| Pizza Inn Reports Results for Fourth Quarter and Fiscal Year 2007
PIZZA INN, INC. (Nasdaq: PZZI - News) today reported net income of $658,000, or $0.06 per share for the fourth quarter of the fiscal year ended June 24, 2007 versus ($4,421,000), or ($0.43) per share for the fourth quarter of fiscal 2006. The Company also reported net income of $206,000, or $0.02 per share for fiscal 2007 versus a net loss of ($5,989,000), or ($0.59) per share for fiscal 2006. Operating performance for the fourth quarter and fiscal 2007 reflected the following: Operating results for the fourth quarter mark the third consecutive profitable quarter for Pizza Inn, further strengthening the Company's financial and cash positions. Charlie Morrison, Interim CEO and Chief Financial Officer, commented, "We are encouraged by our continued progress. We believe that our foundation is much stronger as evidenced by our increases in cash and the elimination of our debt.
Accor North America Announces Executive Changes
DALLAS (Carrollton) | Accor North America, the largest hotel owner operator in North America, today announced key executive changes. Olivier Poirot was named CEO of Motel 6/Studio 6 and Accor North America. Poirot was previously the Accor North America chief financial officer. Georges Le Mener, Accor North America's president and CEO will retire. Jim Amorosia, Motel 6/Studio 6 chief operating officer, was named president and COO of Motel 6/Studio 6 with expanded duties including day-to-day marketing of the brand. The structure of Accor North America will change--the ANA Mexico hotels will now report to Accor Latin America and Sofitel in North America will report to Sofitel worldwide; therefore, the scope of ANA will be primarily on the economy brands in the U.S.
Johnson grateful for shot with Cowboys
Grateful for receiving an opportunity to resurrect a career derailed by repeated brushes with the law, newly signed Dallas Cowboys defensive tackle Tank Johnson vowed Wednesday to justify the considerable faith owner Jerry Jones has shown in him. "Most importantly right now is just to understand that you're representing a great franchise, a great group of people, who have faith in you," Johnson said. "To have that type of environment where you know you have people pushing for you to succeed, you don't want to let those people down. "I've been through that, and it's not a feeling I wish upon anyone." Johnson, 25, said he's dealt with a "lot of tragedy and heartache" in the past seven months, a period in which he went from being a prominent piece of the defending NFC champion Chicago Bears' rugged defense to an unemployed, suspended poster boy for what awaits violators of NFL commissioner Roger Goodell's strict personal-conduct code.
|
