X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DENVER-Denver-based Vicorp Restaurants Inc., parent to the Village Inn and the Bakers Square restaurant chains, saw its net income fall almost 60% in its fourth quarter that ended Oct. 29.

Vicorp has reported net income of $3.54 million, or 52 cents per share, in comparison to $8.8 million, or 99 cents per diluted share, for the same period a year ago. However, its fourth-quarter revenue has increased 3% to $112.67 million, up from $109.4 million for the same period a year ago. Sales at restaurants that were open at least a year have increased 1.2% in the quarter and 1.8% for the year.

Vicorp operates and franchises about 371 mid-scale family restaurants. The company currently has two Bakers Square restaurants under construction in the Chicago market and plans to build two more units in the Midwest during 2001.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.