For the results of these initiatives, in the second quarter Cosi achieved a profit and was cash flow positive. Yes, that's correct. Cosi achieved a profitable quarter after six months with this new leadership team. The Company earned $77,000 which is our first step in getting the core profitable and establishing a solid foundation for future growth in the business.
This is an improvement of over $700,000 from the previous year when we reported a loss of $634,000, the same quarter of last year. This team has really worked hard to achieve this performance and is digging in to continue making improvement
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