Così (COSI) Reports Q2 Loss of $0.17
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Cosi, Inc. Reports 2015 Second Quarter Results
August 13, 2015 4:00 PM EDTBOSTON, Aug. 13, 2015 (GLOBE NEWSWIRE) -- Così, Inc. (NASDAQ: COSI), the fast casual restaurant company, today reported a net loss for the second quarter ended June 29, 2015, of $(3.9) million, or $(0.17) per basic and diluted common share, compared with a net loss of $(4.8) million, or $(0.27) per basic and diluted common share, in the second quarter of 2014.
Così's total revenues for the 2015 second quarter increased by $3.8 million to $24.5 million from $20.7 million in the 2014 second quarter. Company-owned net restaurant sales increased by $4.0 million to $24.0 million from $20.0 million for the 2014 second quarter. Franchise fees and royalty revenues for the 2015... More
