News
Q1 comps slide 2% at Pei Wei
April 4, 2006
SCOTTSDALE, Ariz. — P.F. Chang's China Bistro Inc., the parent of fast-casual restaurant Pei Wei, reported consolidated revenues of $228.6 million for the first quarter ended April 2 compared to $194.2 million for the first quarter of 2005.
According to a regulatory filing, Pei Wei Asian Diner units accounted for $41.7 million of consolidated revenues. For the 13 weeks ended April 2, comparable-store sales decreased 2 percent at Pei Wei. Comparable store sales decreased 0.5 percent, 3.4 percent and 2.3 percent, respectively, for January, February and March.
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