Schlotzsky’s Inc. (Nasdaq:BUNZ) today announced
sales results for the four-week period of November 2000,
with systemwide sales for all restaurants reaching $31.8
million for the month, a Company sales record for November.
This represents a 1.3% increase over the same period in
1999.
Same store sales for November 2000 increased 0.4% over
the prior year’s sales. Average weekly sales for November
2000 were $11,052, a 4.0% increase over the same period
in 1999.
Company officials noted that sales increased despite two
dampening factors: unusually rainy weather and curtailed
television advertising during the latter part of 2000. The
Company opted to limit television advertising during the
Olympics and the 2000 presidential campaign due to the spike
in the costs of primetime spots that occurs around those
events.
"Despite the forces of November, our sales edged up. And
our preliminary analysis for December is quite positive,”
said John C. Wooley, president and chief executive officer.
Company officials expect same store sales for the five-week
period of December 2000 to reflect an increase in the range
of 2.5% to 3.3% over December 1999.
Sales numbers include both franchised restaurants and Company-owned
restaurants in the Schlotzsky’s® Deli system.
Schlotzsky’s Inc., founded in Austin, Texas, in 1971, is
a brand licensor and franchisor of quick-service deli restaurants
featuring sandwiches served on distinctive sourdough bread,
along with pizzas, salads, soups and deli items. As of Sept.
30, 2000, there were 722 Schlotzsky’s® Deli restaurants
open and operating in 38 states, the District of Columbia
and 11 foreign countries. Visit www.schlotzskys.com
for more information.
