Advantica Restaurant Group, Inc. (OTCBB: DINE) yesterday reported same-store sales for company-owned restaurants during the four-week period ended April 25, 2001, compared with the same period in fiscal year 2000.
Denny’s
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For the fiscal month of April, Denny’s company-owned restaurants posted an increase in same-store sales of 2.6%. The increase included the impact of a 2.5% higher average guest check.
Coco’s and Carrows
For the fiscal month of April, Coco’s posted a decline in same-store sales at company-owned units of 7.0% which included a 1.8% higher average guest check. Carrows same-store sales decreased 3.2% which included a 1.4% higher average guest check.
Included below are the Company’s restaurant counts at the end of April compared to year end 2000.
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By GlobalData-0-
Restaurant Units 4/25/01 12/27/00
————– ————–
Denny’s
Company-owned 692 736
Franchised 1,106 1,067
Licensed 16 19
————– ————–
1,814 1,822
Discontinued Operations:
Coco’s
Company-owned 143 144
Franchised 36 35
Licensed 302 302
————– ————–
481 481
Carrows
Company-owned 114 114
Franchised 28 27
————– ————–
142 141
————– ————–
2,437 2,444
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Advantica Restaurant Group, Inc. is one of the largest restaurant companies in the United States, operating over 2,400 moderately priced restaurants in the mid-scale dining segment. Advantica owns and operates the Denny’s, Coco’s and Carrows restaurant brands. For further information on the Company, including news releases, links to SEC filings and other financial information, please visit Advantica’s website at www.advantica-dine.com.
