CPKI California Pizza Kitchen, Inc. featured news, full reports, and detailed charts
California Pizza Kitchen, Inc. (CPKI) Wrap Up:
California Pizza Kitchen, Inc. (referred to herein as the “Company” or in the first person notations “we,” “our,” and “us”) is a leading casual dining restaurant chain with a particular focus on the premium pizza segment. As of March 13, 2008, we own, license or franchise 237 locations in 30 states, the District of Columbia and 8 foreign countries, of which 198 are company-owned and 39 operate under franchise or license arrangements. During our 23 years of operating history, we have developed a recognized consumer brand and demonstrated the appeal of our concept in a wide variety of geographic areas. Our restaurants, which feature an exhibition style kitchen centered around an open flame oven, provide a distinctive, casual dining experience that is family friendly and has broad consumer appeal. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f14%2f0001193125-08-057546.html#FIS_BUSINESS"California Pizza Kitchen Inc. (CPKI:NASDAQ)
Snapshot of California Pizza Kitchen Inc. (CPKI)
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OPEN
$12.58
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PREVIOUS CLOSE
$12.60
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DAY HIGH
$12.82
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DAY LOW
$12.47
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52 WEEK HIGH
04/24/09 - $17.44
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52 WEEK LOW
11/21/08 - $5.24
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MARKET CAP
304.0M
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AVERAGE VOLUME 3 mo
346.9K
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DILUTED EPS TTM
$0.33
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SHARES OUTSTANDING
24.2M
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CPKI Does Not Pay Dividends
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P/E TTM
38.1x
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| K = Thousands M = Millions B = Billions | ||
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CPKI Top Compensated Officers
Executives, Board Directors
Key developments for California Pizza Kitchen Inc. (CPKI)
California Pizza Kitchen Inc. announced the addition of seven new items and whole grain options to their extensive menu. Guests will now be able to order any of California Pizza Kitchen's innovative pizzas on a new honey-wheat with whole grain crust and any of their twelve pastas on multigrain penne. Joining CPK's list of vegetarian soups is a Tuscan White Bean Minestrone with Cannellini beans, tomatoes, zucchini, spinach, onion, celery, Parmesan cheese and homemade garlic-herb croutons. A new Specialty item is also being introduced to the menu. Guests will be able to choose either Baja Fish Tacos with sauteed wild-caught Mahi Mahi or Steak Tacos with grilled steak, accompanied by fresh shredded cabbage and homemade ranchito sauce. Both versions will be served with blue & white corn tortilla chips and homemade roasted tomato salsa. CPK's sandwich menu will double with the introduction of three new options: Cranberry Walnut Chicken Salad Chilled-grilled chicken breast, dried cranberries, toasted walnuts, celery, onions and mayonnaise, topped with sliced fresh Roma tomatoes and shredded lettuce. Albacore Tuna Salad CPK's tuna salad with mild onions, celery and mayonnaise, topped with sliced fresh Roma tomatoes and shredded lettuce. Chicken Club Chilled-grilled chicken breast with applewood smoked bacon, sliced fresh Roma tomatoes, fresh avocado, shredded lettuce and mayonnaise.
California Pizza Kitchen Inc. reported earnings results for the third quarter and nine months ended September 27, 2009. For the quarter, the company reported net income of $5,791,000 or $0.24 per diluted share on revenue of $164,839,000 compared to net income of $4,960,000 or $0.20 per diluted share on revenue of $173,958,000 in the previous year period. Income before income taxes was $7,811,000 compared to $6,975,000 in the previous year period. Income from operations was $7,977,000 compared to $7,422,000 in the previous year period. For the nine months, the company reported net income of $14,481,000 or $0.60 per diluted share on revenue of $496,839,000 compared to net income of $13,975,000 or $0.54 per diluted share on revenue of $515,303,000 in the previous year period. Income before income taxes was $20,261,000 compared to $20,232,000 in the previous year period. Income from operations was $20,924,000 compared to $21,001,000 in the previous year period. The company also outlined its financial guidance for the fourth quarter of 2009 based on the following assumptions: Comparable restaurant sales between negative 5.5% and negative 6.5%. Earnings estimated in the range of $0.16-$0.18 per diluted share. In 2010, the Company anticipates opening eight full service restaurants, while franchise partners are expected to open eight international and two domestic franchise locations. During the third quarter of 2009, the Company added one full service restaurant in Cherry Hill, New Jersey. In addition, one of the Company's franchise partners launched the first California Pizza Kitchen on a college campus, opening a fast-casual location at Hofstra University in Hempstead, New York.
