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CIATTI'S REPORTS FIRST QUARTER, FISCAL 1994 RESULTS

 MINNEAPOLIS, Oct. 19 /PRNewswire/ -- Ciatti's Inc. (NASDAQ: CIAT) today reported results for its first quarter ending Sept. 26, 1993. The company earned $62,150 on sales of $5,596,538 for the first quarter compared with a loss of $153,327 on sales of $5,298,795 in the quarter ended Sept. 27, 1992.
 The company indicated that earnings were higher than in the prior fiscal year due to higher revenue at most of its restaurants.
 As previously announced, the company is in the process of converting its Madison, Wis. restaurant into a Spurs Steakhouse and Saloon. This restaurant was closed on Aug. 15, 1993, and therefore only six weeks activity are included in the first quarter results. The planned opening of the Spurts Steakhouse and Saloon is Oct. 25, 1993.
 CIATTI'S INC.
 FIRST QUARTER RESULTS OF OPERATIONS
 For the Quarter Ended
 9/26/93 9/27/92
 Net sales $5,596,538 $5,298,795
 Net earnings (loss) 62,150 (153,327)
 Net earnings (loss) per share $.08 ($.19)
 Weighted average number of
 common and common equivalent
 shares outstanding 805,118 805,109
 -0- 10/19/93
 /CONTACT: Chris Collier, vice president of finance of Ciatti's, 612- 941-0108 Ext. 205/
 (CIAT)


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

CP-DB -- MN017 -- 4226 10/19/93 17:20 EDT
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Publication:PR Newswire
Date:Oct 19, 1993
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