Barbeques Galore Reports Correction of U.S. Same Store Sales Percentage for Its 2000 Fourth Quarter to 16.6%.Business Editors IRVINE, Calif.--(BUSINESS WIRE)--Feb. 7, 2000 In a news release issued earlier today, Barbeques Galore Barbeques Galore is an Australian chain of retail stores specializing in barbecue grills that also has a large presence in the United States. There are 84 stores in covering all of Australia, and 75+ stores in 10 American states. Ltd. (Nasdaq:BBQZ) incorrectly reported that same store sales Same Store Sales A statistic used in retail industry analysis. It compares sales of stores that have been open for a year or more. Notes: This statistic allows investors to determine what portion of new sales has come from sales growth and what portion from the opening of for its U.S. locations increased 14.6% for the fourth quarter ended Jan. 31, 2000. In fact, U.S. same store sales increased 16.6% for the 2000 fourth quarter. The U.S. same store sales for the 2000 fiscal year increased 14.6%, as reported. Barbeques Galore is the leading chain of specialty retail stores devoted to sales of barbeques, fireside products and related accessories. The company owns and operates 54 stores in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and 35 stores in Australia. In addition, it has 11 franchised stores in the United States and 49 licensed stores in Australia. Through its e-commerce Web site, www.bbqgalore.com, the company sells an extensive line of barbecue barbecue [West Indian or South American], in the United States, traditionally an open-air gathering, political or social, in which meats are roasted whole over a pit of embers and food and drink are liberally enjoyed. and fireside products and related accessories. |
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