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8-K - CURRENT REPORT - COSI INCco20150813-8k.htm
EX-99.1 - PRESS RELEASE - COSI INCco20150813-ex99_1.htm
 
Exhibit 99.2
 
 “COSI”, “(SUN & MOON DESIGN)” and related marks are registered trademarks of Cosi, Inc. in the U. S. A. and certain other countries. © 20015 Così, Inc. All rights reserved.   *  Q2 2015 Investor Teleconference  Supplemental InformationJune 29, 2015 
 

 “COSI”, “(SUN & MOON DESIGN)” and related marks are registered trademarks of Cosi, Inc. in the U. S. A. and certain other countries. © 20015 Così, Inc. All rights reserved.   *   Q2 2015 Teleconference Agenda  Introductory CommentsFinancial ResultsSlide 3 – Restaurant Margin Performance Q2Slide 4 – Reconciliation of Non-GAAP Measures To Net Income Q2Questions and Answers 
 

 “COSI”, “(SUN & MOON DESIGN)” and related marks are registered trademarks of Cosi, Inc. in the U. S. A. and certain other countries. © 20015 Così, Inc. All rights reserved.   *   Restaurant Margin Performance – Q2    U.S. Dollars in Thousands (1)  U.S. Dollars in Thousands (1)  U.S. Dollars in Thousands (1)  U.S. Dollars in Thousands (1)  U.S. Dollars in Thousands (1)  U.S. Dollars in Thousands (1)  U.S. Dollars in Thousands (1)                    13 Weeks Ended      13 Weeks Ended      Margin    June 29, 2015      June 30, 2014      Change (1)                  Restaurant Net Sales   $ 24,027   100.0%     $ 20,007   100.0%    ---  Comp Sales %  2.1%      -7.5%                        Cost of Food and Beverage   $ 6,514   27.1%     $ 5,122   25.6%    150 Basis Points Increase                  Gross Profit   $ 17,513   72.9%     $ 14,885   74.4%    150 Basis Points Decrease                  Labor and Related Benefits   $ 8,588   35.7%     $ 7,432   37.1%    140 Basis Points Decrease                  Other Operating Expenses   $ 3,753   15.6%     2,794   14.0%    170 Basis Points Increase                  Controllable Contribution   $ 5,172   21.5%     $ 4,659   23.3%    180 Basis Points Decrease                  Occupancy Costs   $ 4,779   19.9%     4,284   21.4%    150 Basis Points Decrease                  Restaurant Cash Flow   $ 393   1.6%     $ 375   1.9%    30 Basis Points Decrease                  (1) Due to Rounding, some percentages might not foot.  (1) Due to Rounding, some percentages might not foot.  (1) Due to Rounding, some percentages might not foot.  (1) Due to Rounding, some percentages might not foot.  (1) Due to Rounding, some percentages might not foot.  (1) Due to Rounding, some percentages might not foot.  (1) Due to Rounding, some percentages might not foot.  (1) Due to Rounding, some percentages might not foot. 
 

 “COSI”, “(SUN & MOON DESIGN)” and related marks are registered trademarks of Cosi, Inc. in the U. S. A. and certain other countries. © 20015 Così, Inc. All rights reserved. .   *   Reconciliation of Non-GAAP Measures To Net Income    13 Weeks Ended    13 Weeks Ended    June 29, 2015    June 30, 2014          Restaurant Net Sales   $ 24,027      $ 20,007   Cost of Food and Beverage   $ 6,514      $ 5,122   Labor and Related Benefits   $ 8,588      $ 7,432   Occupancy and Other Operating Expenses   $ 8,532      $ 7,078   Restaurant Cash Flow   $ 393      $ 375           Franchise Fees and Royalties   $ 422      $ 663           General and Administrative Expenses   $ 3,181      $ 3,685   Depreciation and Amortization   $ 846      $ 601   Provision For Losses On Asset Impairments and Disposals   $ -      $ 120   Closed Store Costs   $ 52      $ 95   Lease Termination Expense    $ 142      $ 1,174   Loss On Sale of Fixed Assets   $ -      $ (50)          Operating Loss   $ (3,406)     $ (4,587)          Interest Expense   $ (313)     $ (239)  Debt Issuance Amortization   $ (165)     $ -   Other Income, net   $ 10      $ 12           Net Loss   $ (3,874)     $ (4,814)          EPS   $ (0.17)     $ (0.27)