Cosi (COSI) Q4 Revenues Below Consensus
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Cosi Inc. (NASDAQ: COSI) reported that total revenues for the 2008 fourth quarter declined 7.3% to $30,734,700 from $33,519,500 in the 2007 quarter. (Consensus is $31.83M)
System-wide comparable restaurant sales for the 2008 fourth quarter as measured for restaurants in operation for more than 15 months recorded an aggregate 6.9% decrease over the 2007 fourth quarter.
Cosi, Inc. engages in the ownership, operation, and franchising of premium convenience restaurants primarily in the United States.[SM]
System-wide comparable restaurant sales for the 2008 fourth quarter as measured for restaurants in operation for more than 15 months recorded an aggregate 6.9% decrease over the 2007 fourth quarter.
Cosi, Inc. engages in the ownership, operation, and franchising of premium convenience restaurants primarily in the United States.[SM]
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