Applebee's International Reports 33 Percent Increase in Fourth Quarter Earnings Per Share of 52 Cents; EPS Increases 20 Percent in 1999.

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Applebee's International Reports 33 Percent Increase in Fourth Quarter Earnings Per Share of 52 Cents; EPS Increases 20 Percent in 1999.

Business Editors

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Feb. 9, 2000

Fourth Quarter Comparable Sales Increase 7.2 Percent

for Company Restaurants; System-Wide Up 5.8 Percent

Applebee's International, Inc. (Nasdaq:APPB) today reported net earnings of $14.1 million, or 52 cents per share on both a basic and diluted basis, for the fourth quarter ended December 26, 1999 (excluding a $2.7 million or 10 cent per share gain on the disposition of restaurants). This represents an increase in earnings per share of 33 percent as compared with 39 cents per share on both a basic and diluted basi...

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