Cara Operations Limited Annual General Meeting: Thursday, July 25, 2002.Business Editors MISSISSAUGA, Ontario--(BUSINESS WIRE)--July 24, 2002 Cara Operations Cara Operations Limited is a Canadian company that provides catering services to airlines and operates several restaurant and coffee shop chains including: Harvey's, Swiss Chalet, Kelsey's , Milestones and Montana's. The company is based across from Lester B. Limited (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CAO) (TSX:CAO.A) of Mississauga - Canada's leading integrated restaurant company - will hold its Annual General Meeting on Thursday, July 25, 2002 at 11 a.m. at the downtown Toronto Downtown Toronto is the heart of the City of Toronto, Ontario, Canada. It is approximately bounded by Bloor Street (including areas slightly north of Bloor around Yonge Street) to the north, Lake Ontario to the south, Bayview Avenue - Don Valley Parkway to the east, and Bathurst Hilton Hotel, located at 145 Richmond St. West, Convention Floor. Cara Operations Limited operates more than 1,200 restaurants in Canada, serving more than 250 million guests every year. In addition to the formal proceedings of the meeting, Gabe Tsampalieros, President and Chief Executive Officer of Cara Operations will review the Company's performance over the past year and provide insight into the Company's plans for the future.
Cara Operations Limited Annual General Meeting
Date: Thursday, July 25, 2002
Time: 11 a.m.
Location: Toronto Hilton Hotel
145 Richmond Street West, Toronto, Ontario
Cara Operations Limited trades on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbols CAO and CAO.A. With annual system sales System sales is a business term used in the franchising industry. Franchisors provide supplies, marketing and administration services to franchisees in return for a part of the franchisees' revenues. Some franchisors also operate some outlets directly. of in excess of $1.8 billion, Cara Operations Limited, based in Toronto, Ontario, Canada is one of Canada's leading integrated restaurant companies, serving more than 5 million Canadians every week and providing employment for approximately 38,000 Canadians in its owned and franchised operations. Cara's wholly owned businesses include Swiss Chalet
Swiss Chalet is a chain of Canadian family restaurants originally founded in 1954 in Toronto, Ontario. ; Harvey's; Cara Air Terminal Restaurants Division; Cara Airport Services Division; Summit Food Service Distributors Inc.; and Second Cup. Cara owns 65% of Kelsey's International Inc., a multi-brand operator, operating Kelsey's Neighbourhood Bar & Grill, Montana's Cookhouse Montana's Cookhouse is a Canadian restaurant headquartered in Mississauga, Ontario. There are restaurants located in Canada from coast to coast in addition to US locations in Michigan and New York State. , and as a franchisee, Outback Steakhouse Restaurants in Eastern Canada. Cara also owns 74% of Milestones Restaurants Inc., an upscale casual restaurant chain. For more information and to arrange interviews with Mr. Tsampalieros please contact: Catherine Heroux at Strategic Objectives, 416/366-7735, 416/366-2295 (FAX), cheroux@strategicobjectives.com |
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