Same-store sales

Teriyaki Madness Takes on 2023 With UnBOWLievable Growth, Including 30 Shops Under Construction and an Additional 40 Owners Working on Site Selection

Retrieved on: 
Monday, May 1, 2023
Flybuys, Partnership, Food, Friends, Culture, Same-store sales, Frank Haith, Same, Family, Retail, Online shopping, Tourism

DENVER, May 1, 2023 /PRNewswire-PRWeb/ -- Fifteen years ago, Teriyaki Madness, the fast-growing teriyaki concept in North America with almost 130 shops in the U.S., Canada and Mexico was just an up-and-comer, surprisingly thriving in the 2008 recession and making a name for itself with seven Teriyaki Shops in Las Vegas. Fast forward to 2023, and the brand has rocket-ship-type growth, thriving on the heels of a pandemic and continuing to grow despite rumored economic uncertainties. Kicking off this year, the concept's franchisees have 39 signed leases and are actively searching for another 45 for the year. Teriyaki Madness has signed seventeen additional franchise agreements throughout the United States. Next quarter, another 15 shops are set to open, bringing the concept's footprint to nearly 150 locations, with another 70 owners, many with multiple shops in progress, currently in various phases of site selection and construction.

Key Points: 
  • Teriyaki Madness has signed seventeen additional franchise agreements throughout the United States.
  • Next quarter, another 15 shops are set to open, bringing the concept's footprint to nearly 150 locations, with another 70 owners, many with multiple shops in progress, currently in various phases of site selection and construction.
  • Teriyaki Madness is currently piloting Flybuy integration in eight Colorado shops with plans to launch the program system-wide in mid-July.
  • As it works to foster new, faster guest offerings and enhanced franchisee connection, Teriyaki Madness is well on its way to having an unBOWLievable 2023.

Speedemissions, Inc. Announces Financial Results for Fourth Quarter and Fiscal Year 2022

Retrieved on: 
Tuesday, March 28, 2023
Advertising, Same-store sales, GAAP, Attitude, PPP, State Administrative Expenses, EBITDA, Acquisition, Administration, Depreciation, Environment, Cryptocurrency, Video game, Atlanta, St. Louis

“The 2022 year-end results show once again the progress the company has made over the past few years.

Key Points: 
  • “The 2022 year-end results show once again the progress the company has made over the past few years.
  • Financial Highlights for the Fourth Quarter Ended December 31, 2022 (Unaudited)
    Revenue increased by approximately $76,000 to $940,000 in the fourth quarter of 2022 compared to approximately $864,000 in the fourth quarter of 2021.
  • Store Operating Expenses increased by approximately $28,000 or 5.7% in the fourth quarter of 2022 compared to the fourth quarter of 2021, primarily due to an increase in store wages.
  • The Company’s Net Income was approximately $90,000, an increase of $26,000, as compared to the fourth quarter of 2021.

BurgerFi Reports Fourth Quarter and Fiscal Year 2022 Results

Retrieved on: 
Wednesday, March 22, 2023
Goodwill, Same-store sales, BurgerFi, COVID-19, GAAP, Chain, Corporate-owned life insurance, ITV Digital Channels, PPP, EBITDA, Acquisition, Investment, Restaurant, Anthony, Depreciation, Digital, Adjustment, Food delivery, Video game, Cryptocurrency, Fast food, Growth

FORT LAUDERDALE, Fla., March 22, 2023 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (Nasdaq: BFI, BFIIW) (“BurgerFi” or the “Company”), owner of one of the nation’s leading fast-casual “better burger” dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony’s Coal Fired Pizza & Wings (“Anthony’s”), today reported financial results for the fourth quarter and fiscal year ended January 2, 2023.

Key Points: 
  • Net loss in the fourth quarter was $26.2 million compared to a net loss of $117.3 million in the year-ago quarter.
  • Adjusted EBITDA in the fourth quarter of 2022 was $2.6 million in both the fourth quarter of 2021 and 2022.
  • During the fourth quarter 2022, there were two franchised BurgerFi openings, five franchised BurgerFi closures and one corporate-owned Anthony's closure.
  • Management is reiterating its outlook for the fiscal year 2023:
    The Company will hold a conference call today, March 22, 2023, at 8:30 a.m. Eastern time to discuss its fourth quarter and fiscal year 2022 results.

