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New World Restaurant Group Press Release
| New World Restaurant Group financial results < North America > February 25th, 2006 New World Restaurant Group, Inc. (OTC: NWRG - News) today announced improved financial results for its 2005 fourth quarter and fiscal year ended January 3, 2006.
ADVERTISEMENT 2005 RESULTS Revenue in 2005, which included one additional week of sales compared with 2004, increased 4.1% to $389.1 million versus $373.9 million in 2004. Retail comparable store sales increased 5.2% for the year as a result of a 5.4% increase in average check partially offset by a 0.2% decrease in transactions. The Company achieved 12 consecutive months of comparable store sales growth in 2005. When calculated on a comparative 53-week basis for both fiscal 2005 and 2004, company-operated retail sales increased 2.4%. About New World Restaurant Group, Inc. New World is a leading company in the quick casual restaurant industry that operates locations primarily under the Einstein Bros. and Noah's New York Bagels brands and primarily franchises locations under the Manhattan Bagel brand. As of January 3, 2006, the Company's retail system consisted of 626 locations, including 435 company-owned locations, as well as 121 franchised and 70 licensed locations in 34 states, and the District of Columbia. The Company also operates a dough production facility. The Company's stock is traded under the symbol NWRG.PK. Visit www.newworldrestaurantgroup.com for additional information. http://biz.yahoo.com/prnews/060223/lath047.htm ... |
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