CPK’s First Quarter Beats Estimates

""According to DailyMarkets.com, “California Pizza Kitchen, Inc. recently posted first quarter 2011 earnings of 9 cents per share, which was above the Zacks Consensus Estimate of 6 cents per share and the company’s guided range of 3 cents to 5 cents per share. However, reported earnings missed the prior-year quarter earnings by a penny. The better-than-expected results were driven by menu optimization program, which focus on higher margin menu items and cost control.”