Although we will provide a few updates to the information in this report on August 10 th at our annual meeting of shareholders, the material contains timely information for both new and existing shareholders we thought many might appreciate access to it now." "Finally, we would like to announce the availability of the 2023 Shareholder Presentation which may be obtained at (or as Exhibit 99.2 to the company's Current Report on Form 8-K filed today, July 10, 2023).
We pivoted to increased value promotion during July, having seen signs of consumer spending weakness, but the cost of that promotion should prove to be more than overcome by the robust increase in sales it generated. "We also continued the efficiencies in operating costs in June that we achieved in the Craft Pizza & Pub segment during April and May. We are now heavily focused on moving these from signed agreements to open units generating ongoing revenue streams. This is an exciting achievement and exceeds the number signed for the entirety of 2022. I am pleased to report that we actually concluded the 2 nd quarter with a total of 41 new franchise agreements so far in 2023. Scott Mobley, Noble Roman's President and CEO, stated, "In our last interim update on June 20 th, we announced that we had so far signed 28 new franchise agreements for our non-traditional segment this year. (OTCQB:NROM), the Indianapolis based franchisor and licensor of Noble Roman's Pizza and Noble Roman's Craft Pizza & Pub, today issued an additional follow-up report on the 2 nd quarter and made public an updated 2023 shareholder presentation. INDIANAPOLIS, IN / ACCESSWIRE / J/ Noble Roman's, Inc.
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