Smith & Wollensky Announces December Sales Increase
2004年1月6日 - 8:30AM
PRニュース・ワイアー (英語)
Smith & Wollensky Announces December Sales Increase NEW YORK,
Jan. 5 /PRNewswire-FirstCall/ -- The Smith & Wollensky
Restaurant Group, Inc. today announced increased sales for the
five-week fiscal month ended December 29, 2003. (Logo:
http://www.newscom.com/cgi-bin/prnh/20020904/SWRGLOGO ) Comparable
owned restaurant sales for the fiscal month rose 9.8% from the
corresponding month in 2002. Comparable owned sales include only
units that have been open for 15 months or longer. Total owned
restaurant sales for the five-week period increased 16.3% from the
five-week period a year ago. For the full fourth quarter of 2003,
comparable owned restaurant sales increased by 11.7% from the
fourth quarter of 2002. Total owned restaurant sales for the
quarter were $25.6 million, a 17.1% increase from a year ago.
Chairman and CEO Alan Stillman said, "During December 2003 there
was a four-day Christmas holiday weekend, while in 2002 the holiday
was on a Wednesday, and there was the announcement of a single case
of B.S.E." Mr. Stillman continued, "We remain pleased with our
continuing strong sales momentum. December represents our 18th
consecutive month of increased sales in comparable owned units. We
remain on schedule for the planned January 19th opening of our new
Houston location, our ninth Smith & Wollensky restaurant
outside of New York." About Smith & Wollensky Restaurant Group
The Smith & Wollensky Restaurant Group develops, owns and
operates high-end, high-volume restaurants in major cities across
the United States. The original Smith & Wollensky, a
traditional New York steakhouse, opened in 1977 and is currently
believed to be the largest-grossing a la carte restaurant in the
country. Since its inception, the company has grown to include 16
restaurants, including Smith & Wollensky in New York, Miami
Beach, Chicago, New Orleans, Las Vegas, Washington, D.C.,
Philadelphia, Columbus and Dallas. SWRG also operates seven other
restaurants in New York and Chicago, including Cite, Maloney &
Porcelli, Manhattan Ocean Club, Mrs. Park's Tavern, ONEc.p.s., Park
Avenue Cafe and The Post House. Except for historical information
contained herein, the statements made in this press release
regarding the Company's business, strategy and results of
operations are forward-looking statements which are based on
management's beliefs and information currently available to
management. Readers are cautioned not to put undue reliance on such
forward-looking statements, which are subject to a number of risks
and uncertainties that could cause actual results to differ
materially from such statements. Factors that may cause such
differences include changes in economic conditions generally or in
each of the markets in which the Company is located, unanticipated
changes in labor or food costs, changes in consumer preferences,
the level of competition in the high-end segment of the restaurant
industry and the success of the Company's growth strategy. For a
more detailed description of such factors, please see the Company's
filings with the Securities and Exchange Commission. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
http://www.newscom.com/cgi-bin/prnh/20020904/SWRGLOGODATASOURCE:
Smith & Wollensky Restaurant Group, Inc. CONTACT: Lauren Felice
of RFBinder Partners, +1-212-994-7541, , for The Smith &
Wollensky Restaurant Group, Inc.
Copyright
Smith & Wollensky (NASDAQ:SWRG)
過去 株価チャート
から 8 2024 まで 9 2024
Smith & Wollensky (NASDAQ:SWRG)
過去 株価チャート
から 9 2023 まで 9 2024
Real-Time news about Smith & Wollensky Restr Grp (MM) (ナスダック市場): 0 recent articles
その他のSmith & Wollensky Restaurant Grp. (The) (MM)ニュース記事