Sbarro Inc. announced results of operations for the fourth quarter and the fiscal year ended Dec. 27, 2009. The company sustained a 4.6 percent decrease in company-owned comparable-unit sales for the quarter. Domestic franchise comparable-unit sales declined 6.2 percent. Without consideration for foreign currency fluctuations, international franchise comparable-unit sales declined 4.4 percent.
 
For the year, there was a 4.9 percent decrease in company-owned comparable-unit sales. Domestic franchise comparable-unit sales declined 5.6 percent. Without consideration for foreign
currency fluctuations, international franchise comparable-unit sales declined 7.8 percent. The decrease in company-owned and domestic franchise comparable-unit sales primarily reflects continued reduced mall traffic throughout the United States as a result of the current economic environment, according to a company statement.
 
Revenues were $94.0 million for the quarter ended Dec. 27, 2009, as compared to revenues of $98.7 million for the quarter ended Dec. 28, 2008, a decrease of 3 percent. Revenues were $339.3 million for the year ended Dec. 27, 2009, as compared to revenues of $359.2 million for the year ended Dec. 28, 2008, a decrease of 6 percent.
 
Net loss attributable to Sbarro in December 2009 was $499,000 vs. $82 million loss in December '08, an increase of 100 percent. For fiscal year ended Dec. 27, 2009, net loss was $37 million vs. $91 million loss for the fiscal year ended Dec. 27, 2008, an increase of 59 percent.

Related Content

User Comments – Give us your opinion!
Products & Services

Meatballs

http://global.networldalliance.com/new/images/products/6789.png

6789/Meatballs

Restaurant technology news, trends & best practices

http://global.networldalliance.com/new/images/products/5079.png

5079/Restaurant-technology-news-trends-best-practices

Business Performance Management

http://global.networldalliance.com/new/images/products/6413.png

6413/Business-Performance-Management

Call Center Ordering

http://global.networldalliance.com/new/images/products/5939.png

5939/Call-Center-Ordering

Restaurant Sales Builder

http://global.networldalliance.com/new/images/products/4286.png

4286/Restaurant-Sales-Builder

Online Ordering

http://global.networldalliance.com/new/images/products/4285.png

4285/Online-Ordering

Quad Core Menu Board Media Player - $199

http://global.networldalliance.com/new/images/products/6679.png

6679/Quad-Core-Menu-Board-Media-Player-199

Standard coffee

http://global.networldalliance.com/new/images/products/6963.png

6963/Standard-coffee

PeopleMatter HIREā„¢

http://global.networldalliance.com/new/images/products/4625.png

4625/PeopleMatter-HIRE

Advanced Wireless

http://global.networldalliance.com/new/images/products/6635.png

6635/Advanced-Wireless

Digital Menu Boards and ROI
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.