Country Style Cooking poised to outperform market, says Cowen Cowen believes Country Style Cooking is poised to outperform the market following pre-announced Q4 results. The firm maintains its confidence in the company's long-term outlook on the belief they are positioned as the best home meal replacement, best modern-day low cost producer, and best home grown China restaurant. Shares are outperform rated.
Country Style Cooking reports Q3 adjusted EPS 10c Reports Q3 revenue $61.1M. Reports Q3 comparable restaurant sales down 10.7%. Reports Q3 restaurant level operating margin 14%. Total number of restaurants increased by a net total of nine in Q3 to 355 restaurants as of September 30, 2015, covering 30 cities and up from 332 restaurants as of September 30, 2014.