Corporate Profile for Champps Entertainment, Inc., dated Sept. 20.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Sept. 20, 2002
Company Name: Champps Entertainment, Inc.
Address: 10375 Park Meadows Drive, Suite 560
Littleton, CO 80124-6791
Main Telephone
Number: 303/804-1333
Internet Home
Page Address
(URL): www.champps.com
Chief Executive
Officer: William H. Baumhauer
Chief Financial
Officer: Frederick J. Dreibholz
Investor Relations
Contact: Frederick J. Dreibholz
Business number: 720/529-7362
E-mail address: fred.dreibholz@champps.com
Public Relations
Contact: Marla Yetka
Business number: 720/529-7320
E-mail address: marla.yetka@champps.com
Industry: Restaurant
Trading Symbol/
Exchange: Nasdaq:CMPP
Company description: Englewood, Colo.-based Champps Entertainment, Inc. currently owns and operates 35 and franchises 12 Champps Americana restaurants in 18 states including: California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , Colorado, Florida, Georgia Georgia, country, Asia Georgia (jôr`jə), Georgian Sakartvelo, Rus. Gruziya, officially Republic of Georgia, republic (2005 est. pop. 4,677,000), c.26,900 sq mi (69,700 sq km), in W Transcaucasia. , Illinois Illinois, river, United States Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. , Indiana Indiana, state, United States Indiana, midwestern state in the N central United States. It is bordered by Lake Michigan and the state of Michigan (N), Ohio (E), Kentucky, across the Ohio R. (S), and Illinois (W). , Maryland, Michigan, Minnesota, Nebraska, New Jersey, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , Ohio, Pennsylvania, South Dakota South Dakota (dəkō`tə), state in the N central United States. It is bordered by North Dakota (N), Minnesota and Iowa (E), Nebraska (S), and Wyoming and Montana (W). , Texas, Virginia, and Wisconsin. Champps, which participates in the upscale casual dining segment, offers a broad menu consisting of freshly prepared food coupled with exceptional service. Champps creates additional value and an exciting environment through the use of audiovisual techniques and several large screen televisions. Champps boasts one of the highest sales volumes per restaurant in the industry with annual restaurant sales of approximately $5.1 million per year with an average check of $11.25. The restaurants vary in size between 7,500 and 12,000 square feet. The company anticipates opening 10 new restaurants in fiscal 2003 and 10-12 during fiscal 2004. Revenues for the company's 2002 fiscal year ended June 30, 2002, reached $158.5 million, up 18.9% from $133.3 million last year. Earnings for the fiscal year ended June 30, 2002, were $0.40 per diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. share on net income of $5,134,000 compared with earnings of $1.10 per diluted share on net income of $13,537,000 for last fiscal year. |
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