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<a href="http://www.accessmylibrary.com/article-1G1-81138304/morgan-foods-inc-franchisee.html" title="Facts and information about Morgan's Foods Inc., a franchisee of 76 KFCs, seven Taco Bells and 20 co-branded units. (Financial Briefs).(3rd-quarter earnings)(Brief Article)">Morgan's Foods Inc., a franchisee of 76 KFCs, seven Taco Bells and 20 co-branded units. (Financial Briefs).(3rd-quarter earnings)(Brief Article)</a>
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Morgan's Foods Inc., a franchisee of 76 KFCs, seven Taco Bells and 20 co-branded units. (Financial Briefs).(3rd-quarter earnings)(Brief Article)
BEACHWOOD, Ohio -- MORGAN'S FOODS INC., a franchisee of 76 KFCs, seven Taco Bells and 20 co-branded units, reported third-quarter earnings of $552,000, vs. a loss of $538,000 in the year-ago period, which included a charge of $133,000 for the write-down of a restaurant. Nine-month profits were $922,000, vs. a year-ego loss of $875,000, on revenue of $59 million, a 6-percent increase. Same-store sales rose 7.8 percent in the nine months and 10.8 percent …
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