OVERLAND PARK, KANSAS, (AUGUST 14, 2009) - NPC International, Inc. (the "Company"), today reported results for its second fiscal quarter and year-to-date period ended June 30, 2009.
SECOND QUARTER HIGHLIGHTS:
-Non-GAAP Adjusted EBITDA from continuing operations (reconciliation attached) of $25.6MM exceeded the prior year by $6.4MM or 33.1%.
Income from continuing operations of $3.4MM was $2.3MM greater than the $1.1MM recorded last year.
-Debt declined $12.1MM from the first quarter to $438.7MM and our Leverage Ratio remained largely the same as our first quarter at 3.83X Consolidated EBITDA, as defined in our credit agreement.
-Comparable store sales from continuing operations declined -12.6% rolling over an increase of +7.2% last year.
Read more:
http://www.npcinternational.com/investors/financial_report/66
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