Coming together and weathering the economic storm as a family

Financials

Reinvesting in ourselves

The New Repurchasing Program: We are adding to the $30 million worth of stock bought by the Board of Directors. As of August 31st, we own another $40 million worth of shares.

Trimming the Fat

Since the economic recession of 2011, more families are eating at home. The entire industry is hurting. Many other companies have decided to expand and build new locations and renovate current ones. We decided against that by delaying improvements and the building of new locations we have saved $150 to 200 million within the system and $11,000 per location. We have cut our company debt by over $100 million over the last two years. We also saw fewer losses during 2012. We have seen an overall increase in sales system wide by 2.8%.

Uphill Side

In 2011, We saw a significant drop off in all financial categories. However, throughout 2012 and now, as we conclude 2013, we are making a resurgence. Our cash assets have increased by over $10 million and we have seen a 2% increase in franchise revenue. We have seen an overall increase in sales system wide by 2.8%.

Americas DriveIn

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