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Country Style Cooking Restaurant Chain Co Ltd Sees Q3 2013 Revenue Guidance At Top End Of Prior Range; Comments On Q3 2013 Net Income Guidance; Issues Q3 2013 Same Store Sales Guidance


Wednesday, 25 Sep 2013 08:30am EDT 

Country Style Cooking Restaurant Chain Co Ltd announced that for third quarter of 2013, it expects to meet the top range of its previous revenue guidance of CNY380-390 million ($61.9-$63.5 million), compared to CNY327 million ($52.0 million) in the third quarter of 2012, representing year-over-year growth of at least 19%. It also expects to report improved operating margin and net income in the third quarter of 2013 compared to the third quarter of 2012. Same store sales growth in the third quarter of 2013 is expected to be in the mid-to-high single digits driven by continuing traffic recovery and a market-adaptable pricing strategy. 

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