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Chart House Enterprises / SOLANA BEACH

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Researched by JANICE L. JONES / Los Angeles Times

Nature of business: Parent company of Chart House and Islands restaurants.

Total employees: 5,400

In San Diego County: 846

Stock listing in The Times: On NASDAQ as “ChtHou”

Ticker symbol: “CHT”

Friday’s stock close: $7.63

One-week change: Up $0.62

Analyst review: “Chart House Enterprises is surfacing from a deep recession and a $3.6 million write-down from its unsuccessful Mango’s concept. It is now devoting its resources to Chart House restaurant sales and profitability, expanding Islands and franchising Paradise Bakeries. Having observed the company struggle with other concepts, I believe it has finally uncovered a highly profitable concept. Moreover, I believe it is poised for a significant turnaround in its Chart House restaurants. Trading near an all- time low, these shares offer little downside risk with significant reward for patient investors.”

--David Rose, analyst L.H. Friend, Weinress & Frankson, Irvine Dollar amounts in millions

1st quarter ’90 ’91 ’92 ’92 ’93 Revenue $154 $158 $161 $39.7 $36.6 Profit $6.5 $4.4 $0.3 $0.9 $0.5

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Corporate outlook: “We had a respectable first quarter, in spite of the bad weather. We will continue to scout premier locations, as our goal is to open at least two Chart Houses a year and to eventually expand internationally. Our latest Islands restaurant opened last month and it continues to be a very succcessful concept. In fact, we plan to open five Islands this year and in 1994.” --Harold Gaubert, chief financial officer

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3-YEAR SUMMARY AND YEAR-TO-DATE: RETURN ON STOCKHOLDER INVESTMENT

FISCAL YEAR ENDING DEC. 31 DEC. 31 DEC. 31 1st QTR. ’90 ’91 ’92 ’92 52-week high $14.36 $11.36 $13.00 $13.00 52-week low $8.00 $8.00 $6.00 $8.25 Book value per share $7.46 $7.92 $10.56 $10.62 Price per share $9.25 $ 8.50 $ 6.63 $9.63 Net profit per share $.80 $.54 $.04 $0.11 Price-to-earnings ratio 3:1 4:1 41:1 21:1 Avg. return on investor equity 10.7% 6.7% 0.4% 1.3%

FISCAL YEAR ENDING 1st QTR. ’93 52-week high $6.88 52-week low $5.50 Book value per share $8.04 Price per share $5.88 Net profit per share $0.07 Price-to-earnings ratio 21:1 Avg. return on investor equity 0.7%

For more information call or write, Chart House Enterprises: 115 S. Acacia Ave., Solana Beach, Calif. 92075. (619) 755-8282

Source: Chart House Enterprises; Bloomberg Business News.

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