Champions Sports, Inc. Reports Quarterly Profit.ARLINGTON Arlington, county, United States Arlington, county (1990 pop. 170,936), N Va., across the Potomac River from Washington, D.C. Arlington is a residential and commercial suburb of Washington. , Va.--(BUSINESS WIRE)--Sept. 14, 1999-- Champions Sports, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Symbol:CSBR CSBR Center for Sustainable Building Research ), licensee licensee n. a person given a license by government or under private agreement. (See: license, licensor) LICENSEE. One to whom a license has been given. 1 M. Q. & S. 699 n. of CHAMPIONS Sports Bar Restaurants, today reported net income of $17,581 for the quarter ended July July: see month. 31, 1999 compared to a net income of $22,767 for the quarter ended July 31, 1998. For the quarter ended July 31, 1999 the net income available to common stockholders was $1,584 or $0.00 per share compared to a net income of $5,967 or $0.00 per share for the quarter ended July 31, 1998. Revenues were $639,273 for the quarter ended July 31, 1999 compared to $555,443 for the quarter ended July 31, 1998. -0-
SELECTED FINANCIAL DATA
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Three Months Ended
July 31
1999 1998
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Total Revenues $639,273 $555,443
Net Income $17,581 $22,767
Less preferred stock dividends $15,998 $16,800
Net Income available to
common stockholders $1,584 $5,967
Basic Earnings per share $0.00 $0.00
Earnings per common share
assuming full dilution $0.00 $0.00
Champions Sports, Inc. is a licensee of CHAMPIONS Sports Bar Restaurants and an exclusive supplier of sports memorabilia The term sports memorabilia usually refers to anything that can be directly connected to a sports event or personality. These items are generally gathered by fans of the particular sport, athlete or team that the item signifies or by collectors who find value in the rarity and a consultant to all new managed Marriott and Renaissance Hotel Sports Bar/Restaurants worldwide. |
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