The Journal Record, March 12th, 2002
EDMOND (JR) -- Eateries Inc. has reported a net loss of $677,000, or 23 cents per share, for 2001.
The Edmond-based chain of 74 restaurants had net income of $911,000, or 30 cents per share, for 2000.
Revenues for the year totaled $99.5 million, down 4.9 percent from $104.6 million a year earlier.
Earnings before interest, taxes, depreciation and amortization, or EBITDA, for 2001 totaled $4.1 million, or $1.40 per share, down 29 percent from $5.9 million, or $1.93 per share, for 2000.
EBITDA and net income were adversely impacted by the lingering effects of Sept. 11, a reduction in restaur...
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