UPDATE 2-California Pizza 3rd-qtr profit forecast weak


By : * Q2 EPS 25 cents vs Wall St view 25 cents
Date posted :2009-08-06 18:49:00

* Same-restaurant sales fell 6.5 percent

* Sees Q3 EPS of 19 cents to 21 cents

* Shares flat after earnings report (Adds exec and analyst comments, updates stock)

LOS ANGELES , Aug 6 (Reuters) - California Pizza Kitchen Inc (CPKI.O) forecast third-quarter earnings slightly below Wall Street estimates, blaming persistently weak industry conditions.

The company posted a second-quarter profit on Thursday in line with expectations, as it continued to cut costs to offset waning revenue, as the recession discouraged eating out.


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