(Corrects fourth paragraph to show same-restaurant sales
were up in Q3)
* Q3 EPS 23 cents vs Street view of 19 cents
* Revenue dips 0.2 pct to $164.5 million
* Shares down 2 percent
LOS ANGELES, Nov 11 California Pizza Kitchen
Inc CPKI.O forecast fourth-quarter sales at established
restaurants would be flat to down 1 percent, and its shares
fell 2 percent in extended trading.
The Los Angeles-based chain reported a net loss of $7.5
million, or 31 cents per share, for its fiscal third-quarter,
ended Oct. 3. A year earlier, it earned $5.8 million, or 24
cents per share.
Excluding items, it earned 23 cents per share, which topped
analysts' average estimate of 19 cents per share, according to
Thomson Reuters I/B/E/S.
Revenue slipped 0.2 percent to $164.5 million and sales at
established full-service restaurants were up 0.7 percent.
The company said it expects per-share results in the range
of a 1-cent loss to a 1-cent profit, including a 6-cent hit
from higher taxes.
Company shares closed at $16.37 on the Nasdaq and fell to
$16 in extending trading.
(Reporting by Lisa Baertlein and Martinne Geller in New York)