P.F. Chang's China Bistro (PFCB) Reports Q3 Revenues and Decline in Same-Store Sales

P.F. Chang's China Bistro, Inc. (NASDAQ: PFCB) reports Q3 revenues of $231.0 million vs. consensus of $231.94 million.

For the 13 weeks ended October 1, 2006, comparable store sales decreased 0.5% at the Bistro (taking into account a 2.5% effective price increase) and decreased 1.5% at Pei Wei (taking into account a 2.7% effective price increase) as compared to the 13 weeks ended October 2, 2005.

Comparable store sales decreased 0.8%, 0.2% and 0.4% for July, August and September, respectively, at the Bistro and decreased 3.1% and 2.1% for July and August, respectively, and increased 1.2% for September at Pei Wei.

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