Jack in the Box springs plan for rollout of JBX concept: seeks to put new fast-casual format on map by converting up to 300 of flagship QSR brand’s units
Amy Garber
SAN DIEGO — Preparing to take its fledgling fast-casual concept JBX on the road, Jack in the Box is gearing up to convert 10 percent to 15 percent of its nearly 2,000-unit flagship burger chain to the more upscale format over the next five years.
The restaurant company, which also owns the Qdoba Mexican Grill fast-casual chain and is looking to establish a national presence with multiple brands, said it would expand JBX by the end of the year to Boise, Idaho, and Bakersfield, Calif., with the conversion of about seven corporate-owned Jack in the Boxes.
Plans also call for two new JBX restaurants to be built early next year, followed by the introduction of the new concept to Dallas -which would be JBX’s fourth market–by October 2005.
Jack in the Box, which debuted JBX in March at two locations near its San Diego headquarters, said the fast-casual format “is still in the early stages of testing.” In addition to such upscale fare as greek salads and burgers with applewood-smoked bacon and hand-sliced avocado on ciabatta rolls, JBX features contemporary decor elements ranging from Jack-theme modern artwork, red-leather armchairs, a double-hearth fireplace and brushed-metal surfaces Other distinguishing touches at JBX are the swirl of whipped cream and a cherry atop its ice-cream milk shakes.
In weighing a potential rollout the company will “carefully evaluate the JBX operations to determine the most prudent course for continued expansion, including the possible addition of end-cap prototypes, in addition to traditional drive-thru facilities,” it said.
Jack in the Box, while forecasting higher corporate earnings and disclosing a $35 million share repurchase plan, added that it intends to experiment in the months ahead with a remodeling program that involves both interior and exterior upgrades at its namesake burger restaurants. The renovations are expected to cost about $100,000 per unit.
Over the next 12 months, the company said, 50 corporate JITB units are expected to receive design makeovers, which are part of the company’s three- to five-year “brand reinvention” aimed at improving everything from the menu to customer service. The burger chain is looking to reimage about 200 units annually, starting as early as October 2005, officials indicated.
In addition, Jack in the Box is expected to launch a new premium product next month at all of its 1,987 U.S. units. Officials declined to provide details, but said the introduction of several upscale items earlier this year have reduced Jack in the Box’s reliance on discounting.
During a Sept. 15 conference call regarding strategic plans, Robert Nugent, Jack in the Box’s chairman and chief executive, described the flagship chain as “an underpenetrated brand with a presence in just 17 states.” However, the company is looking to extend its reach and broaden its consumer appeal through a variety of growth vehicles, including JBX and its 150-unit, Denver-based Qdoba Mexican Grill chain.
Jack in the Box also is preparing to expand its proprietary Quick Stuff convenience store and fuel station concept. The C-stores are built adjacent to a full-size, traditional Jack in the Box unit. Thirty sites are expected to be in operation by next month, the company said.
Nugent told investors that the decision to add more JBX units was based on extensive consumer research and findings from the two initial locations. Those units feature upscale burgers and sand wiches from about $2.95 to $5.95 as well as the highly successful Pannido sandwich line introduced earlier this year by the Jack in the Box chain. At least initially JBX has borrowed a few other items from Jack in the Box, including several entree salads and the chain’s signature ice-cream-based milk shakes, though JBX adds the whipped cream and cherry.
The sharing process has worked in reverse as well. In July Jack in the Box launched “Natural Cut Fries” after they debuted in March at JBX. Each of the San Diego JBX locations features a fireplace, but officials declined to comment on architectural elements of future units.
The chain operator said in a statement that it would explore “opportunities to franchise the JBX concept. Within five years, the company expects to increase the percentage of franchised Jack in the Box and JBX units to approximately 35 percent of its systemwide total from about 22 percent today.”
Jack in the Box also remains focused on reinvigorating its namesake burger brand with a more comprehensive program for evaluating customer service as well as by implementing computer-based employee training. In addition, Jack in the Box recently started accepting credit-card payments at most of its restaurants.
Menu innovation–including Jack in the Box’s introduction this year of the Pannido deli-sandwich line and last year’s launch of entree salads–helped drive four straight quarters of same-store sales growth, according to officials. The company said other premium products created at its months-old, 70,000-square-foot Innovation Center are in various stages of development. Comparable-restaurant sales for fiscal 2005–which begins Oct. 4–are expected to rise 2.5 percent to 3 percent, versus fiscal 2004 growth of 4 to 4.5 percent, according to Jack in the Box.
Jack in the Box forecast that earnings per share for the first quarter of fiscal 2005, ending next Jan. 23, would reach 69 cents, compared with 43 cents in the year-earlier quarter. Earnings per share for the full year are expected to be $2.43, compared with the projected $2.03 a share for fiscal 2004 ending Oct. 3. Jack in the Box earned $1.99 a share in fiscal 2003.
