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)--March 17, 1997--Champions Sports Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Symbol - CSBR CSBR Center for Sustainable Building Research ), owner and licensor of CHAMPIONS Sports Bar Restaurants, Monday Monday: see week. reported net income of $5,018 or $0.00 per share for the quarter ended Jan. 31, 1997 compared to a net income of $4,288 or $0.00 per share for the quarter ended Jan. 31, 1996. For the nine months ended Jan. 31, 1997 the net income was $54,842 compared to a net income of $47,596 for the nine months ended Jan. 31, 1996. -0-
Selected Financial Data
-----------------------
Three months Ended Nine months ended
Jan. 31 Jan. 31
1997 1996 1997 1996
---- ---- ---- ----
Total revenues $ 531,221 $ 517,166 $1,591,311 $1,624,609
Net income $ 5,018 $ 4,288 $ 54,842 $ 47,596
Earnings per common
share $0.00 $0.00 $0.01 $0.01
Earnings per common
share -- assuming
full dilution $0.00 $0.00 $0.00 $0.00
-0- Champions Sports Inc. is the owner and licensor of 19 CHAMPIONS Sports Bar Restaurants. Of the 19 locations, 17 are in Marriott Marriott has several meanings:
CONTACT: Champions Sports Inc., McLean McLean, city (1990 pop. 38,168), Fairfax co., N Va., a suburb of Washington, D.C. Manufacturing includes foods, satellite components, and computer and telecommunications equipment. James Martell, 703/526-0400 |
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