- 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
More on Country Style Cooking Restaurant Chain's Q2
Recommended For You
More Trending News
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
CCSC | - | - |
Country Style Cooking Restaurant Chain Co., Ltd. |