USA: New World reports 89% increase in 3rd quarter income

By Company Press Release | 14 November 2000

New World Coffee-Manhattan Bagel, Inc. (Nasdaq: NWCI) yesterday reported an 89.4% increase in third quarter earnings before an income tax benefit and an extraordinary item.Income for the 13 weeks ended September 24, 2000 rose to $1,163,198 or $.10 per share, before an income tax benefit. This compared with the $614,314, or $.

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New World Coffee-Manhattan Bagel, Inc. (Nasdaq: NWCI) yesterday reported an 89.4% increase in third quarter earnings before an income tax benefit and an extraordinary item.Income for the 13 weeks ended September 24, 2000 rose to $1,163,198 or $.10 per share, before an income tax benefit. This compared with the $614,314, or $.

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