PREIT Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, March 22, 2023
Springfield Town Center, Partnership, Plymouth, Face, Moorestown Mall, Comparable, Internet, Financial result, Line of credit, Willow Grove Park, OP, Foot, Prince George's County, Maryland, Whole Foods Market, Prognosis, Primary Dealer Credit Facility, Sale, Pearl, Plymouth Meeting Mall, FFO, Burlington, Prince George, Fashion District Philadelphia, Webcast, NOI, PREIT, Valley View Mall, Same-store sales, Hawaii Children's Discovery Center, Three Months, Family, Conference, Bank, Cryptocurrency, Commercial property, Retail, Department store, MD, Mall, Cumberland Mall

PHILADELPHIA, March 22, 2023 /PRNewswire/ -- PREIT (OTC:PRET) today reported results for the three months and year ended December 31, 2022. A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is provided in the tables accompanying this release.

Key Points: 
  • For the rolling 12 month period ended December 31, 2022, core mall comparable sales grew to $596 per square foot, compared to $539 in 2019.
  • Average renewal spreads for the three months and year ended December 31, 2022 were -5.6% and 1.1%, respectively.
  • Since the beginning of 2022, the Company sold assets generating just over $141 million in gross proceeds.
  • Additional information regarding changes in operating results for the three months and year ended December 31, 2022 and 2021 is included on page 15.

Lands’ End Announces Fourth Quarter and Full Year Fiscal 2022 Results

Retrieved on: 
Thursday, March 16, 2023
Capital expenditure, International, End, E-commerce, Transport, Borrowing base, Inventory, EBITDA, Season, Third party, Growth, Same-store sales, Video game, Pharmaceutical industry, Recycling, Bookkeeping, Cryptocurrency, Beauty salon

DODGEVILLE, Wis., March 16, 2023 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the fourth quarter and full year of the fiscal year ended January 27, 2023 compared to the fourth quarter and full year of the fiscal year ended January 28, 2022.

Key Points: 
  • DODGEVILLE, Wis., March 16, 2023 (GLOBE NEWSWIRE) -- Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the fourth quarter and full year of the fiscal year ended January 27, 2023 compared to the fourth quarter and full year of the fiscal year ended January 28, 2022.
  • Retail net revenue was $15.4 million in the fourth quarter compared to $15.8 million in the fourth quarter of fiscal 2021.
  • The U.S. Company Operated Stores experienced a decrease of 3.9% in Same Store Sales as compared to the fourth quarter of fiscal 2021.
  • Gross margin decreased approximately 340 basis points to 32.5% as compared to 35.9% in the fourth quarter of fiscal 2021.

AvalonBay Communities, Inc. Provides First Quarter 2023 Operating Update and Publishes Investor Presentation

Retrieved on: 
Friday, March 3, 2023
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Same-store sales, Operation, Sale, Task Force for Business and Stability Operations, Property management, Lease, Retail

The Company has posted an updated Investor Presentation to its website.

Key Points: 
  • The Company has posted an updated Investor Presentation to its website.
  • The presentation can be found in the Investor Relations section of www.avalonbay.com .
  • Economic Occupancy is defined as total possible Residential revenue less vacancy loss as a percentage of total possible Residential revenue.
  • Total possible Residential revenue (also known as “gross potential”) is determined by valuing occupied units at contract rates and vacant units at Market Rents.

Invitation Homes Reports Fourth Quarter 2022 and Full Year 2022 Results

Retrieved on: 
Thursday, February 16, 2023
Construction & Property, Residential Building & Real Estate, Zombie company, Occupancy, Casualty loss, TTM, Acquisition, GAAP, Core, Sale, Policy, Growth, Same-store sales, Renting, Video game, Holding company

See "Same Store Operating Results Snapshot," footnote (1), for detail on the Company's bad debt policy.

Key Points: 
  • See "Same Store Operating Results Snapshot," footnote (1), for detail on the Company's bad debt policy.
  • This included 150 wholly owned homes for $58 million in addition to 16 homes for $6 million in the Company's joint ventures.
  • In FY 2022, the Company acquired 2,502 homes for $1,084 million, including 1,423 wholly owned homes for $601 million and 1,079 homes for $483 million in the Company's joint ventures.
  • The Company also sold 726 homes for $269 million, including 691 wholly owned homes for $253 million and 35 homes for $16 million in the Company's joint ventures.

