Noble Roman's, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 04:04 pm EST
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Noble Roman's, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was USD 2.938 million compared to USD 3.079 million a year ago. Operating income was USD 411,329 compared to USD 834,946 a year ago. Net income was USD 83,498 compared to USD 467,607 a year ago. Basic eps - continuing operations was USD 0 compared to USD 0.02 a year ago. For the nine months, total revenue was USD 8.267 million compared to USD 9.122 million a year ago. Operating income was USD 2.019 million compared to USD 2.389 million a year ago. Net income was USD 524,198 compared to USD 1.385 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to USD 0.06 a year ago.
Noble Roman's, Inc. sells and services franchises and licenses and operates Company-owned stand-alone restaurants and non-traditional foodservice operations under the trade names Noble Roman's Craft Pizza & Pub, Noble Romanâs Pizza, Noble Romanâs Take-N-Bake, and Tuscano's Italian Style Subs. The Noble Romanâs Craft Pizza & Pub provides a selection of over 40 different toppings, cheeses and sauces from which to choose. Beer and wine are also featured, with 16 different beers on tap, including both national and local craft selections. Its beer and wine service are provided at the bar and throughout the dining room. The Company owns and operates approximately nine Craft Pizza & Pub locations and one non-traditional location in a hospital. Craft Pizza & Pub is designed to have a fun, pleasant atmosphere serving pizza and other related menu items. The Companyâs subsidiaries include RH Roanoke, Inc. and Pizzaco, Inc.