O'Charley's reports results
May 20, 2008
O'Charley's Inc. (Nasdaq: CHUX), a casual-dining restaurant company with two Clarksville locations, has reported revenues and earnings per share for the 16-week period ended April 20.
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Revenue for the first quarter of fiscal 2008 decreased 4.9 percent to $297.5 million from $312.9 million in the first quarter of fiscal 2007.
Income from operations in the quarter was $8.6 million, or 2.9 percent of revenues, and earnings before income taxes were $4.7 million.
In comparison, income from operations in the prior year quarter was $14.6 million, or 4.7 percent of revenues, and earnings before income taxes were $10.7 million.
— Jimmy Settle
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