SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
Pursuant to Section 13(d) of The Securities Exchange Act of 1934
Date of Report: November 14, 2000 Commission File No. 0-1830
BOWL AMERICA INCORPORATED
(exact name of registrant as specfied in charter)
STATE OF MARYLAND 54-0646173
(State of Incorporation) (I.R.S. Employer Identification No.)
6446 Edsall Road, Alexandria, VA 22312
(Address of Principal Executive Office Zip Code)
703-941-6300
(Registrant's Telephone Number, Including Area Code)
INFORMATION TO BE INCLUDED IN REPORT
ITEM 5. OTHER EVENTS
Text of Press Release dated November 14, 2000
Record First Quarter Profit at Bowl America
Bowl America reported earnings of $.12 per share, the highest for
any first quarter in its history, and double the earnings from last
years record first quarter. This was the thirteenth consecutive
year-to-year quarterly earnings improvement.
This years earnings include an after tax profit of $138,000 as a
result of the cash payment received in the AT&T/Media One merger,
against $31,000 from the Vodafone/AirTouch merger last year. Bowl
America holds telecommunications stocks in its expansion reserve.
It also acquired 130,000 of its own Class B shares as part of a
stock repurchse program.
Bowling competes with a variety of recreational activities, many of
which are dependent on good weather. The rainy July benefited Bowl
America, although this will be offset by the second driest October in
history. The closing of one bowling center after the end of the
quarter should have no significant effect on earnings comparisions.
Bowl America operates 21 bowling centers in Maryland, Virginia and
Florida and its stock trades on the American Stock Exchange with the
symbol BWLA. The Company's SEC Form 10Q is available at www.sec.gov
on the Edgar System.
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 hereunto duly authorized.
BOWL AMERICA INCORPORATED
Registrant
Leslie H. Goldberg
Leslie H. Goldberg
President
Date: November 14, 2000
