Cosi (COSI) Reports Q2 Loss
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Cosi Inc. (Nasdaq: COSI) reports a Q2 loss of $0.04, in-line with the analyst estimate of ($0.04). Revenues for the quarter were $36.723 million, versus the consensus of $36.72 million.
Cosi now expects franchisees to open a total of approximately 25 locations in 2008, the lower end of its previous guidance of between 25 and 35 total new franchised locations for the year.
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