O'Charley's to exceed fourth quarter estimates; Same store sales increase 2.7% on higher customer traffic
By wire reports
Posted 1:33PM on Tuesday, January 8, 2002
NASHVILLE - O'Charley's Inc. today announced that it expects to exceed its previously-issued earnings estimate for the fourth quarter of fiscal 2001 on revenues of approximately $105.7 million and a 2.7% increase in same store sales.<br>
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The Company continued its record of same store sales increases in its O'Charley's restaurants by posting an increase in 42 of the last 43 consecutive quarters.<br>
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The Company will report its fourth quarter earnings on February 8, 2002.<br>
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O'Charley's Inc. operates 160 casual-dining, full-service O'Charley's restaurants in 14 states in the Southeast and Midwest. <br>
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The Company also operates three Stoney River Legendary Steaks restaurants with two locations in Atlanta, Georgia, and one location in Chicago, Illinois.<br>