| Business Summary | | Star
Buffet,
Inc.
is
engaged
in
the
restaurant
industry.
As
of
January
29,
2001,
the
Company
owned
and
operated
16
franchised
HomeTown
Buffet
restaurants,
15
BuddyFreddys
restaurants,
10
JB's
restaurants,
six
JJ
North's
Country
Buffet
restaurants,
two
North's
Star
Buffet
restaurants,
two
Holiday
House
restaurants
and
two
Mexican-themed
restaurants,
operated
under
the
Casa
Bonita
name.
As
of
January
29,
2001,
one
of
the
15
BuddyFreddys
restaurants
and
one
of
the
two
North's
Star
Buffet
restaurants
were
closed
for
remodeling
and
repositioning.
The
Company's
restaurants
are
located
in
nine
western
states,
Oklahoma
and
Florida,
and
are
focused
upon
providing
customers
with
a
wide
variety
of
food
at
moderate
prices. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | STRZ
operates
15
BuddyFreddys,
16
HomeTown
Buffets,
10
JB's,
six
JJ
North's
Grand
Buffets,
two
North's
Star
Buffets,
two
Holiday
Houses
and
two
Mexican-themed
restaurants
under
the
Casa
Bonita
name.
For
the
16
weeks
ended
5/21/01,
revenues
decreased
10%
to
$28.7
million.
Net
income
increased
10%
to
$902
thousand.
Revenues
reflect
a
decline
in
comparable
same
store
sales.
Net
income
reflects
the
absence
of
the
impairment
of
long-lived
assets
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Wheaton, 49 Chairman,
Pres, CEO | $298K | Ronald Dowdy, 44 Group
Controller, Treasurer and Sec. | -- | Dollar amounts are as of 29-Jan-2001 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
|
|