Financial News--Back Yard Burgers, Blockbuster, McDonald's, Papa John's


Memphis, Tennessee-Back Yard Burgers Inc., aquick-service hamburger franchise, announced that total revenuesfor the second quarter of 2001 increased 7.5 percent to $8.3million, the highest quarterly revenues in the history of thecompany. -Business Wire

Dallas-Video-rental chain Blockbuster Inc. reported itssecond-quarter cash earnings nearly doubled to $26.3 million, upfrom $13.8 for the same period in 2000. -Reuters

Oak Brook, Illinois-McDonald's Corp. reported itsthird consecutive quarterly earnings decline, which was expected aslingering concerns over mad cow disease in Europe continued toweigh on profits. Net income in the quarter fell 16 percent to$440.9 million from $525.9 million a year earlier.-Reuters

Birmingham, Alabama-Papa John's franchisee PJ AmericaInc. saw its second-quarter earnings drop 13.8 percent, from $1.1million in 2000 to $914,000 this year. -BirminghamBusiness Journal

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