Noble Roman's, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 05, 2020 at 04:03 pm
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Noble Roman's, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was USD 2.610 million compared to USD 3.120 million a year ago. Operating income was USD 1.018 million compared to USD 800,709 a year ago. Net income was USD 695,740 compared to USD 441,136 a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.02 a year ago. For the half year, total revenue was USD 5.329 million compared to USD 6.043 million a year ago. Operating income was USD 1.608 million compared to USD 1.554 million a year ago. Net income was USD 440,700 compared to USD 917,396 a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.04 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.