WE'VE TURNED THE CORNER.
REVENUES UP
EPS .01
CLEARWATER, Fla., April 28 (Reuters) -
CHECKERS DRIVE-IN RESTAURANTS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands except per share amounts)
(Unaudited)
Quarter Ended
Mar 23, Mar 24,
1998 1997
Net Restaurant Sales $35,107 $32,448
Other 1,896 1,709
Total Revenues 37,003 34,157
Restaurant costs of sales 22,080 22,443
Other Restaurant expenses 9,710 9,544
General and administrative
& other expenses 3,589 3,988
Operating (loss) income 1,624 (1,818)
Interest Expense (954) (1,342)
Interest - loan cost amortization(415) (2,170)
Other 139 149
Income tax benefit --- ---
Net income (loss) 394 (5,181)
Net income (loss) per common
share 0.01 ( 0.09)
Weighted average number of
common shares outstanding 73,313 55,110
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