California Pizza Kitchen Inc. expected to Report Fiscal Year 2009 Results on February 19, 2010. This event was calculated by Capital IQ (Created on November 5, 2009).
CPKI Competitors
| Company | Last | Change |
| Denny's Corporation | $2.19 USD | -0.11 |
| Landrys Restaurants Inc | $19.51 USD | +0.05 |
| Red Robin Gourmet Burgers Inc | $15.91 USD | +0.17 |
| Sonic Corp | $9.58 USD | +0.05 |
| The Steak n Shake Co | $11.90 USD | -0.02 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | CPKI | Industry Range |
| Price/Earnings | 33.0x |
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| Price/Sales | 0.5x |
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| Price/Book | 1.5x |
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| Price/Cash Flow | 6.6x |
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| TEV/Sales | 0.4x |
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CPKI transactions
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| No transactions in the last 6 months. | ||
More Recent News About California Pizza Kitchen, Inc.
More news for CPKI
California Pizza Kitchen Announces Financial Results for the Third Quarter 2009
 Selected Unaudited Consolidated Financial and Operating Data (Dollars in thousands, except for per share and operating data)      Quarter Ended Nine Months Ended September 27, September 28, September 27, September 28, 2009 2008 2009 2008  Statement of Income: ...Click here to read the whole Article (external link)
California Pizza Kitchen 3Q profit jumps
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
CALIFORNIA PIZZA KITCHEN, INC. Files SEC form 8-K, Results of Operations and Financial Condition
Show all filings for CALIFORNIA PIZZA KITCHEN, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for CALIFORNIA PIZZA KITCHEN, INC. 5-Nov-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for ...Click here to read the whole Article (external link)
California Pizza Kitchen Earnings Call scheduled for 4:30 pm ET today
Call DetailsCalifornia Pizza Kitchen Earnings Conference Call (Q3 2009)Thu, Nov 5, 2009, 4:30 pm EasternAbout California Pizza Kitchen (NasdaqGS:CPKI)California Pizza Kitchen, Inc., together with its subsidiaries, engages in the ownership, operation, license, and franchising of a chain of casual dining restaurants in the United States. The company provides pizzas, pastas, salads, and appetizers. It offers various categories of pizzas, including traditional, American style, tomato sauce-based, and Italian style Neapolitan pizza. The company operates restaurants under the California Pizza Kitchen, California Pizza Kitchen ASAP, and LA Food Show Grill and Bar names. It has a trademark license agreement with Kraft Pizza Company to manufacture and distribute a line of California Pizza Kitchen frozen pizzas in the United States and Canada. As of March 12, 2009, the company operated, licensed, or franchised 253 locations in 32 states of which 205 were company owned and 48 operated under franchise or license agreements. It also has operations in the United Arab Emirates, Guam, Hong Kong, China, Indonesia, Japan, Malaysia, Mexico, the Philippines, Singapore, and South Korea. The company was founded in 1985 and is headquartered in Los Angeles, California.More Info:Quote |Chart |News |Profile |Reports |Research |SEC |Msgs |...Click here to read the whole Article (external link)
New Star Analyst Rankings for California Pizza Kitchen, Inc.
