| | Business Summary | | Garden
Fresh
Restaurant
Corp.
operates
86
salad
buffet
restaurants
in
California,
Florida,
Arizona,
New
Mexico,
Utah,
Nevada,
Washington,
Georgia,
Texas,
North
Carolina,
Oregon,
Kansas,
Missouri
and
Colorado
under
the
names
Souplantation
and
Sweet
Tomatoes.
The
Company
also
operates
one
Ladles,
A
Soup
and
Salad
Takery
in
California.
The
Company's
restaurants
feature
fresh
salads
and
other
complementary
foods. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | LTUS
operates
71
salad
buffet
restaurants
in
CA,
FL,
AZ,
NM,
UT,
NV,
WA,
GA,
TX,
NC,
OR
and
CO
under
the
names
Souplantation
and
Sweet
Tomatoes.
For
the
six
months
ended
3/31/01,
net
sales
increased
24%
to
$94.7
million.
Net
income
before
accounting
change
decreased
26%
to
$2
million.
Revenues
reflect
the
opening
of
17
restaurants
and
higher
comparable
restaurant
sales.
Net
income
was
offset
by
a
higher
labor
expense
due
an
increase
in
the
minimum
wage
in
California. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
revenues
were
52,103;
after
tax
earnings
were
1,259. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Mack, 49
Chairman,
CEO and Pres | $344K | David Qualls, 55
Exec.
VP of Fin. and Real Estate, CFO and Sec. | 249K | R. Gregory Keller, 52
Sr.
VP of Operations | 212K | Kenneth Keane, 44
VP
- HR | 139K | | Dollar amounts are as of 30-Sep-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/l/ltus.gif)