| Business Summary | | Pizza
Inn,
Inc.
is
the
franchisor
and
food
and
supply
distributor
to
a
system
of
restaurants
operating
under
the
trade
name
Pizza
Inn.
At
September
11,
2000,
the
Pizza
Inn
system
consisted
of
484
units,
including
three
Company
operated
units
(which
are
used
for
product
testing
and
franchisee
training,
in
addition
to
serving
customers)
and
481
franchised
units.
The
domestic
units
are
comprised
of
261
full
service
units,
52
delivery/carry-out
units
and
94
Express
units.
The
international
units
are
comprised
of
19
full
service
units,
30
delivery/carry-out
units
and
28
Express
units.
Pizza
Inn
units
are
currently
located
in
20
states
and
13
foreign
countries.
Norco
Distributing
Company,
a
division
of
the
Company,
distributes
food
products,
equipment,
and
other
supplies
to
units
in
the
United
States
and,
to
the
extent
feasible,
in
other
countries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Pizza
Inn
is
the
franchisor
and
food
and
supply
distributor
to
a
system
of
restaurants
operating
under
the
trade
name
Pizza
Inn,
which
are
franchised
in
21
states
and
13
foreign
countries.
For
the
39
weeks
ended
3/25/01,
revenues
fell
4%
to
$47.7
million.
Net
income
declined
18%
to
$1.8
million.
Revenues
reflect
lower
chainwide
sales
and
decreased
cheese
prices.
Earnings
also
reflects
higher
bad
debt
expenses
and
increased
insurance
costs. Recent Earnings Announcement For
the
3
months
ended
06/24/2001,
revenues
were
16,125;
after
tax
earnings
were
701. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Steve Ungerman, 56 Chairman | -- | Ronald Parker, 50 Pres,
COO, Director | $938K | C. Jeffrey Rogers, 53 Vice
Chairman, CEO | 1.5M | B. Keith Clark, 37 Sr.
VP, Gen. Counsel, Sec. | 147K | Ward Olgreen, 41 Sr.
VP, Concept Devel. | 127K | Dollar amounts are as of 25-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
|
|