Article: APPLEBEE'S REPORTS 52 PERCENT NET EARNINGS INCREASE FOR THIRD QUARTER OF 1995 AND REACHES $1 BILLION IN SYSTEM-WIDE SALES

OVERLAND PARK, Kan., Oct. 27 /PRNewswire -- Applebee's International, Inc. (Nasdaq: APPB) today reported record net earnings of $8,239,000, or 28 cents per share, for its third quarter ended September 24, 1995. This is a net earnings increase of 52 percent over pro forma net earnings of $5,416,000, or 20 cents per share, for the third quarter of 1994. For the 39 weeks ended September 24, 1995, pro forma net earnings were $19,303,000, or 67 cents per share, a 48 percent increase over pro forma net earnings of $13,074,000, or 47 cents per share, for the comparable period in 1994. Excluding one-time merger costs of $1,770,000 related to the company's acquisition of ...

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