The company’s forecast includes a 15-cent-per-share charge taken in the most recent first quarter for the refinancing of a corporate credit facility. Jack in the Box also reaffirmed its 49-cent-per-share forecast for the fourth quarter ending Oct. 3, which would be a 4-cent increase from the 45 cents a share earned in the year-ago quarter. In addition, the board of directors authorized the $35 million share repurchase plan effective through the 2005 fiscal year, the company said.
For fiscal 2005 the company said it plans to open 45 to 50 new Jack in the Box and JBX restaurants, including franchised units; 10 to 12 new Quick Stuff sites; and about 75 new company and franchised Qdoba restaurants.
FOR WEEK ENDED
9/17/2004
TICKER
EXCH COMPANY SYMBOL HIGH LOW CLOSE
Rest.–NRN Stock Index
NAS AFC Enterprises Inc. AFCE 19.30 18.00 19.17
NAS Applebee’s Int’l Inc. APPB 25.53 24.71 24.72
NAS Ark Restaurants Corp. ARKR 24.94 24.12 24.90
NAS Back Yard Burgers Inc. BYBI 5.70 5.50 5.50
NAS Benihana Inc. BNHN 13.18 12.30 12.30
NAS BJ Restaurants Inc. BJRI 15.80 14.90 15.21
NAS Bob Evans Farms Inc. BORE 27.75 26.40 27.15
NYS Brinker International Inc. EAT 31.18 29.91 30.99
NAS Buca Inc. BUCA 5.35 4.30 4.49
NAS Buffalo Wild Wings Inc. BWLD 27.50 26.45 26.51
NAS California Pizza Kitchen Inc. CPKI 20.54 19.43 20.34
NAS CBRL Group Inc. CBRL 36.54 34.81 35.89
NYS CEC Entertainment Inc. CEC 36.37 35.65 35.70
NAS Champps Entertainment Inc. CMPP 8.96 8.46 8.87
NAS Checkers Drive-In Rest. CHKR 12.10 10.43 11.73
NAS Cheesecake Factory Inc. CAKE 42.40 40.85 41.94
NYS CKE Restaurants Inc. CKR 11.95 10.49 10.82
NAS Cosi Inc. COSI 5.28 4.92 5.16
NAS Creative Host Services Inc. CHST 3.39 3.39 3.39
NYS Darden Restaurants Inc. DRI 21.31 20.88 21.04
NYS Dave & Buster’s Inc. DAB 18.84 17.53 17.70
OTC Denny’s Corp. DNYY 2.92 2.68 2.90
NAS Diedrich Coffee Inc. DDRX 5.00 4.80 4.92
NAS Elmer’s Restaurants Inc. ELMS 7.44 7.43 7.44
NAS Famous Dave’s of America DAVE 7.05 6.75 6.91
ASE Flanigan’s Ents. Inc. BDL 6.25 6.21 6.21
OTC Fresh Choice Inc. SALDQ 0.55 0.47 0.50
ASE Friendly Ice Cream Corp. FRN 11.45 10.70 10.70
ASE Frisch’s Restaurants Inc. FRS 25.70 24.65 25.65
NAS Good Times Rest. Inc. GTIM 3.45 3.05 3.16
NAS Granite City Food GCFB 4.45 4.02 4.25
NAS Grill Concepts Inc. GRILE 2.05 1.89 1.89
NAS Host America Corp. CAFE 5.40 5.10 5.20
NYS IHOP Corp. IHP 37.21 36.63 36.76
ASE J. Alexander’s Corp. JAX 6.83 6.60 6.70
NYS Jack in the Box Inc. JBX 29.65 28.46 29.60
NYS Krispy Kreme Doughnuts KKD 12.37 11.50 12.21
NYS Landry’s Restaurants Inc. LNY 27.68 26.91 27.20
NAS Lone Star Steakhouse STAR 26.25 24.77 26.09
NYS Luby’s Inc. LUB 6.68 6.05 6.27
NAS Main Street & Main Inc. MAIN 1.72 1.56 1.66
NAS Max & Erma’s Rest. Inc. MAXE 16.00 14.55 14.70
NAS McCormick & Schmick’s MSSR 13.26 12.36 12.50
NYS McDonald’s Corp. MCD 27.78 26.89 27.67
ASE Meritage Hospitality Group MHG 5.00 4.95 4.96
NAS Mexican Restaurants Inc. CASA 9.00 8.27 8.94
