UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) April 10, 2002
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Commission File Number: 000-17962
Applebee's International, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 43-1461763
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
4551 W. 107th Street, Suite 100, Overland Park, Kansas 66207
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(Address of principal executive offices and zip code)
(913) 967-4000
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(Registrant's telephone number, including area code)
None
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(Former name or former address, if changed since last report)
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Item 5. Other Events
On April 10, 2002, Applebee's International, Inc. and Panera Bread Company
issued a press release entitled "Applebee's International and Panera Bread
Clarify Comments Made at Banc of America Securities Consumer Conference." The
press release contained the following information.
FOR IMMEDIATE RELEASE
Contacts: Applebee's - Carol DiRaimo
Director of Investor Relations
(913) 967-4109
Panera Bread Company - Bill Moreton
Chief Financial Officer
(314) 633-7123
Applebee's International and Panera Bread Clarify Comments
Made at Banc of America Securities Consumer Conference
Overland Park, Kan. and St. louis, Mo., April 10, 2002 -- Applebee's
International, Inc. (Nasdaq:APPB) and Panera Bread Company (Nasdaq:PNRA) today
clarified comments made at the Banc of America Securities Consumer Conference on
Tuesday, April 9, 2002. An article published by Dow Jones Newswires contained
certain comments made by Steve Lumpkin, Applebee's chief financial officer,
which if taken out of full context, may be misinterpreted.
In response to a question, Mr. Lumpkin noted that Applebee's franchise
agreements permit franchisees to operate other concepts that do not compete
directly with Applebee's in menu or method of operation. He also noted that
Applebee's and Panera Bread were complementary concepts, and that Applebee's was
currently working cooperatively on a few restaurant development projects where
Applebee's and Panera are being built right next to each other. Clarifying this
situation, Mr. Lumpkin commented today that "there is no formal agreement or
joint venture between the two companies. There are a few instances where both
companies happen to be developing restaurants in the same real estate project."
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
APPLEBEE'S INTERNATIONAL, INC.
(Registrant)
Date: April 10, 2002 By: /s/ Steven K. Lumpkin
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Steven K. Lumpkin
Executive Vice President and
Chief Financial Officer
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