WICHITA, Kan., April 5, 2001 (PRIMEZONE) -- Lone Star Steakhouse & Saloon, Inc., "Lone Star" (Nasdaq:STAR) announced that the Board of Directors declared the Company's quarterly cash dividend of $.125 per share payable April 27, 2001 to shareholders of record on April 13, 2001.
The Company plans to release its earnings results for the twelve week first quarter that ended March 20, 2001 on Monday, April 9, 2001.
For interested parties, there will be a conference call with management at 9 a.m. Central Time on Tuesday, April 10, 2001 to discuss the first quarter earnings release. The call in number is (719) 457-2621 and the confirmation code is 761268. A recorded replay of the conference call will be available from 12 p.m. on April 10, 2001 through midnight April 24, 2001. The replay call in number is (719) 457-0820 and the confirmation code is 761268. A listen only connection to the conference call, as well as the replay, will be available on the Internet through the Company's Web site, www.lonestarsteakhouse.com.
Lone Star owns and operates Lone Star Steakhouse & Saloon restaurants; Sullivan's Steakhouse restaurants; and Del Frisco's Double Eagle Steak House restaurants.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes the assumptions underlying the forward-looking statements contained herein, including the development plans of the Company, are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements contained in the press release will prove to be accurate.