OTC Morgan’s Foods Inc. MRFD 0.80 0.60 0.60
NAS Nathan’s Famous Inc. NATH 6.30 5.85 6.16
NAS O’Charley’s Inc. CHUX 16.79 16.22 16.50
NYS Outback Steakhouse Inc. OSI 40.82 40.10 40.61
NAS P.F. Chang’s China Bistro PFCB 45.65 43.49 44.94
NAS Panera Bread Co. PNRA 38.76 36.73 37.70
NAS Papa John’s Int’l. Inc. PZZA 30.80 29.29 29.85
NAS Peet’s Coffee & Tea Inc. PEET 23.00 21.90 22.50
NAS Pizza Inn Inc. PZZI 3.15 2.94 3.05
NAS Quality Dining Inc. ODIN 3.64 2.77 3.09
NAS Rare Hospitality Int’l. Inc. RARE 28.96 28.00 28.05
NAS Red Robin Gourmet RRGB 37.82 35.75 37.76
NAS Rubio’s Restaurants Inc. BUBO 9.38 8.76 9.09
NYS Ruby Tuesday Inc. RI 27.61 26.89 27.25
NAS Ryan’s Restaurant Group RYAN 15.24 14.25 14.58
OTC Schlotzsky’s Inc. BUNZO 0.31 0.28 0.31
NAS Smith & Wollensky Rest. SWRG 6.00 5.43 5.56
NAS Sonic Corp. SONC 24.41 23.17 24.36
NAS Star Buffet Inc. STRZ 6.41 6.05 6.25
NAS Starbucks Corp. SBUX 46.29 44.63 46.05
NYS Steak n Shake Co. SNS 18.24 17.85 18.07
NAS Total Ent. Rest. Corp. TENT 8.99 8.56 8.70
NYS Triarc Companies Inc. TRY 11.65 11.07 11.47
NYS Wendy’s International Inc. WEN 36.70 35.80 35.85
NYS Worldwide Rest. Concepts SZ 3.20 3.01 3.17
NYS YUM! Brands Inc. YUM 41.00 40.23 40.67
Hotels, Motels & Casinos
NAS Arlington Hospitality Inc. HOST 3.45 2.61 2.99
NYS Hilton Hotels HLT 18.85 18.05 18.76
NYS Host Marriott Corp. HMT 13.80 13.45 13.65
NYS Marriott International MAR 49.86 48.15 49.74
NYS Prime Motor Inns PDQ 12.18 12.12 12.16
NAS Sonesta Int’l SNSTA 6.06 5.75 6.02
Other Cos–Food Serv Oper
NYS Allied Domecq PLC AED 34.35 32.89 33.75
NAS Elxsi Corp. ELXS 3.20 2.70 3.20
NAS Monterey Pasta Co. PSTA 3.48 3.00 3.44
NAS ShoLodge LODG 4.93 4.65 4.74
NYS Unilever NV UN 61.96 60.26 60.94
NYS Walt Disney Co. CIS 23.65 22.93 23.42
Manuf and Distrib
NYS American Express Co. AXP 51.74 50.76 51.40
NYS American Italian Pasta Co. PL9 27.88 26.44 27.11
NYS Angelica AGL 25.70 24.02 25.60
NYS Anheuser Busch BUD 51.51 50.35 51.30
NAS Bridgford Foods GRID 8.65 7.90 8.64
NYS Cadbury Schweppes CSG 32.79 31.29 31.70
NYS Campbell Soup CPB 27.01 25.50 26.94
NYS Clorox Co. CLX 54.93 52.97 54.68
NYS Coca Cola Co. KO 43.19 39.95 40.30
NYS Colgate Palmolive CL 55.07 53.90 54.33
NYS ConAgra CAG 27.30 26.57 26.94
NYS Constellation STZ 37.86 36.25 36.25
NYS Coors, Adolph RKY 69.32 67.80 69.24
NYS Corning Glass GLW 11.44 10.90 11.27
NYS Dean Foods OF 32.03 30.13 31.95
NYS Ecolab Inc. ECL 31.54 30.29 31.29
NYS General Mills GIS 47.50 46.50 47.23
NYS Grace, W.R. GRA 9.85 8.50 8.71
NYS Heinz, HJ HNZ 37.61 37.02 37.42
NYS Hershey Foods HSY 48.48 47.17 48.18
NYS Hormel, George HRL 28.05 27.02 27.02
ASE iDine IRN 7.21 6.70 6.83
NYS Ikon Office Products IKN 12.22 11.87 11.96
NYS Int’l Multifood IMC 24.17 24.17 24.17
NAS J & J Snack Foods Corp. JJSF 44.46 42.27 42.60
NYS Kellogg K 43.08 41.58 42.71
NYS Libbey LBY 19.42 18.66 18.73
NYS Manitowoc MTW 35.36 34.00 35.07
NYS McCormick MKC 35.08 34.36 35.08
