ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Tuesday, May 14, 1996 TAG: 9605140072
SECTION: BUSINESS PAGE: B-5 EDITION: METRO
Applebee's International Inc.
1st qtr. ended 3-31 1996 1995Revenues $95.0 million $75.4 millionNet Income $8.4 million $4.3 millionShare earnings 27 cents 15 cents Applebee's, based in Overland Park, Kan., operates 699 restaurants, including locations in Southwest Virginia. First quarter 1995 figures include merger costs of $1.8 million related to the acquisition of Innovative Restaurant Concepts Inc.
May Department Stores Co.
1st qtr. ended 5-4 1996 1995Revenues $2.42 billion $2.13 billionNet Income $109 million $114 millionShare earnings 41 cents 42 cents St. Louis-based May is the parent of Hecht's department stores.
Payless ShoeSource Inc.
1st qtr. eded 5-4 1996 1995Revenues $601.4 million $596.6 millionNet Income $24.2 million $26.5 millionShare earnings 60 cents 66 cents Payless ShoeSource was a unit of May Department Stores Co. until May 4. Payless said its results reflect $3.7 million in after-tax costs associated with the spinofff. May said it took a $6.1 million pre-tax change in the quarter because of the spinoff.
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