Advantica Restaurant Group, Inc. (OTCBB: DINE) yesterday reported same-store sales for company-owned restaurants during the four-week and eight-week periods ended August 22, 2001, compared with the same periods in fiscal year 2000.
Four Weeks Eight Weeks
August 2001 QTD 2001
————- ————-Same-Store Sales
Denny’s 4.7% 4.7%
Coco’s (5.0%) (5.2%)
Carrows 2.2% 1.6%Guest Check Average
Denny’s 1.3% 0.9%
Coco’s 4.9% 3.4%
Carrows 4.2% 3.2%
Included below are the Company’s restaurant counts at the end of August, compared with year end 2000.
-0-
Restaurant Units 8/22/01 12/27/00
———— ————-Denny’s
Company-owned 653 736
Franchised 1,114 1,067
Licensed 14 19
———— ————-
1,781 1,822Discontinued Operations:
Coco’s
Company-owned 142 144
Franchised 37 35
Licensed 300 302
————- ————-
479 481
Carrows
Company-owned 113 114
Franchised 29 27
————- ————-
142 141————- ————-
2,402 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.
