TPI Enterprises, Inc
Article Abstract:
Perry and Lee Bass increased their TPI Enterprises Inc holdings to more than 1.4 million shares. The restaurateur reached a record high of 8 5/8, a 70% rise from its 52-week low, after it posted a $2.1 million earning increase for the nine months ended Sep 1992. The Bass family's optimism about the stock might have been prompted by a deal made with franchisor Shoney's Inc. TPI does not provide any dividend on the 18.1 million shares of which 52% is held by institutions.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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Luby's Cafeterias, Inc
Article Abstract:
Luby's Cafeterias Inc's (LUB) earnings for fiscal year 1991 ending in August advanced a marginal 0.8%. The 1st qtr net earning were down 15.6% to $6.6 million. Sales increased only 2% and the customer count was also down for the 1991 period. Undaunted by the figures, LUB will open two more units in its home city of San Antonio, TX. Eight other cafeterias are being constructed to expand it southern corridor market.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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Service, low prices spark Sonic boomlet
Article Abstract:
Sonic Corp, a drive-in fast-food restaurant experienced a surge in its net income and price of stock per share for FY 1990. The 232% increases in net income from $941,000 to $3.13 million, accompanied the surge in share price, from 19 to 49 cents. The growth in the company's earnings was attributed to better management of its service-oriented business and to employee-incentive programs.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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