New World comps up 3.2%

GOLDEN, Colo. — New World Restaurant Group Inc., franchisor of Einstein Bros., reported a positive third quarter ended Oct. 3, 2006.

 

The company said comparable-store sales were up 3.2 percent on revenue of $95.8 million, up from $94.8 million in the same quarter last year. Net income was $752,000 for the quarter.

 

"We continue to focus on initiatives designed to increase restaurant traffic and transaction counts, including the ongoing introduction of new product offerings and product bundling as well as expansion of our catering programs in line with seasonal activities," said Paul Murphy, president and chief executive.

 

New World is traded on the OTC.