Significant Increase in Net Income Before Taxes
Net income before taxes was $490,000 for the quarter, compared to $56,000 in the same period last year.
Revenue Growth
Total revenue increased by 4.5% for the quarter compared to the previous year.
Improvement in Same-Store Sales
Same-store sales in the Craft Pizza & Pub were up 4.5%, outpacing competitors like Pizza Hut, which saw a decline of about 5%.
Increased Margins
Margins at the Craft Pizza & Pub increased to 13.6% from 11% a year ago.
EBITDA Growth
Trailing 12-month EBITDA increased from $3.06 million at the end of 2024 to $3.5 million at the end of Q2 2025.
Successful Cost Management
Administrative expenses were cut by over $300,000 in the first half of the year.
Cheese Price Relief Anticipated
Cheese prices, which had been a significant cost pressure, have recently declined, offering potential relief in the future.