GB Foods Corp.: The Anaheim operator and...
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GB Foods Corp.: The Anaheim operator and franchiser of Green Burrito restaurants said it lost $384,935, or 8 cents a share, for the first quarter, contrasted with a profit of $23,612, or less than 1 cent a share, for the first three months last year. Quarterly revenue decreased 7% to $1.3 million from $1.4 million. The company attributed the decline to the sale or closure of two company-owned restaurants in April, 1993.
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