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Avado Brands Updates Progress on New Company Focus.

Publication: PR Newswire
Publication Date: 25-JUN-03 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Avado Brands, Inc. (BULLETIN BOARD: AVDO) today reiterated its previously announced commitment to begin focusing more intently on operational and marketing initiatives, which are intended to improve same-store sales and ultimately profitability, as opposed to debt reduction initiatives. The progress of that shift in focus is reflected by the success of new marketing initiatives at Don Pablo's and Hops, which began on May 6 and April 21, respectively. Year-to-date same-store sales prior to May 6 for Don Pablo's were 7% negative and customer counts were 9% negative. Beginning May 6 through the week...

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