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CUCOS, INC. ANNOUNCES SECOND QUARTER EARNINGS FOR FISCAL 1993

 NEW ORLEANS, Feb. 16 /PRNewswire/ -- Vincent J. Liuzza Jr., chairman and president of Cucos, Inc. (NASDAQ: CUCO) announced today that revenues and earnings increased for the company's second quarter ended Jan. 10.
 Revenues advanced 20.8 percent to $4,601,957 from $3,809,530, and earnings increased moderately to $31,309 from $22,981 recorded during the prior year's comparable quarter.
 Sales of food and beverages during the second quarter increased to $4,403,959, up 24.4 percent, compared to $3,537,986 achieved for the comparable prior year period. This increase was due primarily to there being 15 company-owned restaurants during the second quarter vs. 13 during the similar prior year period. In addition, sales per comparable restaurant increased 6.8 percent, and restaurant profits increased due primarily to increased guest counts. The increase in restaurant profits was partially offset by reduced profits from franchising and higher interest expense.
 The company also announced that two franchised restaurants were purchased subsequent to the end of the quarter on Feb. 8. "The two franchised restaurants are located in Birmingham and Montgomery, Ala.," noted Liuzza.
 Cucos is a Sonoran-style Mexican restaurant chain consisting of 17 company-owned restaurants and 14 franchised restaurants located primarily in the southeastern United States.
 CUCOS INC.
 Statement of Operations
 Unaudited
 12 weeks ended 1/10/93 1/12/92
 Revenues:
 Sales of food and beverages $ 4,403,959 $ 3,537,986
 Franchise fees and royalties 115,690 163,246
 Commissary, rent & other income 82,308 108,298
 Total revenues 4,601,957 3,809,530
 Costs and expenses:
 Restaurant operating 3,767,998 3,057,181
 Franchise and administrative 695,664 620,216
 Interest 72,456 64,870
 Amortization of preopening costs 34,530 44,682
 Total costs and expenses 4,570,648 3,786,949
 Net income before income taxes 31,309 22,581
 Income taxes --- ---
 Net income $ 31,309 $ 22,581
 Net income per share $ 0.01 $ 0.01
 Weighted shares outstanding 2,153,560 2,113,747
 28 weeks ended 1/10/93 1/12/92
 Revenues:
 Sales of food and beverages $10,045,197 $8,487,153
 Franchise fees and royalties 281,582 387,583
 Commissary, rent & other income 166,410 240,975
 Total revenues 10,493,189 9,115,711
 Costs and expenses:
 Restaurant operating 8,689,436 7,307,649
 Franchise and administrative 1,502,161 1,455,063
 Interest 155,270 142,335
 Amortization of preopening costs 68,301 77,611
 Total costs and expenses 10,415,168 8,985,658
 Net income before income taxes 78,021 133,053
 Income taxes --- ---
 Net income $ 78,021 $ 133,053
 Net income per share $ 0.04 $ 0.06
 Weighted shares outstanding 2,130,810 2,113,747
 -0- 2/16/93
 /CONTACT: Thomas J. Sandeman, vice president-Finance of Cucos, 504-835-0306/
 (CUCO)


CO: Cucos Inc. ST: Louisiana IN: LEI SU: ERN

RA-BR -- AT004 -- 6835 02/16/93 11:07 EST
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Date:Feb 16, 1993
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