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BOSTON CHICKEN REPORTS 1993 NET EARNINGS OF 13 CENTS PER SHARE; REVENUE UP 413 PERCENT

 NAPERVILLE, Ill., Jan. 18 /PRNewswire/ -- Boston Chicken, Inc. today released the following earnings highlights:
 FOURTH QUARTER, FISCAL 1993
 Net earnings of $1,384,100, or 8 cents per share, compare to a net loss of $1,485,400, or a net loss of 10 cents per share, for the fourth quarter of fiscal 1992.
 System-wide store revenue increased 281 percent to $52,900,000.
 Company revenue increased 340 percent to $14,298,900.
 FULL YEAR, FISCAL 1993
 Net earnings of $1,647,400, or 13 cents per share, compare to a net loss of $5,850,500, or a net loss of 41 cents per share, for fiscal 1992.
 System-wide store revenue increased 261 percent to $154,000,000.
 Company revenue increased 413 percent to $42,529,800.
 Boston Chicken, Inc. (NASDAQ-NMS: BOST) reported earnings for the fourth quarter ended December 26, 1993 of $1,384,100, or 8 cents per share, compared to a net loss of $1,485,400, or a net loss of 10 cents per share, for the comparable 1992 period. The company's revenue during the fourth quarter of 1993 increased 340 percent to $14,298,900 from the $3,249,800 generated in the fourth quarter of 1992. System-wide store revenue, which includes company and franchise stores, increased to $52,900,000 during the fourth quarter, a 281 percent increase from the $13,900,000 generated in the comparable 1992 period.
 For the year ended December 26, 1993, the company earned $1,647,400, or 13 cents per share, compared to a fiscal 1992 net loss of $5,850,500, or a net loss of 41 cents per share. The company's revenue for the 1993 fiscal year increased 413 percent to $42,529,800 from the $8,282,600 reported for the 1992 fiscal year. System-wide store revenue increased to $154,000,000 in the 1993 fiscal year, up 261 percent from the $42,700,000 reported for the fiscal 1992.
 "The significant increases in revenue results from focused execution of our market development strategy, which calls for the rapid roll-out of stores in concentrated geographic markets, and from sales volumes at these stores which continue to demonstrate consumer acceptance of the Boston Chicken concept," said Mark W. Stephens, chief financial officer.
 Scott Beck, chairman and chief executive officer, added, "The strength of our store level economics and the management infrastructure we have in place across the country have made it possible for us to accelerate our market development program, which now calls for 450 stores to be operating by the end of fiscal 1994."
 Boston Chicken operates and franchises food service stores specializing in convenient, quality meals featuring rotisserie roasted chicken, fresh vegetables, salads and other side dishes, such as mashed potatoes made from scratch. The Boston Chicken system comprises the largest chain in the United States dedicated primarily to rotisserie roasted chicken, with 228 stores operating in 19 states.
 -0- 1/18/94
 /CONTACT: Mark Stephens of Boston Chicken, Inc., 708-245-4512; Gary Strong, George Zagoudis of Financial Relations Board, 312-266-7800/
 (BOST)


CO: Boston Chicken, Inc. ST: Illinois IN: LEI SU: ERN

LG -- NY037 -- 2631 01/18/94 10:03 EST
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Date:Jan 18, 1994
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