Shells overcame several external challenges during 2005, including hurricanes which further affected the economy, Florida tourism and energy costs. However, we're very pleased by the enthusiastic customer response we're receiving from Shells improved menu, service and remodeling program. |
The investments we made during fiscal 2005 to dramatically improve the appearance and atmosphere of our restaurants are critical to building a strong future for Shells. We've made significant progress in improving our concept and our restaurants, as well as investing in our people as we construct a stronger platform for growth. We believe that the positive sales momentum we're sustaining will translate into improved earnings over time. |