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CIATTI'S FISCAL 1993 THIRD QUARTER RESULTS

 MINNEAPOLIS, April 19 /PRNewswire/ -- Ciatti's, Inc. (NASDAQ: CIAT) today reported results for its third quarter ended March 28, 1993. The company made $120,444 on sales of $5,851,661 for the third quarter compared with $239,204 on sales of $5,721,767 in the quarter ended March 29, 1992.
 For the nine months ended March 28, 1993, the company lost $201,836 on sales of $16,682,587 compared with a profit of $25,196 on sales of $15,300,081 for the nine months ended March 29, 1992.
 The sales increases for the third quarter and year to date were due to the opening of three new restaurants during Fiscal 92. However, sales continued to decline in mature restaurants resulting in lower quarterly profits and a year to date loss.
 The company currently operates a total of 13 Italian restaurants in Minnesota and Wisconsin.
 CIATTI'S INC.
 RESULTS OF OPERATIONS
 Three Months Ended Nine Months Ended
 3/28/93 3/29/92 3/28/93 3/29/92
 Sales $5,851,661 $5,721,767 $16,682,587 $15,300,081
 Net earnings (loss) $120,444 $239,204 $(201,836) $25,196
 Net earnings (loss)
 per share $.15 $.30 $(.25) $.03
 Number of common shares
 outstanding 805,118 805,118 805,118 805,118
 -0- 4/19/93
 /CONTACT: Chris Collier, VP finance for Ciatti's, 612-941-0108, ext. 22/
 (CIAT)


CO: Ciatti's, Inc. ST: Minnesota IN: LEI SU: ERN

KH -- MN009 -- 7630 04/19/93 17:03 EDT
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Publication:PR Newswire
Date:Apr 19, 1993
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