Restaurant margins, as a percentage of restaurant sales, increased nine basis points to 18.0% due, in large part, to approximately $1.0 million in benefits recorded relating to workers compensation and property tax expenses
In addition, Scott M. Colosi has been named President of the Company. Mr. Colosi has been employed by the Company as its Chief Financial Officer since September 2002.
The Company reported that comparable restaurant sales for the first four weeks of the second quarter of fiscal 2011 increased approximately 5.4% compared to the prior year period.