| Business Summary | | Prandium,
Inc.
is
primarily
engaged
in
the
operation
of
restaurants
in
the
full-service
and
fast-casual
segments.
As
of
December
31,
2000,
the
Company
operated
203
restaurants
in
22
states,
approximately
64%
of
which
were
located
in
California,
Ohio,
Pennsylvania,
Indiana
and
Michigan.
At
the
same
date,
the
Company
had
franchised
and
licensed
13
restaurants
outside
the
United
States.
The
Company's
Chi-Chi's
restaurants
serve
moderately
priced
Mexican
food,
and
a
wide
selection
of
alcoholic
and
non-alcoholic
beverages.
Koo
Koo
Roo
(KKR)
restaurants
are
in
the
emerging
restaurant
category
of
fast,
casual
restaurants
that
serve
meals
with
the
convenience
and
value
associated
with
quick
service,
but
the
freshness
and
variety
associated
with
casual,
full-service
dining
restaurants.
The
Hamburger
Hamlet
restaurants
are
full-service
casual
dining
restaurants
designed
to
provide
an
extensive
variety
of
distinctive
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Prandium,
Inc.
owns
and
operates
a
total
of
of
203
full
service
and
fast-casual
dining
restaurants
primarily
under
the
Chi-Chi's,
Casa
Gallardo,
Koo
Koo
Roo
and
Hamburger
Hamlet
concepts
(as
of
12/00).
For
the
26
weeks
ended
7/1/01,
sales
fell
44%
to
$150.5
million.
Net
loss
increased
92%
to
$26
million.
Results
reflect
the
sale
or
closure
of
certain
restaurants,
negative
operating
margins
due
to
reduced
revenues
and
$2.6
million
in
restructuring
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Kevin Relyea, 46 Chairman,
Pres, CEO and Acting Pres, Chi-Chi's, Inc. | $1.5M | Robert Trebing, Jr., 51 CFO,
Exec. VP | 322K | Gayle DeBrosse, 43 Exec.
VP and Pres of Koo Koo Roo Inc. | 269K | Michael Malanga, 47 Exec.
VP of Corp. Devel., Director | 240K | Todd Doyle, 39 Exec.
VP , Gen. Counsel and Sec. | 312K | Dollar amounts are as of 30-Dec-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
|
|