NPC International, Inc. (the "Company"), today reported results for its fourth fiscal quarter and fiscal year ended December 29, 2009.
FOURTH QUARTER HIGHLIGHTS:
* The fourth quarter of 2009 was comprised of 13 weeks while 2008 contained 14 weeks.
* Non-GAAP Adjusted EBITDA ("Adjusted EBITDA") from continuing operations (reconciliation attached) of $19.0MM was below the prior year by $4.2MM or 17.9%.
* Loss from continuing operations of $0.3MM compared to income of $3.2MM recorded last year.
* Debt remained equal to the third quarter at $433.7MM while cash increased by $4.2MM to $14.7MM.
* Comparable store sales from continuing operations declined -10.5% rolling over a decrease of -3.4% last year.
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Showing posts with label NPC. Show all posts
Showing posts with label NPC. Show all posts
Tuesday, March 30, 2010
Saturday, August 15, 2009
NPC International, Inc. Reports Second Fiscal Quarter 2009 Earnings
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
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
Friday, May 15, 2009
NPC International, Inc. Reports First Fiscal Quarter
NPC International, the largest Pizza Hut franchisee in the world.
Founded in 1962, NPC International went public in 1984. Shares of NPC International, Inc., were traded on the NASDAQ Stock Market under the symbol NPCI until August 31, 2001 when the stockholders approved a merger through which the company went private. On May 3, 2006, the Company was sold to Merrill-Lynch Global Private Equity Group. NPC currently operates 1155 stores in 28 states
Founded in 1962, NPC International went public in 1984. Shares of NPC International, Inc., were traded on the NASDAQ Stock Market under the symbol NPCI until August 31, 2001 when the stockholders approved a merger through which the company went private. On May 3, 2006, the Company was sold to Merrill-Lynch Global Private Equity Group. NPC currently operates 1155 stores in 28 states