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First-quarter profit, revenue flat for Noble Roman’s

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Indianapolis-based Noble Roman’s Inc., the franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs, said Monday that first-quarter earnings were down slightly compared with the same period last year.

The company earned $365,079, or 2 cents per share, compared with $368,012, or 2 cents per share, in the first quarter of 2011.

First-quarter revenue was $1.8 million, nearly identical to the year-ago period.

Royalties and fees from both traditional and non-traditional franchises also were flat in the first quarter, totaling $1.6 million.

The company saw more growth from take-n-bake products in grocery stores, with royalties and fees rising by $74,853, or 31 percent, in the first quarter.

Through May 8, the company had signed agreements for 1,084 grocery locations and was selling pizzas in 881 of those, the company said.

It has an agreement with Cary, N.C.-based The Pantry Inc., a convenience store chain with more than 1,650 locations, to start selling pizzas soon as part of a pilot program at a location in Raleigh, N.C.

In addition, the company has signed an agreement with Carmi, Ill.-based Huck’s, a 110-unit convenience-store chain in five states, to start selling pizzas by June in eight locations in Indiana, Illinois and Kentucky.

Shares of Noble Roman’s opened at 61 cents each Tuesday morning, up 10 cents from the beginning of the month.
 

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  • Bring Back the Old Days of the 70s and 80s
    I'd invest heavily in Noble Romans if they did three things:

    1) Get out of the gas stations and re-open actual sit-down restaurants that are CLEAN and SERVICE FRIENDLY.

    2) Bring back the old deep dish Sicilian recipe with its superior sauce and the dough actually baked all the way thru

    3) Give me the recipe to the old Bambinos (smaller individual sized deep dish pizzas)

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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

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