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JB'S RESTAURANTS SAYS IT IS NOT AWARE OF REASONS FOR RECENT STOCK PRICE DROP

 SALT LAKE CITY, April 28 /PRNewswire/ -- JB's Restaurants Inc. (NASDAQ: JBBB) said today it is not aware of any reasons for the recent drop in the company's stock price. The company reiterated that its historically seasonally low first-half results were dampened further by severe winter weather in its markets during January and February. The company has seen improvement in its JB's Restaurants business as same store sales were 1 percent above year-ago in the last four weeks of the second quarter and 3.7 percent above year-ago in the first four weeks of the third quarter.
 Development of the HomeTown Buffet restaurant concept, although behind schedule, is continuing with the recent successful opening in Tucson, Ariz., and a sixth HomeTown Buffet restaurant scheduled to open in July. Given the company's internal growth plans of HomeTown Buffet restaurants and its approximately one-fourth of an interest in Americana Entertainment Group Inc., the parent company of HomeTown Buffet Inc., the company remains confident in its future.
 JB's Restaurants Inc. has restaurant operations in 11 western states in which it currently operates 105 and franchises eight JB's family style restaurants, operates 12 franchised Sbarro restaurants and operates five franchised HomeTown Buffet restaurants.
 -0- 4/28/93
 /CONTACT: David E. Pertl, VP and CFO of JB's Restaurants, 801-974-4300; or Shirley Thompson, president of Carl Thompson Associates, 303-494-5472, for JB's Restaurants/
 (JBBB)


CO: JB's Restaurants Inc. ST: Utah IN: LEI SU:

KJ-JL -- LA004 -- 1727 04/28/93 07:00 EDT
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Publication:PR Newswire
Date:Apr 28, 1993
Words:244
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