BurgerFi Provides Fiscal Year 2022 Business Update

Retrieved on: 
Monday, January 9, 2023
Same, Public expenditure, Capital, PPP, EBITDA, BurgerFi, COVID-19, Income tax, Corporate-owned life insurance, Capital expenditure, Adjustment, Chain, Conference, Growth, Same-store sales, Restaurant, Sale, Depreciation, ICR, Acquisition, Fast food, Retail

The Company also has introduced its business outlook for fiscal year 2023.

Key Points: 
  • The Company also has introduced its business outlook for fiscal year 2023.
  • Ophir Sternberg, Executive Chairman of BurgerFi, stated, “2022 was a transformative year for the company representing the first full year of Anthony’s integrated into our system.
  • I believe that we have long runway of growth ahead for asset-light expansion of both brands.”
    Ian Baines, Chief Executive Officer of BurgerFi, added, “We are pleased to share these preliminary sales results for fiscal year 2022.
  • As of January 2, 2023, there were 174 total BurgerFi and Anthony’s restaurants of which 114 were BurgerFi (25 corporate-owned and 89 franchised) and 60 were corporate-owned Anthony’s.

Piedmont Office Realty Trust Reports Third Quarter 2022 Results

Retrieved on: 
Wednesday, November 2, 2022
Metaverse, Same-store sales, Security (finance), George French Angas, Annual report, Securities Exchange Act of 1934, LIBOR, Internal Revenue Code section 1031, S&P Global Ratings, Acquisition, Forward-looking statement, U.S. Securities and Exchange Commission, News, PDM, FFO, REIT, Terrorism, NYSE, Securities Act of 1933, Risk, COVID-19, Net income, Public expenditure, London Interbank Bid Rate, Travel, Public health, Core, Maintenance, Phrase, Sun Belt, BAA2, Investment, BBB, Company, Review, Investor relations, Real estate investment trust, Eastern, GAAP, Internal Revenue Code, Asset-backed security, Tenant, Insurance, Bank, Online shopping, Depreciation

Piedmont has scheduled a conference call and an audio web cast for Thursday, November 3, 2022 at 9:00 A.M. Eastern daylight time.

Key Points: 
  • Piedmont has scheduled a conference call and an audio web cast for Thursday, November 3, 2022 at 9:00 A.M. Eastern daylight time.
  • During the audio web cast and conference call, the Company's management team will review third quarter 2022 performance, discuss recent events, and conduct a question-and-answer period.
  • Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in the Sunbelt.
  • Such information is subject to certain known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated.

Speedemissions, Inc. Announces Financial Results for Third Quarter Ended September 30, 2022

Retrieved on: 
Monday, October 31, 2022
State Administrative Expenses, U.S. Securities and Exchange Commission, Safety, Annual report, PPP, Income, EBITDA, Accounting, Tax, GAAP, Administration, Same-store sales, Company, Advertising, Security (finance), GLOBE, Acquisition, News, Risk, G&A, Depreciation, Renewable energy, Video game, Animal, Life insurance, Bookkeeping, Atlanta

Financial Highlights for the Third Quarter Ended September 30, 2022 (Unaudited)

Key Points: 
  • Financial Highlights for the Third Quarter Ended September 30, 2022 (Unaudited)
    Revenue increased by approximately $97,000 to $998,000 in the third quarter of 2022 compared to revenue of approximately $901,000 in the third quarter of 2021.
  • Store Operating Expenses increased by approximately $50,000 or 10.9% in the third quarter of 2022, compared to the third quarter of 2021, again primarily due to an increase in store wages, and advertising.
  • Financial Summary for Year-to-Date Nine Month Period Ended September 30, 2022 (Unaudited)
    Revenue had a 14.7% increase or $367,000 to approximately $2,862,482 in the nine months ended September 30, 2022, compared to $2,495,746 in the same period of 2021.
  • An analysis of results for the period ended September 30, 2022, can be found on the Speedemissions, Inc. website at www.speedemissions.com .