NAS Micros Systems Inc. MCRS 52.00 49.84 50.92
ASE NTN Communications NTN 2.19 1.90 1.94
OTC Oneida Ltd. ONEI 1.53 1.14 1.48
NYS PepsiCo Inc. PEP 51.07 48.80 49.70
NAS Performance Food Group PFGC 24.91 22.41 24.40
NYS Philip Morris MO 49.35 48.20 48.48
NYS Pilgrim’s Pride PPC 27.92 26.88 27.39
NYS Procter & Gamble PG 56.95 55.68 56.26
NYS Sara Lee SLE 22.98 22.30 22.87
NYS Sesient Technologies Corp. SXT 21.89 21.30 21.65
NYS Smucker, J.M. SJM 46.50 45.74 45.78
NYS Sysco SYY 32.81 31.05 31.32
NYS Tyson Food Inc. TSN 16.84 16.31 16.64
NYS U.S. Restaurant Properties USV 16.99 16.20 16.80
NET PERCENT
CHANGE CHANGE
IN IN P/E
EXCH COMPANY WEEK WEEK RATIO
Rest.–NRN Stock Index
NAS AFC Enterprises Inc. 0.74 4.02 0
NAS Applebee’s Int’l Inc. -0.55 -2.18 22
NAS Ark Restaurants Corp. -0.06 -0.24 21
NAS Back Yard Burgers Inc. -0.15 -2.65 20
NAS Benihana Inc. -0.60 -4.64 12
NAS BJ Restaurants Inc. 0.28 1.88 59
NAS Bob Evans Farms Inc. 0.55 2.07 13
NYS Brinker International Inc. 0.88 2.92 24
NAS Buca Inc. 0.04 0.90 -5
NAS Buffalo Wild Wings Inc. 0.01 0.04 34
NAS California Pizza Kitchen Inc. 0.28 1.40 50
NAS CBRL Group Inc. 0.43 1.21 15
NYS CEC Entertainment Inc. -0.39 -1.08 19
NAS Champps Entertainment Inc. 0.30 3.50 6
NAS Checkers Drive-In Rest. 1.45 14.11 17
NAS Cheesecake Factory Inc. 0.68 1.65 35
NYS CKE Restaurants Inc. -1.56 -12.60 -21
NAS Cosi Inc. 0.03 0.58 -5
NAS Creative Host Services Inc. 0.00 0.00 0
NYS Darden Restaurants Inc. 0.04 0.19 15
NYS Dave & Buster’s Inc. -1.01 -5.40 22
OTC Denny’s Corp. 0.07 2.47 -4
NAS Diedrich Coffee Inc. -0.03 -0.61 -17
NAS Elmer’s Restaurants Inc. 0.01 0.13 12
NAS Famous Dave’s of America -0.09 -1.29 -58
ASE Flanigan’s Ents. Inc. -0.14 -2.20 27
OTC Fresh Choice Inc. -0.05 -9.09 -3
ASE Friendly Ice Cream Corp. -0.51 -4.55 12
ASE Frisch’s Restaurants Inc. 1.05 4.27 12
NAS Good Times Rest. Inc. 0.02 0.61 -79
NAS Granite City Food 0.01 0.24 -7
NAS Grill Concepts Inc. 0.00 0.00 95
NAS Host America Corp. 0.00 0.00 -3
NYS IHOP Corp. -0.09 -0.24 19
ASE J. Alexander’s Corp. 0.00 0.00 11
NYS Jack in the Box Inc. 0.68 2.35 15
NYS Krispy Kreme Doughnuts 0.23 1.92 38
NYS Landry’s Restaurants Inc. -0.27 -0.98 16
NAS Lone Star Steakhouse 0.98 3.90 28
NYS Luby’s Inc. -0.16 -2.49 -36
NAS Main Street & Main Inc. 0.08 5.06 -13
NAS Max & Erma’s Rest. Inc. -0.35 -2.33 29
NAS McCormick & Schmick’s -0.45 -3.47 -29
NYS McDonald’s Corp. 0.62 2.29 21
ASE Meritage Hospitality Group -0.03 -0.60 496
NAS Mexican Restaurants Inc. 0.42 4.93 -30
OTC Morgan’s Foods Inc. -0.26 -30.23 0
NAS Nathan’s Famous Inc. 0.16 2.67 17
NAS O’Charley’s Inc. 0.00 0.00 19
NYS Outback Steakhouse Inc. 0.48 1.20 18
NAS P.F. Chang’s China Bistro 0.88 2.00 65
NAS Panera Bread Co. 0.45 1.21 35
NAS Papa John’s Int’l. Inc. 0.25 0.84 17
NAS Peet’s Coffee & Tea Inc. -0.49 -2.13 54
NAS Pizza Inn Inc. -0.08 -2.56 14
NAS Quality Dining Inc. 0.28 9.96 24
NAS Rare Hospitality Int’l. Inc. -0.12 -0.43 22
NAS Red Robin Gourmet 1.69 4.69 34
