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O'Charley's Closes 47 Locations as Losses Soar

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Story summary
  • O'Charley's closed nearly all company-owned restaurants at 8 p.m. on September 9, 2026.
  • The chain operated 47 locations on June 30, 2026, down from 57 a year earlier after four closures.
  • Net loss expanded from $2 million to $88.5 million in Q2 2026, reflecting rapid sales decline.
  • Perry Hindman urged Tennessee to require employers to pay at least one month’s wages when a restaurant closes.