Company Profile For O'Charley's Inc.

O'Charley's Inc. is a casual dining restaurant company. The Company owns and operates three restaurant concepts under the O’Charley’s, Ninety Nine and Stoney River Legendary Steaks trade names. As of December 28, 2008, it operated 232 O’Charley’s company owned restaurants in 16 states in the Southeast and Midwest, 116 Ninety Nine restaurants in nine states throughout New England and the Mid-Atlantic states, and 11 Stoney River restaurants in seven states in the East, Southeast and Midwest. As of December 28, 2008, the Company had nine franchised O’Charley’s restaurants, including four in Michigan, two in Ohio, and one in each Iowa, Pennsylvania and Tennessee. As of December 28, 2008, the Company had two joint venture O’Charley’s restaurants in Louisiana and one joint venture O’Charley’s restaurant in Wisconsin, in all of which it have an ownership interest.

BRIEF: For the forty weeks ended 4 October 2009, O'Charley's Inc.'s revenues decreased 5% to $692M. Net income applic. to Common totaled $7.7M vs. a loss of $64.3M. Revenues reflect a decrease in restaurant sales and lower income from franchise. Net income reflects a decrease in cost of food & beverages, a fall in payroll & benefits expenses, a decline in restaurant operating expenses and lower general & administrative expenses.