MELVILLE, N.Y. -- Comparable-store sales at company-owned Sbarro Inc. restaurants declined 4.8 percent for the first quarter ended March 29, while comps at franchise locations were off 4.3 percent.
 
The decrease in comps reflects reduced mall traffic throughout the United States, Sbarro officials said.
 
International franchise comps were off 24.9 percent, of which half was attributable to the increase in the value of the U.S. dollar.
 
Revenues for the quarter were $79.6 million, off 4 percent compared with revenues of $83.2 million for the 2008 first quarter. The company recorded a net loss of $5.7 million compared with a net loss of $2.8 million for the same period last year.

Related Content

User Comments – Give us your opinion!
Products & Services

PeopleMatter HIRE™

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

4625/PeopleMatter-HIRE

Online Ordering

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

4285/Online-Ordering

PeopleMatter LEARN™

http://global.networldalliance.com/new/images/products/4627.png

4627/PeopleMatter-LEARN

POS health test: do a quick check

http://global.networldalliance.com/new/images/products/1288.png

1288/POS-health-test-do-a-quick-check

PCI Compliance Managed Network Services

http://global.networldalliance.com/new/images/products/4123.png

4123/PCI-Compliance-Managed-Network-Services

Put your menu in your customers' pocket

http://global.networldalliance.com/new/images/products/1293.png

1293/Put-your-menu-in-your-customers-pocket

Solutions

http://global.networldalliance.com/new/images/products/4551.png

4551/Solutions

Luzianne iced tea

http://global.networldalliance.com/new/images/products/6957.png

6957/Luzianne-iced-tea

HAND-PINCHED STYLE® Sausage and Beef Toppings

http://global.networldalliance.com/new/images/products/6785.png

6785/HAND-PINCHED-STYLE-Sausage-and-Beef-Toppings

MVR Reports

http://global.networldalliance.com/new/images/products/MVR_Report_iix.gif

1252/MVR-Reports

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.