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Wednesday, November 09, 2011 12:19:26 PM
Diversified Restaurant Holdings, Inc., a Franchisor and Franchisee for Two Distinct Full-Service Restaurant Concepts, Announces Third Quarter Profitability and Large Increases in
11-9-11 OTC, PINK and common securities News.
Revenue, Cash, Operating Profit, and Total Current Assets
| 9:23 AM |
SOUTHFIELD, Mich., Nov. 9, 2011 (GLOBE NEWSWIRE) -- Diversified Restaurant Holdings, Inc. (OTCBB:DFRH) (the "Company," or "DRH"), both a franchisor of Bagger Dave's Legendary Burger Tavern(R) ("Bagger Dave's"), a full-service, ultra-casual restaurant and bar, and a leading franchisee of 22 Buffalo Wild Wings(R) ("BWW") restaurants, reports a third quarter revenue increase of $3.2 million or 27.7% to $14.6 million in 2011 from $11.4 million in 2010. The increase was primarily due to the opening of four new restaurants in 2011 (two Bagger Dave's restaurants and two BWW restaurants) and revenues generated by four restaurants (one Bagger Dave's restaurant and three BWW restaurants) that opened prior to 2011 but did not meet the criteria for same-store-sales criteria used by DRH.
Related News: Similar Content
http://www.globenewswire.com/newsroom/news.html?ref=rss&d=237781#rssowlmlink
11-9-11 OTC, PINK and common securities News.
11-9-11 OTC, PINK and common securities News.
Revenue, Cash, Operating Profit, and Total Current Assets
| 9:23 AM |
SOUTHFIELD, Mich., Nov. 9, 2011 (GLOBE NEWSWIRE) -- Diversified Restaurant Holdings, Inc. (OTCBB:DFRH) (the "Company," or "DRH"), both a franchisor of Bagger Dave's Legendary Burger Tavern(R) ("Bagger Dave's"), a full-service, ultra-casual restaurant and bar, and a leading franchisee of 22 Buffalo Wild Wings(R) ("BWW") restaurants, reports a third quarter revenue increase of $3.2 million or 27.7% to $14.6 million in 2011 from $11.4 million in 2010. The increase was primarily due to the opening of four new restaurants in 2011 (two Bagger Dave's restaurants and two BWW restaurants) and revenues generated by four restaurants (one Bagger Dave's restaurant and three BWW restaurants) that opened prior to 2011 but did not meet the criteria for same-store-sales criteria used by DRH.
Related News: Similar Content
http://www.globenewswire.com/newsroom/news.html?ref=rss&d=237781#rssowlmlink
11-9-11 OTC, PINK and common securities News.
My stuff http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64797507
Never, invest with money you need to survive. Diversify, patience, set tight stops. $20 or less in commission fees is almost always cheaper than a 5-40%+ drop in share value.
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