USA: Silver Diner sees Q2 same store sales increase
Rockville, Md.-based restaurant chain Silver Diner today [Tuesday] announced results for its Q2 and H1 ended 14 July 2002. Net sales for the Q2 increased 3.8% to US$7.81m, compared to US$7.53m year on year. Excluding the Company's Towson, Maryland location, which was closed in November 2001, net sales increased 8.1%, year on year. Net sales for the H1 were up 3.5% to US$17.5m, compared to US$16.9m for the comparable period last year. Excluding the firm's Towson, Maryland and Tysons Corner locations, the latter of which was closed for 25 days in the Q1 2001 due to a fire, year-to-date net sales increased 7.1% compared to the same period last year.
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