Wed Jul 22 08:54:00 -0400 2009

DowJones Newswires (New York)

- P.F. Chang’s China Bistro Inc. (PFCB) shares slumped in late trading after the restaurant chain said sales deteriorated in July and that its margins would contract in the second half of the year on higher wage and other costs.

Another analyst, Tom Forte of Telsey Advisory Group, suggested that P.F. Chang’s was once-again being conservative, and that analysts may bring their estimates above the company’s projections for full-year earnings.

To view the full article, download the PDF here: Dow Jones Newswires, July 22, 2009