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Article: Einstein Noah Restaurant Group Reports Third Quarter 2009 Financial Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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Einstein Noah Restaurant Group, Inc. (NASDAQ: BAGL), a leader in the quick-casual segment of the restaurant industry operating under the Einstein Bros.[R] Bagels, Noah's New York Bagels[R], and Manhattan Bagel[R] brands, reported financial results for the third quarter ended September 29, 2009. Selected Highlights for the Third Quarter 2009 Compared to Third Quarter 2008: Total revenues declined modestly to $100.0 million vs. 100.9 million in the third quarter of 2008.
System-wide comparable store sales decreased (2.7%) while transactions decreased (2.1%) continuing to reflect substantial improvement from the beginning of the year.
Corporate margins in ...