date:Nov 04, 2013
system in the third quarter resulting in a record 42 units year to date compared with 35 for the same period in the prior year.
The Company also reduced its outstanding indebtedness by $8.25 million during the third quarter of 2013 and is now less than 2.5 times levered on a trailing four quarter adjusted EBITDA basis.
Jeff ONeill, President and Chief Executive Officer, stated, While industry headwinds and a timing shift on pricing resulted in a comparable store sales decline in the third qua