NAS Rubio’s Restaurants Inc. 0.35 4.00 -57
NYS Ruby Tuesday Inc. 0.20 0.74 17
NAS Ryan’s Restaurant Group -0.14 -0.95 12
OTC Schlotzsky’s Inc. 0.02 5.08 0
NAS Smith & Wollensky Rest. -0.23 -3.97 -40
NAS Sonic Corp. 1.13 4.86 26
NAS Star Buffet Inc. -0.16 -2.50 22
NAS Starbucks Corp. 1.19 2.65 58
NYS Steak n Shake Co. -0.03 -0.17 21
NAS Total Ent. Rest. Corp. 0.05 0.58 17
NYS Triarc Companies Inc. 0.15 1.33 -29
NYS Wendy’s International Inc. -0.43 -1.19 17
NYS Worldwide Rest. Concepts 0.01 0.32 23
NYS YUM! Brands Inc. -0.24 -0.59 26
Hotels, Motels & Casinos
NAS Arlington Hospitality Inc. -0.15 -4.78 -3
NYS Hilton Hotels 0.67 3.70 38
NYS Host Marriott Corp. -0.10 -0.73 -683
NYS Marriott International 1.44 2.98 33
NYS Prime Motor Inns 0.03 0.25 -26
NAS Sonesta Int’l 0.23 3.97 -3
Other Cos–Food Serv Oper
NYS Allied Domecq PLC -0.35 -1.03 11
NAS Elxsi Corp. 0.49 18.04 -8
NAS Monterey Pasta Co. 0.33 10.61 -115
NAS ShoLodge 0.09 1.94 -18
NYS Unilever NV -0.64 -1.04 25
NYS Walt Disney Co. 0.26 1.12 24
Manuf and Distrib
NYS American Express Co. 0.07 0.14 22
NYS American Italian Pasta Co. 0.66 2.50 12
NYS Angelica 1.41 5.83 33
NYS Anheuser Busch 0.13 0.25 20
NAS Bridgford Foods 0.22 2.61 -665
NYS Cadbury Schweppes -0.81 -2.49 19
NYS Campbell Soup 0.74 2.82 17
NYS Clorox Co. 1.35 2.53 23
NYS Coca Cola Co. -2.66 -6.19 21
NYS Colgate Palmolive -0.07 -0.13 22
NYS ConAgra 0.00 0.00 17
NYS Constellation -1.32 -3.51 18
NYS Coors, Adolph 0.36 0.52 14
NYS Corning Glass 0.15 1.35 -6
NYS Dean Foods 1.02 3.30 14
NYS Ecolab Inc. 0.62 2.02 29
NYS General Mills 0.58 1.24 18
NYS Grace, W.R. -0.39 -4.29 -16
NYS Heinz, HJ 0.11 0.29 16
NYS Hershey Foods 0.23 0.48 27
NYS Hormel, George -0.87 -3.12 18
ASE iDine -0.30 -4.21 11
NYS Ikon Office Products -0.07 -0.58 18
NYS Int’l Multifood 0.00 0.00 0
NAS J & J Snack Foods Corp. -1.37 -3.12 18
NYS Kellogg 0.59 1.40 21
NYS Libbey -0.44 -2.30 9
NYS Manitowoc -0.01 -0.03 110
NYS McCormick 0.68 1.98 23
NAS Micros Systems Inc. 0.79 1.58 32
ASE NTN Communications -0.12 -5.83 -24
OTC Oneida Ltd. 0.29 24.37 -1
NYS PepsiCo Inc. -0.63 -1.25 30
NAS Performance Food Group 2.00 8.93 18
NYS Philip Morris -1.47 -2.94 11
NYS Pilgrim’s Pride 0.02 0.07 16
NYS Procter & Gamble 0.08 0.14 26
NYS Sara Lee 0.42 1.87 15
NYS Sesient Technologies Corp. 0.10 0.46 13
NYS Smucker, J.M. -0.08 -0.17 21
NYS Sysco -1.38 -4.22 24
NYS Tyson Food Inc. -0.14 -0.83 15
NYS U.S. Restaurant Properties 0.14 0.84 23
EARNINGS/
SHARE 52-WEEK
LAST
EXCH COMPANY 12 MOS. HIGH LOW
Rest.–NRN Stock Index
NAS AFC Enterprises Inc. 0.00 24.50 15.50
NAS Applebee’s Int’l Inc. 1.15 28.55 20.53
NAS Ark Restaurants Corp. 1.18 25.73 10.15
NAS Back Yard Burgers Inc. 0.27 9.28 4.86
NAS Benihana Inc. 1.01 18.25 10.95
NAS BJ Restaurants Inc. 0.26 16.38 11.40
NAS Bob Evans Farms Inc. 2.04 34.37 22.56
NYS Brinker International Inc. 1.31 39.80 28.29
NAS Buca Inc. -0.87 7.78 4.30
NAS Buffalo Wild Wings Inc. 0.77 34.82 20.60
