Industry News | June 1, 2000

Schlotzsky's Inc. Announces April Sales

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Schlotzsky's Inc. announced on May 24 sales trends of its franchise system for the four-week period of April 2000. These sales include all restaurants in the franchise system including both franchised restaurants and company-owned restaurants. Same store sales for the four-week period of April 2000 were a positive 2.5% over April 1999.

Average weekly sales were $11,709, a 7.2% increase over the same period in 1999. Systemwide sales for all restaurants in the Schlotzsky's franchise system (including both franchised restaurants and company-owned restaurants) for April 2000 were $34.2 million, a 6.8% increase over the same period in April 1999.

Systemwide sales for the trailing twelve months (May 1999-April 2000) were $414.4 million, a 12.5% increase over the same period a year ago (May 1998-April 1999).