UPDATE: O'Charley's Reports Wider-Than-Expected Loss In Second Quarter

O'Charley's Inc CHUX reported wider-than-expected second-quarter loss on Thursday. O'Charley's reported a quarterly loss of $1.8 million, or $0.09 per share, versus a loss of $2.5 million, or $0.12 per share, in the year-ago period. Its loss from continuing operations came in at $0.08 per share. Its revenue rose 1% y/y to $193.3 million from $190.9 million. However, analysts were expecting a loss of $0.05 per share on revenue of $189.6 million. O'Charley's projects third-quarter revenue of $185 million to $190 million, versus analysts' estimates of $186.5 million. O'Charley's shares closed at $5.18 yesterday.