other material
confidence high
sentiment neutral
materiality 0.50
Noble Roman's signs 41 franchise agreements YTD 2023; interim Q2 update notes cost efficiencies
NOBLE ROMANS INC
- Signed 41 new franchise agreements in first half 2023, exceeding the 37 signed for all of 2022.
- Achieved continued operating cost efficiencies in Craft Pizza & Pub segment during June.
- Pivoted to increased value promotion in July amid signs of consumer spending weakness; expects promotion cost offset by higher sales.
- Published 2023 shareholder presentation available at www.nrom.info/presentation.