| Business Summary | | ICH
Corporation
owns
and
operates
quick-service
restaurants
under
the
Arby's
name
through
wholly
owned
subsidiaries.
The
Company
conducts
its
restaurant
operations
principally
through
its
wholly
owned
subsidiary,
Sybra
Inc.
(Sybra).
As
of
December
31,
2000,
Sybra
operated
214
Arby's
restaurants
as
a
franchisee
of
Arby's,
Inc.
Of
these,
186
restaurants
are
freestanding
units,
with
the
remaining
28
restaurants
located
in
shopping
malls
or
as
part
of
food
courts
within
malls.
Each
of
Sybra's
Arby's
restaurants
offers
a
diverse
menu
of
food
items
including
roast
beef,
chicken,
turkey
and
ham
sandwiches.
Arby's
restaurants
are
generally
known
for
their
roast
beef
sandwiches,
which
are
made
from
thinly
sliced
beef
that
is
freshly
roasted
at
each
restaurant.
The
Arby's
menu
also
typically
includes
potato
products,
salads
and
soft
drinks. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ICH
Corporation
owns
and
operates
quick
service
restaurants
under
the
Arby's
name
through
wholly
owned
subsidiaries.
As
of
12/31/00,
the
Company
operated
214
Arby's
restaurants.
For
the
three
months
ended
3/31/01,
total
revenues
rose
9%
to
$41.6
million.
Net
loss
from
continuing
operations
totaled
$957
thousand
vs.
an
income
of
$548
thousand.
Results
reflect
new
store
openings
and
store
acquisitions,
offset
by
lower
margins
due
to
lower
same
store
sales
and
higher
food
costs. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
50,174;
after
tax
earnings
were
-235. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Bicks, 41 Co-Chairman,
Co-CEO, Sec. | $399K | Robert Drechsler, 37 Co-Chairman,
Co-CEO | 394K | Glen Freter, 38 Sr.
VP, CFO | 253K | F. Edward Chappell, 56 Sr.
VP of Bus. Devel. of Sybra, Inc. | 269K | David Fitnich, 45 COO
of Sybra, Inc. and Lyon's of California, Inc. | 234K | Dollar
amounts are as of 31-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
|
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