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Champions Sports, Inc. Reports Quarterly Results.


Business Editors

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)--March 15, 2002

Champions Sports, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:CSBR CSBR Center for Sustainable Building Research ), a 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 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 Marriott has several meanings:
  • Corporations (Company)
  • Marriott International from 1993-present is an international hospitality lodging company
 and Renaissance Hotel Sports Bar/Restaurants worldwide, today reported a net loss of $37,078 for the quarter ended January 31, 2002 compared to a net loss of $277,625 for the quarter ended January 31, 2001.

For the quarter ended January 31, 2002 the net loss available to common stockholders was $53,016 or $(0.01) per share compared to a net loss available to common stockholders of $293,563 or $(0.03) per share for the quarter ended January 31, 2001.

                        SELECTED FINANCIAL DATA

                      Three Months Ended         Nine Months Ended
                         January 31                 January 31
                       2002         2001         2002        2001
                       ----         ----         ----        ----

Total Revenues      $518,944      $477,498    $1,601,970   $1,561,045
Net Income
 (loss) from
 continuing
 operations         $(37,078)    $(135,800)     $(67,996)   $(175,915)

Loss from
 discontinued
 operations             --       $(141,825)         --      $(220,234)

Loss on
 security held
 for sale               --            --            --       $(50,000)

Net Income/
 (Loss)             $(37,078)    $(277,625)     $(67,996)   $(446,149)

Less preferred
 stock
 dividends          $(15,938)     $(15,938)     $(47,814)    $(47,814)
Net income
 (loss)
 available to
 common
 stockholders       $(53,016)    $(293,563)    $(115,810)   $(493,963)


Basic earnings
 (loss) per
 share                $(0.01)       $(0.03)       $(0.01)      $(0.06)
Earnings per
 common share
 assuming
 full dilution        $(0.01)       $(0.03)       $(0.01)      $(0.06)
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 15, 2002
Words:244
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