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Checkers Drive-In Restaurants Inc. (Financial Briefs).(Brief Article)
TAMPA, Fla. -- CHECKERS DRIVE-IN RESTAURANTS INC. posted a fourth-quarter loss of $9.7 million after charges of $10.8 million related to asset write-downs and store closings. The company, which operates and franchises 398 Checkers and 386 Rally's drive-thrus, had reported year-ago quarterly profits of $23 million. Excluding the charges, Checkers earned $1.1 million in the quarter ended Dec. 30, vs. S3.9 million in the prior year's fourth quarter. Checkers posted a fourth-quarter revenue rise of 5 percent to $53.5 million. The company's net loss for fiscal 2002 was $1.7 million, vs. prior-year net income of $4.3 million. Revenue for the year increased 11 percent to $179 …
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News wire article from: Fair Disclosure Wire
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News wire article from: Fair Disclosure Wire
October 14, 2004
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News wire article from: Nation's Restaurant News Daily NewsFax
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- Checkers Drive-In Restaurants Inc. said it expects to report revenue for the...
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News wire article from: Nation's Restaurant News Daily NewsFax
September 9, 2003
700+ words
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- Tampa, Fla.-Based Checkers Drive-In Restaurants Beefs Up Quarterly Earnings.
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News wire article from: Tampa Tribune (Tampa, FL)
April 16, 2002
700+ words
