Last $1.61 USD
Change Today +0.03 / 1.90%
Volume 36.6K
COSI On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ CM
As of 5:10 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

cosi inc (COSI) Snapshot

Open
$1.59
Previous Close
$1.58
Day High
$1.62
Day Low
$1.59
52 Week High
09/12/14 - $2.51
52 Week Low
03/17/14 - $0.88
Market Cap
40.3M
Average Volume 10 Days
123.8K
EPS TTM
$-0.75
Shares Outstanding
25.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for COSI INC (COSI)

cosi inc (COSI) Details

Cosi, Inc. owns, operates, and franchises fast-casual restaurants. The company offers food and beverage products for four dayparts comprising breakfast, lunch, snacking, and dinner. It also provides catering services for breakfast, lunch, and afternoon snacking. As of April 14, 2014, the company operated 72 company-owned and 49 franchise restaurants in 16 states, the District of Columbia, Costa Rica, and the United Arab Emirates. Cosi, Inc. was founded in 1994 and is based in Deerfield, Illinois.

1,674 Employees
Last Reported Date: 04/15/14
Founded in 1994

cosi inc (COSI) Top Compensated Officers

Chief Legal Officer, Chief Compliance Officer...
Total Annual Compensation: $205.5K
Compensation as of Fiscal Year 2013.

cosi inc (COSI) Key Developments

Cosi, Inc Announces Opening of New Restaurant in Chicago, Illinois

Cosi Inc. announced the opening of a new Company-owned restaurant in Chicago, Illinois. The company opened a new company-owned restaurant at Northwestern Memorial Hospital Outpatient Care Pavilion in downtown Chicago, Illinois, on December 19, 2014.

Cosi Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 29, 2014; Provides Earnings Guidance for the Fourth Quarter and Full Year 2014; Provides Cash Flow Guidance for the Fourth Quarter of 2015; Provides CapEx Guidance for the Year 2015

Cosi Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 29, 2014. For the period, the company reported a net loss of $4,148,000, or $0.20 per basic and diluted common share, compared with the net loss and comprehensive loss of $2,455,000, or $0.14 per basic and diluted common share, reported for the 2013 third quarter. Excluding the impact of one-time costs of $530,000 incurred during the 2014 third quarter, the net loss was $3,618,000 or $0.18 per basic and diluted common share. Total revenues decreased by $2,203,000 to $19,209,000 from $21,412,000 in the 2013 third quarter. The decline in revenues compared to last year's third quarter was driven by the decline in comparable company-owned restaurant sales, the closure of 13 company-owned as well as the net closure of one franchise location during and subsequent to the third quarter of 2013. Operating loss was $3,870,000 against $2,464,000 a year ago. Total restaurant cash flow for the third quarter of 2014 was negative $443,000 compared to cash flow of $22,000 in the third quarter of 2013. The decrease was primarily driven by the decrease in restaurant sales. Capital expenditures for the third quarter of 2014 were approximately $414,000, and were primarily related to the cost for replacement and upgrades at existing company owned restaurants. For the nine months, the company reported total revenues of $58,254,000 against $66,381,000 a year ago. Operating loss was $11,586,000 against $7,365,000 a year ago. Net loss and comprehensive loss was $12,088,000 against $7,331,000 a year ago. Loss per basic and diluted share was $0.64 against $0.41 a year ago. For the fourth quarter of 2014, company owned comparable restaurant sales are forecasted to be plus 2.9%. For the year 2014, the company is estimating annual positive comparable net sales ranging between plus 5% to plus 10%. Estimating annual net sales ranging between $90 million to $100 million for the fiscal year. And that represents an average unit volume of up to $1.5 million per restaurant. Within the net sales that are estimated, also have included the impact of the potential merger of the Hearthstone restaurants into Cosi. And finally, moving to cash flow, it anticipates and expects positive cash flow from operations, excluding capital expenditures, in the latter part of 2015. For the fourth quarter of 2015 coming in at about 10% to 12% store level cash flow. CapEx in 2015 to be $10,000 to $12,000 range per store, all the way up to north of $100,000 per store. And as a total for the year, have projected to be $2 million.

Cosi Inc. to Report Q3, 2014 Results on Nov 13, 2014

Cosi Inc. announced that they will report Q3, 2014 results at 5:00 PM, US Eastern Standard Time on Nov 13, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
COSI:US $1.61 USD +0.03

COSI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Biglari Holdings Inc $373.44 USD -1.69
Famous Dave's of America Inc $28.09 USD -0.36
Frisch's Restaurants Inc $25.39 USD 0.00
Popeyes Louisiana Kitchen Inc $55.50 USD +0.01
Sonic Corp $26.82 USD -0.26
View Industry Companies
 

Industry Analysis

COSI

Industry Average

Valuation COSI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.4x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact COSI INC, please visit www.getcosi.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.