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Published on Aug 23, 2016
TheStreet's
Action Alerts PLUS Portfolio Manager Jim Cramer said Zoe's Kitchen was
hit by higher wage costs and falling traffic in its most recent quarter.
On Tuesday, the company reported weaker than expected second quarter
revenue. It also expects full-year revenue between $277 million and $280
million, down from the $281 million it had previously expected. Shares
fell 19.3 percent.
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