Cara Operations Limited - Harvey's opens 300th restaurant.TORONTO--(BUSINESS WIRE)--Aug. 26, 1996--Cara Operations Limited (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). ,ME:CAO;CAO.A / OTC BULLETIN BOARD OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :CRAOF) Monday announced that it has opened five Harvey's locations in four days, an all time record for the brand, including its 300th Harvey's location in Kitchener, Ontario Coordinates: The City of Kitchener (IPA [ˈkɪ.tʃə.nɝ]) is a city in southwestern Ontario, Canada. . The other locations are at a Petro Canada Service Station in Halifax; Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box , London; Petro Canada, Scarborough, Ontario; and Home Depot, Vancouver. In making the announcement, Gabe Tsampalieros, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Cara, said that the outstanding growth of Harvey's demonstrates that the Company's renewed focus on growing its core food business is paying off. "Two factors in Cara's current strategy have played a part in Harvey's recent rapid expansion. First we got back to basics Back to Basics may refer to:
"Harvey's is regarded by its guests as the market leader in its segment. Our guests tell us that Harvey's has the best-tasting hamburgers. With its unique products, Harvey's delivers great value, offering great tasting food at a compelling price. With our increasingly high profile and growing number of locations, we are making success one of our basic ingredients." Tsampalieros indicated that Harvey's will open approximately 40 restaurants in the current fiscal year, and noted that since April, 16 new locations were opened. Cara Operations is a publicly traded, Canadian-controlled corporation listed on the Toronto and Montreal Stock Exchanges Montreal Stock Exchange See Bourse de Montreal, Inc. (Canadian Derivatives Exchange) . With system sales during its most recent fiscal year in excess of $1.3 billion, Cara's core businesses in the food service sector are the Swiss Chalet chain of family-style restaurants, featuring rotisserie chicken and barbecue ribs; the Harvey's quick-service hamburger chain; Beaver Foods, a prominent business and institutional contract caterer; Summit Food Service Distributors; and Cara Airport Services which provides catering and commissary COMMISSARY. An officer whose principal duties are to supply the army with provisions. 2. The Act of April 14, 1818, s. 6, requires that the president, by and with the consent of the senate, shall appoint a commissary general with the rank, pay, and emoluments services to major Canadian and international air carriers and operates restaurants and newsstands in major transportation terminals across Canada. CONTACT: Cara Operations Limited Gabe Tsampalieros, 416/969-2534 or Dan Lepidas, 416/969-2563 |
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