Garden Fresh Restaurant Corp (LTUS) Message Board

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Non-Tech : Garden Fresh Restaurant Corp (LTUS)

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To: John O'Neill who wrote (56)	10/14/1998 2:33:00 PM
From: Raptech	Read Replies (1) of 78

This, from the SEC 10 Q filed in August: >>CERTAIN OPERATING RESULTS AND CONSIDERATIONS In fiscal 1996 and 1997, respectively, the Company experienced an increase of 2.5% and an increase of 4.7% in comparable restaurant sales. In the first nine months of fiscal 1997 and 1998, respectively, the Company's comparable restaurant sales increased by 3.0% and 7.4%, respectively. The Company's newer restaurants have not historically experienced significant increases in guest volume following their initial opening period. In addition, the Company does not believe it has significant latitude to achieve comparable restaurant sales growth through price increases. As a result, the Company does not believe that recent comparable restaurant sales is indicative of future trends in comparable restaurant sales. The Company believes that it may from time to time in the future experience declines in comparable restaurant sales, and that any future increases in comparable restaurant sales would be modest.<< <\b> BTW, there is some other interesting info in the 10 Q sec.yahoo.com Rap

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