NAS California Pizza Kitchen Inc. 0.41 22.05 16.78
NAS CBRL Group Inc. 2.35 42.07 30.00
NYS CEC Entertainment Inc. 1.90 58.19 28.93
NAS Champps Entertainment Inc. 1.38 9.98 5.80
NAS Checkers Drive-In Rest. 0.71 12.25 8.62
NAS Cheesecake Factory Inc. 1.20 49.12 35.25
NYS CKE Restaurants Inc. -0.52 14.54 5.75
NAS Cosi Inc. -1.10 7.40 1.70
NAS Creative Host Services Inc. 0.00 3.48 2.02
NYS Darden Restaurants Inc. 1.39 25.60 18.25
NYS Dave & Buster’s Inc. 0.81 19.59 10.28
OTC Denny’s Corp. -0.75 3.07 0.29
NAS Diedrich Coffee Inc. -0.30 5.88 3.17
NAS Elmer’s Restaurants Inc. 0.61 7.75 5.92
NAS Famous Dave’s of America -0.12 9.10 4.26
ASE Flanigan’s Ents. Inc. 0.23 6.90 6.00
OTC Fresh Choice Inc. -0.15 0.90 0.31
ASE Friendly Ice Cream Corp. 0.86 19.30 7.60
ASE Frisch’s Restaurants Inc. 2.16 32.24 23.00
NAS Good Times Rest. Inc. -0.04 4.00 2.62
NAS Granite City Food -0.64 6.45 2.19
NAS Grill Concepts Inc. 0.02 3.65 1.55
NAS Host America Corp. -1.52 9.00 3.90
NYS IHOP Corp. 1.93 39.32 32.05
ASE J. Alexander’s Corp. 0.62 9.20 4.85
NYS Jack in the Box Inc. 1.95 31.97 17.06
NYS Krispy Kreme Doughnuts 0.32 44.54 1148
NYS Landry’s Restaurants Inc. 1.74 33.74 20.45
NAS Lone Star Steakhouse 0.94 33.03 20.35
NYS Luby’s Inc. -0.17 7.00 2.32
NAS Main Street & Main Inc. -0.13 4.45 1.43
NAS Max & Erma’s Rest. Inc. 0.51 19.00 14.10
NAS McCormick & Schmick’s -0.42 13.30 9.60
NYS McDonald’s Corp. 1.30 29.98 22.92
ASE Meritage Hospitality Group 0.01 5.29 4.08
NAS Mexican Restaurants Inc. -0.30 9.00 3.31
OTC Morgan’s Foods Inc. 0.00 2.50 0.60
NAS Nathan’s Famous Inc. 0.36 6.35 4.20
NAS O’Charley’s Inc. 0.88 20.89 13.66
NYS Outback Steakhouse Inc. 2.28 50.55 36.38
NAS P.F. Chang’s China Bistro 0.69 54.59 38.99
NAS Panera Bread Co. 1.07 47.31 32.35
NAS Papa John’s Int’l. Inc. 1.72 37.00 23.70
NAS Peet’s Coffee & Tea Inc. 0.42 25.80 15.41
NAS Pizza Inn Inc. 0.22 3.95 2.39
NAS Quality Dining Inc. 0.13 3.64 2.15
NAS Rare Hospitality Int’l. Inc. 1.29 29.46 21.68
NAS Red Robin Gourmet 1.11 37.82 24.27
NAS Rubio’s Restaurants Inc. -0.16 9.88 4.81
NYS Ruby Tuesday Inc. 1.57 33.00 23.85
NAS Ryan’s Restaurant Group 1.21 18.82 12.57
OTC Schlotzsky’s Inc. 0.00 3.65 0.11
NAS Smith & Wollensky Rest. -0.14 8.40 5.28
NAS Sonic Corp. 0.92 25.18 16.22
NAS Star Buffet Inc. 0.29 7.70 2.69
NAS Starbucks Corp. 0.80 48.40 28.55
NYS Steak n Shake Co. 0.85 21.90 14.50
NAS Total Ent. Rest. Corp. 0.50 16.46 8.56
NYS Triarc Companies Inc. -0.39 12.29 9.51
NYS Wendy’s International Inc. 2.12 42.75 31.60
NYS Worldwide Rest. Concepts 0.14 4.00 2.58
NYS YUM! Brands Inc. 1.58 41.00 29.21
Hotels, Motels & Casinos
NAS Arlington Hospitality Inc. -1.14 4.14 2.55
NYS Hilton Hotels 0.50 19.21 15.10
NYS Host Marriott Corp. -0.02 14.04 10.15
NYS Marriott International 1.51 51.50 40.64
NYS Prime Motor Inns -0.46 12.18 8.20
NAS Sonesta Int’l -1.74 6.10 4.00
Other Cos–Food Serv Oper
NYS Allied Domecq PLC 3.19 35.87 24.85
NAS Elxsi Corp. -0.42 5.25 2.56
