| | Business Summary | | Checkers
Drive-In
Restaurants,
Inc.
is
a
chain
of
double
drive-through
restaurants
in
the
United
States.
The
Company
is
a
combination
of
two
separate
quick-service
restaurant
chains,
Checkers
and
Rally's
Hamburgers,
which
were
merged
in
August
1999.
As
of
January
1,
2001,
there
were
427
Rally's
restaurants
operating
in
18
different
states,
and
427
Checkers
restaurants
operating
in
23
different
states,
as
well
as
the
District
of
Columbia,
Puerto
Rico
and
the
West
Bank
in
the
Middle
East.
Of
the
854
restaurant
locations,
195
are
owned
by
the
Company
and
659
are
owned
by
franchisees.
Three
of
the
owned
restaurants
are
owned
by
joint
venture
partnerships
in
which
the
Company
has
a
50%
to
75%
ownership
interest.
The
Company's
restaurants
primarily
serve
the
drive-through
and
take-out
segments
of
the
quick-service
restaurant
industry. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Checkers
Drive-In
Restaurants,
Inc.
principal
business
is
the
operation
and
franchising
of
Checkers
and
Rally's
quick-service
double
drive-thru
restaurants.
For
the
24
weeks
ended
6/18/01,
revenues
fell
27%
to
$72.5
million.
Net
income
before
extraordinary
item
increased
91%
to
$1.6
million.
Revenues
reflect
a
decrease
in
the
amount
of
Company-owned
restaurants.
Net
income
reflects
lower
restaurant
food,
paper,
and
labor
costs. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| William Foley II, 55
Chairman | -- | Daniel Dorsch, 46
Pres,
CEO, Director | $9.3K | Peter O'Hara, 44
Vice
Chairman | -- | David Koehler
CFO | -- | Steven Cohen, 48
Sr.
VP of HR | 134.9K | | Dollar amounts are as of 3-Jan-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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/c/chkr.gif)