 new restaurants in FY2015.
  • Q2 results

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CCSC--
Country Style Cooking Restaurant Chain Co., Ltd.