Zoe's Kitchen Inc. to Slow Expansion

Zoe's Kitchen Inc. to Slow Expansion

Zoe's Kitchen (NYSE: ZOES) reported second-quarter results on Aug. 17.

Lower customer traffic continues to weigh on its sales and profits, prompting the Mediterranean-inspired restaurant chain to announce that it would be slowing the pace of its new store openings in 2018.

Zoe's Kitchen is pumping the brakes on its store count growth. Image source: Getty Images.

Continue reading

Source: Fool.com