Bravo Brio Restaurant Group Inc. plans to shut down some poor-performing restaurants this year and next year after revealing Tuesday that its same-store sales have fallen for a third straight year in 2015, according to Nation’s Restaurant News and The (Columbus) Dispatch.
Same-store sales fell 4.6 percent in the fourth quarter at both of the company’s chains, Bravo Cucina Italiana and Brio Tuscan Grille. For the year, same-store sales fell 2.8 percent at the two casual-dining Italian concepts.
No restaurants have yet been targeted for closing yet. Locally, the Columbus-based company just opened a new Bravo location at the Mall at Fairfield Commons on Jan. 28. It also operates a Bravo restaurant on Ohio 725 near the Dayton Mall, and a Brio restaurant at the Greene Town Center in Beavercreek.
Bravo Brio president and CEO Brian O’Malley said in a statement that company officials are “disappointed with our sales and traffic performance.”
Bravo recorded a 5.2-percent decrease in same-store sales in the fourth quarter, and a 3-percent drop for the year. Brio’s same-store sales fell 4.3 percent in the quarter and 2.7 percent for the full year. Combined same-store sales at the chains have fallen in each of the past three years, NRN.com said.