Clyde's, DC area operator of 14 restaurants, expects strong finish to the year
SEAFOODNEWS.COM [Market News International] - October 16, 2014
At a constellation of 14 full-service restaurants in the Washington, D.C. area, revenue growth is building, but remains modest overall in 2014. Clyde's Restaurant Group operates one the nation's top-grossing independent restaurants, Old Ebbitt Grill, as well as multiple Clyde's locations, The Hamilton and 1789.
"It seems as though we've got some momentum," said Jeff Owens, chief financial officer at Clyde's Restaurant Group, which operates one the nation's top-grossing independent restaurants, Old Ebbitt Grill, as well as multiple Clyde's locations, The Hamilton and 1789.
"September was the biggest increase of the year, up 4%, and it looks like October is starting out at the same pace," Owens said. He expects a strong finish to the year for Clyde's, pushing total-year sales up just slightly over 2013 when the winter-frozen first quarter is factored in...
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