IBJNews

Noble Roman's sees rising profit, revenue

Back to TopCommentsE-mailPrintBookmark and Share

Noble Roman's Inc. reported higher profit and revenue in the third quarter compared with the same period a year ago.

The Indianapolis-based franchisor of Noble Roman's Pizza and Tuscano's Italian Style Subs said Thursday that it earned $427,116, or 2 cents per share, in the latest quarter after making $341,202, or 2 cents per share, last year.

Revenue rose to $1.93 million, up 10.8 percent compared to last year.

The company said it has entered into agreements to open 45 stand-alone take-n-bake pizza locations. So far, 16 have opened since October 2012, and 29 are expected to open over the next several months.

Noble Roman's stock fell 4 cents Thursday before earnings were announced, to $1.40 per share.





 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT