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Stock Market & Financial Investment News

News Breaks
January 16, 2013
16:06 EDTCCSCCountry Style Cooking reports preliminary Q4 revenue $47.7M
One estimate $48.89M. While absolute store numbers have increased to the level expected, stores have opened at a slightly slower-than-expected rate, leading to fewer operating months for generating revenue. Thus, the company currently anticipates to report figures slightly below the bottom range of its previous revenue guidance of $47.7M. The company expects positive net income for Q4 although it had to contend with such pressures as a seasonally slow period, higher raw material costs and increases in other operating expenses. SSS growth in Q4 saw minor improvement over Q3. Management aims to further improve SSS growth throughout 2013.
News For CCSC From The Last 14 Days
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June 23, 2015
16:03 EDTCCSCCountry Style Cooking CFO to resign effective June 30 for personal reasons
Country Style Cooking Restaurant Chain announced that its interim CFO, Flora Zeng, is resigning from her position due to personal reasons, effective June 30. The company's board has begun the search for a qualified successor. CEO Xingqiang Zhang will take over Zeng's responsibilities and serve as acting CFO.

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