Reports $1.34 Million in Total Revenues and $301,000 in Operating Profit from U-SWIRL Frozen Yogurt(R) Cafe Operations
System-wide sales totaled R$ 709.0 million, up 27,58% from 2008
Company Realizes Record Fourth Quarter Sales Growth, Margin Improvement and Significant Cost Reductions in 2009
CKE Restaurants, Inc. (NYSE:CKR) announced today period two company-operated same-store sales for the period ended March 22, 2010, for Carls Jr.® and Hardees®.
Total revenues were down 7.9% to $536.1 million in 2009, primarily due to decreases in comparable sales at Company-operated Perkins and Marie Callender’s restaurants and lower sales to external customers at Foxtail.
Così, Inc. (NASDAQ: COSI) reported a net loss for the fourth quarter ended December 28, 2009 of $(4,446,000), or $(0.11) per basic and diluted common share, compared with a net loss of $(8,370,000), or $(0.21) per basic and diluted common share in the fourth quarter of 2008.
For the fiscal year ended January 3, 2010, Mexican Restaurants (NASDAQ: CASA) reported a net loss of $848,699 or ($0.26) per diluted share. This compared with a net loss of $3,987,011 or ($1.22) per diluted share for fiscal year 2008.
Record Fiscal Year 2009 Revenues of $189 Million Up 5% Year-Over-Year; Record Fiscal Year 2009 Adjusted EBITDA of $13.1 Million or $1.30 per Share
Company-operated restaurant-level margin decreased 180 basis points for the quarter to 16.2% of company-operated restaurants revenue, in part as a result of a 100 basis point increase in depreciation costs, primarily associated with recent remodeling activities. Labor costs also increased due to higher minimum wages in some states and the impact of sales deleveraging.
Darden Restaurants, Inc. (NYSE: DRI) reported sales and diluted net earnings per share for the fiscal third quarter ended February 28, 2010. In the third quarter, diluted net earnings per share from continuing operations increased 22% to 95 cents, versus 78 cents in the prior year.