Lean time at Planet Hollywood
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The restaurant owner and franchiser said it was evaluating business to cut costs and improve performance, and the company should return to profits in 1999.
Planet Hollywood reported a second-quarter net loss of $1.4m (pounds 860,000), compared with a profit $16.3m in the quarter last year. Sales were $105.1m in the quarter, down from $121.9m.
There were 87 Planet Hollywood venues in operation.
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