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Mexican Restaurants. (Financial Briefs).(reports its fourth quarter earnings)(Brief Article)
HOUSTON -- MEXICAN RESTAURANTS, operator and franchisor of 83 restaurants, reported net earnings of $154,260 for its fourth quarter ended Dec. 29, vs. a loss of S285,150 in the year-ago period. While the latest quarter included a pre-tax gain of S46,268, the priory-year period included pre-tax impairment charges of S971,885. Revenue for the latest quarter dipped 7 percent to $14 …
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