Checkers/Rally's Awards 16 New Vehicles to Top-Performing Store Managers - ``You Gotta Drive to Be a Winner'' Manager Incentive Program Event Awards Final Four SUVs.Business Editors, Restaurant Writers TAMPA, Fla.--(BUSINESS WIRE)--Feb. 19, 2002 Recognizing the importance of store-level employee excellence, Checkers checkers, game for two players, known in England as draughts. It is played on a square board, divided into 64 alternately colored—usually red and black or white and black—square spaces, identical with a chessboard. Drive-in Restaurants, Inc. (Nasdaq:CHKR) has awarded 16 new vehicles to the double drive-thru chain's top-performing store managers over the past 12 months. Today, the final four SUVs were awarded as the grand finale For the music notation program, see . A finale (italian word) is a closing part, act or movement of a dramatic or musical composition, or more generally any event or procedure with a dramatically concluding effect. of Checkers' "You Gotta got·ta Informal Contraction of got to: I gotta go home. Drive to be a Winner" contest. "Checkers(R)/Rally's(R) has experienced a tremendous turnaround Turnaround A situation where a company that has had poor performance for an extended period of time experiences a positive reversal. Notes: A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company. year with same store sales Same Store Sales A statistic used in retail industry analysis. It compares sales of stores that have been open for a year or more. Notes: This statistic allows investors to determine what portion of new sales has come from sales growth and what portion from the opening of growth averaging 13 percent -- well above the industry average. We understand that much of this success is due to the hard work, commitment and dedication of our managers," said Richard S Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a . Turer, Vice President of Marketing. "The `You Gotta Drive to be a Winner' contest allows us to show our appreciation to our top-performing managers who are instrumental in operating restaurants where service, quality, and performance are world class." "You Gotta Drive to be a Winner" is a year-long incentive program that recognizes the managers of restaurants that made the most dramatic improvement in sales performance during each sales period. A 2001 Ford Focus was awarded each sales period to a manager from the 50 top restaurants. Today's winners of four new Ford Escapes were selected by a random drawing of all qualifiers that had not yet won. "I am thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. to have been chosen as a winner, and I am very proud of the accomplishments of my crew," said Vanessa Rahming, manager of a Checkers restaurant in Miami, who was presented with keys to a new SUV today. "It means a lot to me that Checkers values my contribution to the success of the Company and has recognized my efforts in such a real and meaningful way." Today's other winners, who were presented with a red, yellow, white or black SUV, were: -- Zanetta Dumas, manager of a Checkers franchised store in Opelika, Alabama -- Michael Finnegan, manager of a Checkers franchised store in Milwaukee, Wisconsin -- Lavonya Taylor, manager of a Rally's company-owned store in Memphis, Tennessee The contest is just one part of Checkers' industry-leading Manager Incentive Program, which also includes a Company-sponsored cruise, vacation packages, gold rings, cash and other incentives to store and area managers who excel. The incentive program promotes food quality, customer service and sales performance among the approximately 850 Checkers and Rally's branded restaurants nationwide. "Checkers Drive-In Restaurants, Inc. itself has become a real success story," said Turer. "The dedication of its restaurant managers throughout the country has been essential to that achievement." "Checkers/Rally's is winning in our segment and we are experiencing significant growth in our customer base because of our commitment to offering customers delicious, high-quality meals in a fast, customer-focused manner. Our general managers make sure that every store performs to Checkers' high standards every day, and I am honored to recognize them through our Manager Incentive Program," added Mr. Turer. Checkers Drive-In Restaurants, Inc. (www.checkers.com) is the largest double drive-through restaurant chain in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company develops, produces, owns, operates and franchises quick service `double drive-thru' restaurants. Except for historical information, this announcement contains "forward-looking" and "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statements within the meaning of Section 27A of the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking and Safe Harbor statements reflect management's expectations based upon currently available information and data; however, actual results are subject to future events and uncertainties, which could cause actual results to materially differ from those projected in these statements. Further information regarding factors that could affect the company's financial and other results is included in the company's Forms 10Q and 10K, filed with the Securities and Exchange Commission. |
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