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Imvescor Restaurant Group Q2 Loss Widens - Quick Facts

Imvescor Restaurant Group Inc. (IRG.TO) reported a second-quarter net loss of C$1.2 million, wider than the net loss of C$0.6 million in the same period last year.

Excluding items, adjusted net earnings for the latest quarter was C$1.4 million. There was no adjustments in the year-ago comparable quarter.

Revenues for the quarter rose to C$11.8 million from C$10.9 million last year. Same store sales for the quarter was positive 0.3 percent, compared to negative 2.0 percent in the second quarter of 2011.

by RTTNews Staff Writer

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