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
CALIFORNIA PIZZA KITCHEN, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Forward-Looking Statements This report contains forward-looking statements that involve risks and uncertainties. These statements relate to our future plans, objectives, expectations and intentions. These statements may be identified by the use of words such as "expects," "anticipates," "intends," "plans" and similar expressions. Our actual results could differ materially from those discussed in these statements. Factors that could contribute to these differences include those discussed under "Risk Factors" of our 2008 Annual Report on Form 10-K and elsewhere in this report. The cautionary statements made in this report should be read as being applicable to all forward-looking statements wherever they appear in this report. Overview California Pizza Kitchen, Inc. (referred to hereafter as the "Company" or in the first person notations "we" and "our") is a leading casual dining restaurant chain. As of November 6, 2009, we own, operate, license or franchise 256 locations under the names California Pizza Kitchen, California Pizza Kitchen ASAP ("CPK/ASAP") and LA Food Show in 32 states, the District of Columbia and 10 foreign countries. We have 48 locations that operate under franchise or license agreements and use the California Pizza Kitchen and California Pizza Kitchen ASAP brand names and trademarks. Through a licensing agreement with Kraft, California Pizza Kitchen branded frozen pizzas and flatbread melts are available in approximately 20,000 locations in all 50 states. We opened our first restaurant in 1985 in Beverly Hills, California and during our 24 years of operating history, we have developed a recognized consumer brand and demonstrated the appeal of our concept in a wide variety of geographic areas. Our restaurants, which feature an exhibition-style kitchen cent...Click here to read the whole Article (external link)
California Pizza Kitchen Launches New Menu Options
LOS ANGELES--(BUSINESS WIRE)--California Pizza Kitchen (NASDAQ:CPKI - News) (CPK), home of the Original BBQ Chicken Pizza and other innovative hearth-baked pizzas, made-to-order pastas, creative salads, appetizers, soups, sandwiches and desserts, announced today the addition of seven new items and whole grain options to their extensive menu. Guests will now be able to order any of California Pizza Kitchen’s innovative pizzas on a new honey-wheat with whole grain crust and any of their twelve pastas on multigrain penne.Joining CPK’s list of vegetarian soups is a Tuscan White Bean Minestrone with Cannellini beans, tomatoes, zucchini, spinach, onion, celery, Parmesan cheese and homemade garlic-herb croutons.A new Specialty item is also being introduced to the menu. Guests will be able to choose either Baja Fish Tacos with sautéed wild-caught Mahi Mahi or Steak Tacos with grilled steak, accompanied by fresh shredded cabbage and homemade ranchito sauce. Both versions will be served with blue & white corn tortilla ch...Click here to read the whole Article (external link)
Marcial: Pros Turn Cold on California Pizza
Marcial: Pros Turn Cold on California Pizza The restaurant chain's sales remain in a slump, in part because of heavy exposure to the company's hard-hit home state By Gene Marcial Almost everyone loves pizza, long an inexpensive mainstay for Americans. And with an economic downturn, you would expect pizza sales to be piping hot. Surprisingly, that's not the case for one of the largest casual-dining restaurant chains specializing in pizza. Sales haven't been sizzling at California Pizza Kitchen (CPKI), which operates 256 parlors offering premium pies. The softness led the company to post less-than-impressive third-quarter results on Nov. 6. That sent California Pizza's stock tumbling to 12.76 from 13.84 the day before. On Apr. 24, the stock was trading at a 52-week high of 17.44. "We think the sell-off is due to reaction to the company's weak guidance on same-store sales of a 5.5% to 6.5% drop in the fourth quarter" even after a 7.2% decline in last year's fourth quarter, says analyst Mark Basham of Standard & Poor's (MHP), who rates the stock a sell. He puts his 52-week target price at 12, based on his earnings estimate of 80¢ a share for 2009 and 75¢ for 2010. Sales Down, Profits UpFor the third quarter of 2009, California Pizza reported earnings of $5.8 million, a 16.8% jump from a year earlier, despite a 5.3% drop in sales, to $164 million, which included a 5.7% decrease in restaurant sales, to $161.2 million. The profit rise resulted mainly from cutbacks in labor and energy costs. Same-store sales tumbled 8%, with July sales down 9%, August off 7.2%, and September down 7.3%, according to ...Click here to read the whole Article (external link)
CALIFORNIA PIZZA KITCHEN, INC. Financials
PERIOD ENDING27-Sep-0928-Jun-0929-Mar-0928-Dec-08Total Revenue164,840 170,931 161,068 161,771 Cost of Revenue133,758 138,696 133,881 135,334 Gross Profit31,082 32,235 27,187 26,437 Operating ExpensesResearch Development - - - - Selling General and Administrative12,617 13,117 12,991 12,937 Non Recurring428 972 729 14,296 Others10,060 9,313 9,353 7,824 Total Operating Expenses - - - - Operating Income or Loss7,977 8,833 4,114 (8,620)Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes7,314 8,833 4,114 (8,620)Interest Expense(497)188 309 555 Income Before Tax7,811 8,645 3,805 (9,175)Income Tax Expense2,020 2,547 1,213 (3,862)Minority Interest - - - - Net Income From Continuing Ops5,791 6,098 2,592 (5,313)Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - ...Click here to read the whole Article (external link)
