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IMVESCOR RESTAURANT GROUP INC. T.IRG

"Imvescor Restaurant Group Inc is a franchise business that operates restaurants under the brand names of Pizza Delight, Toujours Mikes, Scores, Bâton Rouge and Ben and Florentine and licenses the right to manufacture and sell prepared food products."


TSX:IRG - Post by User

Post by lightning99on Jun 08, 2013 2:28pm
219 Views
Post# 21502623

Q2 is out

Q2 is out

the Q numbers are out.  they are OK nothing to write home about.  they are steadily being a more stable company, mainly because of the accelerated debt reduction, but financing charges are still a problem eps for the Q is almost .02 but adjusted eps is .04 not counting the non cash financing costs. .04C and almost .09 cents for the first half.  The Interest savings is great and manaement is doing good dealing with that and it sounds like the retail grocery store items are doing well too.  But is the same old song with the decline in same store sales:              

Q2 2013
13 weeks ended
April 28, 2013
Q2 2012
13 weeks ended
April 29, 2012
YTD 2013
26 weeks ended
April 28, 2013
YTD 2012
26 weeks ended
April 29, 2012
Pizza Delight -1.6% -2.0% -0.6% -2.2%
Mikes +0.6% +1.3% +1.1% +0.5%
Scores -4.1% +2.8% -3.3% +1.5%
Bâton Rouge -5.9% -1.7% -5.2% +0.2%
Total same store sales -3.0% +0.3% -2.2% +0.2%  
Bullboard Posts