Earnings season is here, and while it can mean harsh reality for some, it’s apparently nothing but sunshine for California Pizza Kitchen. The restaurant chain just reported a 6.9% increase in same-store sales for the fourth quarter. As a result, it’s raising its Q4 earnings guidance. Liz Claman got a chance to talk with co-CEO Rick Rosenfield this morning on “Morning Call.”
California Pizza Kitchen has enjoyed 12 consecutive quarters of industry-leading comps, according to Rosenfield. And though chefs usually keep the most important ingredients to their favorite recipes a secret, Rosenfield is more than open to sharing the secret to CPK’s success.