Fourth Quarter Review
Restaurant sales were $80.2 million, a decrease of $13.8 million compared to the same quarter last
year. This decrease included a $2.1 million net decline in sales related to closed stores, partially
offset by new restaurant sales.
Same-store sales, from 117 restaurants, decreased approximately 13.6% primarily due to a decline in
guest traffic and partially a result of lower menu prices and value promotions which decreased
average sales per person by 1.2% compared to the prior year.
Read more:
