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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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December 9, 2014
05:49 EDTCCSCCountry Style Cooking announces strategic cooperation with Yimutian
Country Style Cooking announced a strategic cooperation with Yimutian to build a more efficient procurement model. Yimutian is a China-based e-commerce company that provides timely supply/demand information and a national trading platform for agricultural products to food wholesalers and retailers. Yimutian customers can access relevant product information via its corporate website and smart phone APPs. According to the agreement, Yimutian will set up a dedicated team for Country Style Cooking to provide supply chain data analysis and support the company's group procurement.

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