| Business Summary | | Piccadilly
Cafeterias,
Inc.
is
the
largest
cafeteria
chain
in
the
United
States
with
242
cafeterias
in
16
states.
The
Company
is
the
dominant
cafeteria
chain
in
the
Southeastern
and
Mid-Atlantic
regions.
The
Company
serves
a
diverse
and
extremely
loyal
customer
base
consisting
of
families,
groups
of
friends
and
co-workers,
senior
citizens,
couples
and
students.
The
Cafeterias
provide
a
wide
selection
of
convenient,
healthy,
freshly
prepared
"home
cooked"
meals
at
value-oriented
prices
for
lunch
and
dinner. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Piccadilly
Cafeterias
operates
244
Company-owned
cafeterias
and
seafood
restaurants
in
17
states.
For
the
nine
months
ended
3/31/01,
net
sales
decreased
5%
to
$324.1
million.
Net
loss
before
extraordinary
item
totaled
$27.1
million
vs.
an
income
of
$735
thousand.
Revenues
reflect
a
decrease
in
same-store
sales
and
same-store
customer
traffic.
Net
loss
also
reflects
the
inclusion
of
a
$10.4
million
provision
for
cafeteria
impairments
and
closings
and
an
increased
interest
expense. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
100,053;
after
tax
earnings
were
-6,420. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ronald LaBorde, 44 Chairman,
CEO | $326K | Azam Malik Pres,
COO | -- | Mark Mestayer, 42 Exec.
VP and CFO | 154K | Brian Dixon, 54 Exec.
VP of Marketing | -- | Joseph Polito, 58 Exec.
VP, Gen. Mang. | 196K | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|