Key Developments For California Pizza Kitchen, Inc.
California Pizza Kitchen, Inc. (CPKI.O) (Nasdaq)
California Pizza Kitchen Comments On Q4 2009 Comparable Restaurant Sales Outlook; Issues Q4 2009 EPS Outlook Below Analysts' Estimates
California Pizza Kitchen announced that for fourth quarter of 2009, it expects comparable restaurant sales between negative 5.5% and negative 6.5% and earnings per diluted share (EPS) in the range of $0.16-$0.18. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.20 for the same period.
California Pizza Kitchen Raises Q3 2009 EPS Guidance
California Pizza Kitchen raised its third quarter 2009 earnings guidance range from $0.19-$0.21 per diluted share to $0.22-$0.24 per diluted share. According to Reuters Estimates, analysts were expecting the Company to report earnings per share (EPS) of $0.21 for the same period.
California Pizza Kitchen Opens In Cherry Hill, New Jersey
California Pizza Kitchen announced that it has opened a new full-service restaurant in Cherry Hill, New Jersey.
California Pizza Kitchen Issues Q3 2009 EPS Guidance Below Analysts' Estimates
California Pizza Kitchen announced that for the third quarter of 2009, it expects earnings per diluted share (EPS) of approximately $0.19-$0.21. According to Reuters Estimates, analysts are expecting the Company to report EPS of $0.23 for the same period.
California Pizza Kitchen Signs Franchise Deal To Expand into India
California Pizza Kitchen announced an agreement with new franchise partners JSM Corporation Pvt. Ltd. and Daud Arabian Trading to expand into India. As part of the agreement, a minimum of fifteen new California Pizza Kitchen full-service restaurants are expected to open in India over the next ten years with the first restaurant scheduled to open in the summer of 2010.
