Così (COSI) Reports Q2 Loss of $0.07

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Così, Inc. Reports Fiscal 2016 Second Quarter Financial Results

August 11, 2016 4:00 PM EDT

BOSTON, Aug. 11, 2016 (GLOBE NEWSWIRE) -- Cosi, Inc. (NASDAQ: COSI), today reported 2016 second quarter results for the period ended June 27, 2016. For the 2016 second quarter the Company reported a net loss of ($3.1) million, or ($0.07) per diluted share, compared to ($3.9) million, or ($0.08) per diluted share, in the 2015 second quarter.

2016 Second Quarter Revenue Highlights:

Total revenues for the 2016 second quarter of $22.8 million decreased $1.6 million, or 7.0%, when compared to the 2015 second quarter.Company-owned restaurant... More