I saw this on Yahoo, and sent a request to Reuters to correct their article. -Dylan
"Some analysts, pointing to falling sales at the jungle-themed Rainforest Cafe (Nasdaq:RAIN - news) chain and setbacks for others such as the
Fashion Cafe, predict that the over-the-top eateries pioneered by Planet Hollywood Chairman Robert Earl were a dying breed."
Where do they get this stuff from. Here are rainforest's sales for the last 11 quarters. I don't see any falling sales.
Mar-96....$4,711,000
Jun-96....$5,600,000
Sep-96...$11,326,000
Dec-96...$15,451,000
Mar-97...$16,621,000
Jun-97...$18,107,000
Sep-97...$21,455,000
Dec-97...$27,467,000
Mar-98...$35,007,000
Jun-98...$40,777,000
Sep-98...$43,150,000 |
