Chain: Schlotzsky's

Schlotzsky’s Second Quarter Results

Schlotzsky’s, Inc. announced August 14 that the company has terminated its Turnkey restaurant development program, which had engaged in developing and financing restaurants on a speculative basis for sale to franchisees.

Schlotzsky’s Announces 1Q Results

Schlotzsky’s Inc. announced April 26 its financial results for the quarter ending March 31, 2000.

Total revenues for the first quarter of 2000 increased 28% over the same time period in 1999 to $13.1 million.

Schlotzsky’s Inc. Announces 1999 Results

Schlotzsky’s announces that it had adopted a new accounting policy, effective Jan. 1, 1999, for the financial reporting of revenue generated as non-refundable area developer fees.

Schlotzsky’s New Accounting Policy

Schlotzsky’s, Inc. announced today that the company is adopting a new accounting policy for the financial reporting of revenue received as non-refundable area developer fees.