| Business Summary | | Applebee's
International,
Inc.
develops,
franchises
and
operates
casual
dining
restaurants
under
the
name
"Applebee's
Neighborhood
Grill
&
Bar."
As
of
December
31,
2000,
there
were
1,286
Applebee's
restaurants.
Franchisees
operated
1,001
of
these
restaurants
and
285
restaurants
are
Company-operated.
The
restaurants
are
located
in
49
states
and
eight
international
countries.
During
2000,
125
new
restaurants
were
opened,
including
100
franchise
restaurants
and
25
Company
restaurants.
The
restaurants
feature
a
broad
selection
of
entrees,
including
beef,
chicken,
seafood
and
pasta
items
prepared
in
a
variety
of
cuisines,
as
well
as
appetizers,
salads,
sandwiches,
specialty
drinks
and
desserts.
Substantially
all
restaurants
offer
beer,
wine,
liquor
and
specialty
drinks.
In
conjunction
with
its
intensified
food
and
menu
strategy,
the
Company
introduced
a
new
core
menu
in
its
restaurants
in
October
2000. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Applebee's
International
develops,
franchises
and
operates
casual
dining
restaurants
in
49
states
and
eight
international
countries
under
the
Applebee's
Neighborhood
Grill
and
Bar
brand.
For
the
26
weeks
ended
7/01/01,
revenues
rose
10%
to
$368.3
million.
Net
income
rose
10%
to
$34.6
million.
Revenues
reflect
higher
same
store
sales
and
the
opening
of
new
restaurants.
Earnings
were
partially
offset
by
purchasing
supply
chain
and
assessment
projects
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Lloyd Hill, 57 Chairman,
Pres, CEO, Chief Operating Officer | $1.1M | $236K | Larry Cates, 52 Pres
of International Division | -- | -- | George Shadid, 47 Exec.
VP, CFO, Treasurer | 546K | -- | Steven Lumpkin, 46 Exec.
VP and CDO | 402K | -- | Louis Kaucic, 49 Sr.
VP of HR and CPO | 301K | -- | Dollar
amounts are as of 26-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|