California Pizza Kitchen (CPKI) Raises Q4 EPS Guidance

California Pizza Kitchen, Inc. (Nasdaq: CPKI) announced today that revenues increased 16.4% to $146.0 million for the fourth quarter, which compares to the consensus of $143.6 million. Comparable restaurant sales increased approximately 6.9%.

Management is increasing its earnings per diluted share guidance to $0.15-$0.17, versus prior guidance of $0.13-$0.15. The consensus is $0.15.

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