NAS Monterey Pasta Co. -0.03 4.98 2.70
NAS ShoLodge -0.26 7.57 3.31
NYS Unilever NV 2.42 75.02 56.26
NYS Walt Disney Co. 0.98 28.41 19.78
Manuf and Distrib
NYS American Express Co. 2.38 54.99 43.53
NYS American Italian Pasta Co. 2.20 43.10 25.70
NYS Angelica 0.77 25.70 18.93
NYS Anheuser Busch 2.58 54.74 48.53
NAS Bridgford Foods -0.01 9.50 6.85
NYS Cadbury Schweppes 1.64 35.85 24.77
NYS Campbell Soup 1.61 28.70 24.92
NYS Clorox Co. 2.37 54.93 44.44
NYS Coca Cola Co. 1.89 53.50 5.18
NYS Colgate Palmolive 2.49 59.04 48.56
NYS ConAgra 1.54 29.53 21.04
NYS Constellation 2.07 39.94 29.30
NYS Coors, Adolph 4.88 80.11 52.68
NYS Corning Glass -1.97 13.89 8.86
NYS Dean Foods 2.27 38.00 29.24
NYS Ecolab Inc. 1.09 31.77 25.01
NYS General Mills 2.62 49.17 43.75
NYS Grace, W.R. -0.56 9.85 2.05
NYS Heinz, HJ 2.28 39.41 33.60
NYS Hershey Foods 1.77 49.94 36.15
NYS Hormel, George 1.50 31.88 22.60
ASE iDine 0.61 16.80 6.30
NYS Ikon Office Products 0.68 13.25 7.16
NYS Int’l Multifood 0.00 25.17 15.85
NAS J & J Snack Foods Corp. 2.31 48.76 33.09
NYS Kellogg 2.05 43.41 32.60
NYS Libbey 2.03 30.67 18.39
NYS Manitowoc 0.32 35.36 21.15
NYS McCormick 1.52 36.11 26.77
NAS Micros Systems Inc. 1.57 52.00 33.31
ASE NTN Communications -0.08 4.25 1.62
OTC Oneida Ltd. -2.52 6.10 0.38
NYS PepsiCo Inc. 1.66 55.71 44.95
NAS Performance Food Group 1.35 41.30 20.99
NYS Philip Morris 4.51 58.96 43.10
NYS Pilgrim’s Pride 1.73 32.09 13.44
NYS Procter & Gamble 2.16 56.95 45.76
NYS Sara Lee 1.52 23.75 18.28
NYS Sesient Technologies Corp. 1.62 22.43 17.86
NYS Smucker, J.M. 2.21 53.50 40.80
NYS Sysco 1.33 41.27 29.92
NYS Tyson Food Inc. 1.14 21.28 12.45
NYS U.S. Restaurant Properties 0.74 19.50 14.21
MARKET
CAPITAL
EXCH COMPANY (1,000’S)
Rest.–NRN Stock Index
NAS AFC Enterprises Inc. 53779
NAS Applebee’s Int’l Inc. 2023861
NAS Ark Restaurants Corp. 84486
NAS Back Yard Burgers Inc. 26223
NAS Benihana Inc. 112609
NAS BJ Restaurants Inc. 300200
NAS Bob Evans Farms Inc. 956790
NYS Brinker International Inc. 2986705
NAS Buca Inc. 75454
NAS Buffalo Wild Wings Inc. 218787
NAS California Pizza Kitchen Inc. 387947
NAS CBRL Group Inc. 1748058
NYS CEC Entertainment Inc. 1335012
NAS Champps Entertainment Inc. 113572
NAS Checkers Drive-In Rest. 148997
NAS Cheesecake Factory Inc. 2173486
NYS CKE Restaurants Inc. 621760
NAS Cosi Inc. 157458
NAS Creative Host Services Inc. 28330
NYS Darden Restaurants Inc. 3387104
NYS Dave & Buster’s Inc. 234539
OTC Denny’s Corp. 260254
NAS Diedrich Coffee Inc. 25392
NAS Elmer’s Restaurants Inc. 13513
NAS Famous Dave’s of America 85043
ASE Flanigan’s Ents. Inc. 11863
OTC Fresh Choice Inc. 3019
ASE Friendly Ice Cream Corp. 82324
ASE Frisch’s Restaurants Inc. 129092
NAS Good Times Rest. Inc. 7303
NAS Granite City Food 18323
NAS Grill Concepts Inc. 10561
NAS Host America Corp. 21410
NYS IHOP Corp. 745655
ASE J. Alexander’s Corp. 43198
NYS Jack in the Box Inc. 1080092
NYS Krispy Kreme Doughnuts 754016
