APPB Reports May Comparable Sales
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Applebee's International, Inc. (Nasdaq: APPB) reported comparable sales for the four-week period ended May 22, 2005.
System-wide comparable sales increased 3.8 percent for the May period, and comparable sales for franchise restaurants increased 4.7 percent. Comparable sales for company restaurants increased 0.9 percent, reflecting a decrease in guest traffic of between zero and 0.5 percent, combined with a higher average check.
System-wide comparable sales increased 3.8 percent for the May period, and comparable sales for franchise restaurants increased 4.7 percent. Comparable sales for company restaurants increased 0.9 percent, reflecting a decrease in guest traffic of between zero and 0.5 percent, combined with a higher average check.
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