Food Industry
Industry: Email Alert RSS FeedRevs jump at P.F. Chang's in 1st Q; EPS may exceed forecast
Nation's Restaurant News, April 14, 2003
SCOTTSDALE, ARIZ. -- P.F. Chang's China Bistro Inc. said first-quarter revenues rose 35 percent in the first quarter, to $131.6 million, and it expects to meet or beat a previously announced earnings forecast of 24 cents a share for the quarter. Total sales at the company's 84 P.F. Chang's China :Bistro units were $120.7 million, which included a 6.4-percent rise in comparable-store sales for units open at least 18 months.
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Total sales at the company's 20 Pei Wei Asian Diner units were $10.9 million for the quarter.
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