Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: TUESDAY, January 28, 1992 TAG: 9201280081
SECTION: BUSINESS PAGE: A5 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Short
REPORTED EARNINGS
Ground Round Restaurants Inc., a Boston-based chain with an outlet in
Roanoke, said Monday its net income was $1.13 million, or 10 cents per share,
on sales of $54.4 million for the quarter ended Dec. 29. For the 1990 quarter,
net income from continuing operations broke even on sales of $53.5 million.
The company reported a net loss of $13.8 million, or $2.13 per share, due to
discontinued operations. Quarterly sales were $54.4 million, up 1.6 percent.
by Archana Subramaniam
by CNB