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Technology Stocks : Computer Outsourcing Services Inc. (NASDAQ:COSI)
COSI 0.0285-24.4%Oct 7 4:00 PM EDT

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From: MattoRuu11/13/2010 5:15:53 PM
   of 25
 
Cosi reports 7.5% comparable sales increase in October.

During their Q3 2010 conference call, Cosi mentioned that October (the beginning of Q4) sales increased:

"We are pleased to report the continuation of the sales growth trend, as the company-owned restaurants posted a 7.5% comparable sales increase for the month of October."

Also reported in the conference call:

Cost of Food and Beverage saw a 100 basis points decrease in Q3 2010 compared to Q3 2009. Gross Profits saw a 100 basis points increase in the same time period. Labor and Related Benefits decreased by 60 basis points. There was no change Other Operating Expenses. Controllable Contribution increased by 160 basis points. Occupancy Costs saw a 60 basis points decrease. And finally, Restaurant Cash Flow increased by a total of 220 basis points in Q3 2010.
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