Così, Inc. (COSI), a premium convenience restaurant company, reported revenue for the 2007 fourth quarter. Specifically, total revenue grew 5.2% – increasing from $31,782,800 to $33,432,200. Likewise, franchise fees and royalty revenues also increased; contributing $606,500 to this net revenue figure. Additionally, system-wide restaurant sales for the 2007 fourth quarter also increased 2.1%.

Revenues for the full 2007 year grew 8.5% to $137,672,200 from $126,888,300 in 2006. Company-owned net restaurant revenues grew 7.6% in 2007 to $135,617,400, compared to $126,038,300 in the previous year. Franchise fees and royalty revenues contributed $2,054,900 compared to $850,000 in 2006.

James Hyatt, President and CEO, commented, “The increase in total revenues and continued improvement in system-wide comparable sales further validates the collaborative work that has been underway with our franchise partners to drive revenue growth, execute more effectively across our system and continue improving the guests’ experience. We remain focused on the key drivers of Così’s long-term success: driving sales and operating margin improvements, franchise recruitment and development and Company-owned restaurant.

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