NYS Landry’s Restaurants Inc. 750652
NAS Lone Star Steakhouse 572592
NYS Luby’s Inc. 140887
NAS Main Street & Main Inc. 24306
NAS Max & Erma’s Rest. Inc. 36127
NAS McCormick & Schmick’s 172250
NYS McDonald’s Corp. 34759056
ASE Meritage Hospitality Group 26091
NAS Mexican Restaurants Inc. 30258
OTC Morgan’s Foods Inc. 1632
NAS Nathan’s Famous Inc. 32118
NAS O’Charley’s Inc. 370506
NYS Outback Steakhouse Inc. 3010704
NAS P.F. Chang’s China Bistro 1146779
NAS Panera Bread Co. 1138551
NAS Papa John’s Int’l. Inc. 505361
NAS Peet’s Coffee & Tea Inc. 301028
NAS Pizza Inn Inc. 30755
NAS Quality Dining Inc. 32282
NAS Rare Hospitality Int’l. Inc. 963938
NAS Red Robin Gourmet 606116
NAS Rubio’s Restaurants Inc. 82792
NYS Ruby Tuesday Inc. 1786210
NAS Ryan’s Restaurant Group 607315
OTC Schlotzsky’s Inc. 0
NAS Smith & Wollensky Rest. 52132
NAS Sonic Corp. 1451661
NAS Star Buffet Inc. 18438
NAS Starbucks Corp. 18339688
NYS Steak n Shake Co. 496504
NAS Total Ent. Rest. Corp. 86204
NYS Triarc Companies Inc. 736249
NYS Wendy’s International Inc. 4069513
NYS Worldwide Rest. Concepts 86978
NYS YUM! Brands Inc. 11794299
Hotels, Motels & Casinos
NAS Arlington Hospitality Inc. 15064
NYS Hilton Hotels 7221493
NYS Host Marriott Corp. 4736550
NYS Marriott International 11385088
NYS Prime Motor Inns 691333
NAS Sonesta Int’l 22262
Other Cos–Food Serv Oper
NYS Allied Domecq PLC 37361248
NAS Elxsi Corp. 12839
NAS Monterey Pasta Co. 49477
NAS ShoLodge 23731
NYS Unilever NV 34831840
NYS Walt Disney Co. 47151488
Manuf and Distrib
NYS American Express Co. 65123800
NYS American Italian Pasta Co. 489354
NYS Angelica 228633
NYS Anheuser Busch 41091144
NAS Bridgford Foods 86530
NYS Cadbury Schweppes 65428800
NYS Campbell Soup 11045400
NYS Clorox Co. 11646239
NYS Coca Cola Co. 97757320
NYS Colgate Palmolive 28852382
NYS ConAgra 14040994
NYS Constellation 3880526
NYS Coors, Adolph 2580291
NYS Corning Glass 15710381
NYS Dean Foods 5039378
NYS Ecolab Inc. 8055329
NYS General Mills 17900170
NYS Grace, W.R. 572510
NYS Heinz, HJ 13076381
NYS Hershey Foods 12407265
NYS Hormel, George 3750025
ASE iDine 169213
NYS Ikon Office Products 1748098
NYS Int’l Multifood 469913
NAS J & J Snack Foods Corp. 382079
NYS Kellogg 17656826
NYS Libbey 257202
NYS Manitowoc 937754
NYS McCormick 4808592
NAS Micros Systems Inc. 937590
ASE NTN Communications 102494
OTC Oneida Ltd. 24613
NYS PepsiCo Inc. 84340904
NAS Performance Food Group 1132436
NYS Philip Morris 99463504
NYS Pilgrim’s Pride 1822961
NYS Procter & Gamble 144621952
NYS Sara Lee 18074984
NYS Sesient Technologies Corp. 1015002
NYS Smucker, J.M. 2296998
NYS Sysco 19981314
NYS Tyson Food Inc. 5890560
NYS U.S. Restaurant Properties 379042
Key: NYS = New York. ASE = American. NAS = Nasdaq.
N.A. = Not Available. (s) = Reflects stock split.
(class a) = preferred stock.
Source: Financial Content Inc.
COPYRIGHT 2004 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
COPYRIGHT 2004 Gale Group
