Così (COSI) Q1 Comps Rose 1.2%
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Così (NASDAQ: COSI) reported that estimated system-wide comparable restaurant sales for the first quarter, as measured for restaurants in operation for more than 15 months, increased 1.2% as compared to the first quarter of 2014. The breakdown in estimated comparable restaurant sales between Company-owned and franchise-owned restaurants are as follows:
| 4 Weeks Ended | 13 Weeks Ended | ||
| March 29, 2015 | March 29, 2015 | ||
| Company-Owned | 2.3% | 4.4% | |
| Franchise | -5.4% | -2.7% | |
| System-Wide | -1.2% | 1.2% |
"The impact of being a northeast US focused concept can be seen in our comparative sales. The challenges presented by this winter are now behind us. We came out of the back end of March with strong same store sales trends, and the year looks to be on course," said RJ Dourney, Cosi's President and CEO.
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