Owns, operates and franchises premium convenience restaurants which sell sandwiches, freshly tossed salads, Cosi bagels, pizzas, S'mores and other desserts, and a variety of coffees along with other soft drink beverages, teas and alcoholic beverages.
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no debt and should be profitable soon
Cosi is seeing comparable revenue growth 5 months in a row. As indicated in the recent call Feburary weather impacted sales or positive comps would have ran 7 months. Cosi reported a profit thanks to a one time gain on the sale of 13 locations. Cosi has now seen %8 positive comps in July2010 as mentioned on the 2Q call. Things are looking up for a turnaround