Spartanburg-based Advantica Restaurant Group, one of the largest restaurant companies in the US, has reported same-store sales for company-owned restaurants during the five-week period and quarter ended 27 March 2002, compared with the same periods in fiscal year 2001.
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Five Weeks 13 Weeks
Mar. 2002 Q1-2002
———- ———-
Same-Store Sales
Denny’s 0.0% (0.1%)
Coco’s (4.5%) (6.3%)
Carrows (0.1%) (1.6%)
Guest Check Average
Denny’s 1.3% 1.2%
Coco’s 2.3% 2.6%
Carrows 2.3% 1.7%
Included below are the Company’s restaurant counts at the end of March, compared with year end 2001.
Restaurant Units 3/27/02 12/26/01
——- ——–
Denny’s
Company-owned 602 621
Franchised 1,108 1,114
Licensed 14 14
——- ——–
1,724 1,749
Discontinued Operations:
Coco’s
Company-owned 137 139
Franchised 38 38
Licensed 295 298
——- ——–
470 475
Carrows
Company-owned 109 112
Franchised 29 30
——- ——–
138 142
——- ——–
2,332 2,366
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