Cucos' Board Targets Its Home Market For Expansion.NEW ORLEANS--(BUSINESS WIRE)--March 31, 1998--Cucos Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CUCO) announced that the board of directors has voted to focus immediate expansion efforts specifically on Louisiana markets in order to maximize benefits of its strong brand awareness. "We have never had a company restaurant in Louisiana which lost money," says Jimmy Guidry, director of development. "The return on investment in our Louisiana restaurants is extremely high," he added. Cucos' Board recently approved a new restaurant site in Lake Charles Lake Charles, city (1990 pop. 70,580), seat of Calcasieu parish, SW La.; inc. 1867. It is located on Lake Charles at the mouth of the Calcasieu River in a rice, timber, oil, and natural gas region. , La. and management is currently negotiating on a site in Gretna, La., a suburb of New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded . Cucos is a full service Mexican restaurant chain consisting of sixteen company-owned restaurants and five franchised restaurants located in the Southeastern 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. . CONTACT: Cucos Inc., New Orleans Vincent J. Liuzza Jr., 504/835-0306 |
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