Applebee's International Reports February Comparable Sales; Presentation at Bear Stearns Retail, Restaurants & Apparel Conference to be Webcast.Business Editors Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. Eighth Annual Retail, Restaurants & Apparel Conference OVERLAND PARK Overland Park, city (1990 pop. 111,790), Johnson co., NE Kans., a residential suburb of Kansas City; inc. 1960. There is printing and publishing, and the manufacture of apparel, aircraft parts, cement, prepared foods, salt, chemicals, marine accessories, and signs. , Kan.--(BUSINESS WIRE)--Feb. 27, 2002 Applebee's International, Inc. (Nasdaq:APPB APPB Array Processor with Pipelined Bus APPB Application Builder ) today reported comparable sales for the four-week period ended February 24, 2002. System-wide comparable sales increased 4.6 percent for the February period, and comparable sales for franchise restaurants increased 5.3 percent. Comparable sales for company restaurants increased 2.3 percent, reflecting an increase in guest traffic of approximately 1.0 percent, combined with a higher average check. System-wide comparable sales for the quarter-to-date period (eight weeks) have increased 4.7 percent, with franchise and company restaurant comparable sales up 5.3 percent and 2.9 percent, respectively. The company will be presenting at the Bear Stearns Eighth Annual Retail, Restaurants & Apparel Conference to be held in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of on Thursday, February 28, 2002, at 10:30 a.m. Eastern Time. A webcast of this presentation will be available over the Internet at http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=APPB&script= 1020&item_id=w,601252,0 and will also be available at the Investor Relations Investor relations The process by which the corporation communicates with its investors. section of the company's website (www.applebees.com). The archived webcast will be available for a period of 30 days following the conference. (Due to the length of the URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. in this paragraph, it may be necessary to copy and paste To copy files from one location to another or to copy text and images from one document to another. All modern operating systems and applications have a copy and paste capability that is typically selected from an Edit menu. See cut and paste and Win Copy between windows. the hyperlink into your Internet browser's URL address field.) Applebee's International, Inc., headquartered in Overland Park, Kan., currently develops, franchises and operates restaurants under the Applebee's Neighborhood Grill and Bar brand, the largest casual-dining concept in the world. There are currently 1,398 Applebee's restaurants operating system-wide in 49 states and eight international countries. Additional information on Applebee's International can be found at the company's website (www.applebees.com). |
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