Comparable restaurant sales increased 2.7% for the thirteen weeks ended September 25, 2007. Third quarter sales increased 30.3% to $19.6 million compared to $15.0 million for the third quarter of 2006.
'We are pleased with the strong sales in the third quarter of 2007 especially considering the continued difficult operating environment for casual restaurants,' commented Steve Wagenheim, Granite City's CEO. 'We are particularly pleased with the 4.1% increase in comparable restaurant sales during September which historically has been a challenging month.'
Granite City plans on opening five additional restaurants during the fourth quarter starting with Rogers, Arkansas next week and East Peoria, Illinois at the end of this month.
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