Third Quarter 2012 Financial ResultsTotal revenue for third quarter 2012 increased by 35.7% to $31.1 million compared to $22.9 million for the third quarter of 2011. The five Cadillac Ranch restaurants acquired in November and December of 2011 and the one Cadillac Ranch restaurant acquired in May 2012 accounted for approximately $5.9 million of the $8.2 million increase in sales. Total cost of sales before occupancy was $23.5 million in the third quarter of 2012 or 75.3% of revenue compared to prior year third quarter cost of sales before occupancy of $17.6 million or 76.9% of revenue.
Granite City Food & Brewery® Reports 35.7% Increase In Revenue In Third Quarter 2012
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