LOS ANGELES - Sizzler International Inc said it expects to increase earnings per share during the fiscal year ending May 3 and its goal is continued earnings growth the following fiscal year.
For the 52 weeks ended April 30, 1997, Sizzler reported net income of $0.02 a share, or $565,000.
Among its goals are to achieve same-store sales increases in the 68-restaurant system operated by Sizzler in the U.S. and to reduce losses from the 33 company-operated restaurants in Australia, which are significantly reducing the otherwise strong profits from over-all international operations.
Meat Industry Insights News Service
P.O. Box 553
Northport, NY 11768
Phone: 631-757-4010
Fax: 631-757-4060
E-mail: sflanagan@sprintmail.com
Web Site: http://www.spcnetwork.com/mii