APPB Reports February Comparable Sales
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Applebee's International, Inc. (Nasdaq: APPB) reported comparable sales for the four-week period ended February 20, 2005.
System-wide comparable sales increased 5.2 percent for the February period, and comparable sales for franchise restaurants increased 6.2 percent. Comparable sales for company restaurants increased 2.3 percent, reflecting an increase in guest traffic of approximately 0.5 to 1.0 percent, combined with a higher average check.
System-wide comparable sales increased 5.2 percent for the February period, and comparable sales for franchise restaurants increased 6.2 percent. Comparable sales for company restaurants increased 2.3 percent, reflecting an increase in guest traffic of approximately 0.5 to 1.0 percent, combined with a higher average check.
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