FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) June 11, 2003 CHECKERS DRIVE-IN RESTAURANTS, INC. (Exact name of registrant as specified in charter) DELAWARE 0-19649 58-1654960 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) 4300 WEST CYPRESS STREET, SUITE 600, TAMPA FLORIDA 33607 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (813) 283-7000 Former name or former address (if changed since last report) NOT APPLICABLE Item 9. REGULATION FD DISCLOSURE. On June 11, 2003, the Registrant issued a news release entitled "CHECKERS DRIVE-IN UPDATES GUIDANCE," and a copy is being filed herewith as Exhibit 99.1. 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. CHECKERS DRIVE-IN RESTAURANTS, INC. By:_________________________________ Name: David Koehler Title: Vice President and Chief Financial Officer Dated: June 11, 2003 EXHIBIT INDEX Exhibit Number Description 99.1 Press Release, dated June 11, 2003 Exhibit 99.1 CHECKERS DRIVE-IN RESTAURANTS, INC. 4300 West Cypress Street, Suite 600, Tampa, Florida 33607 * (813) 283-7000 * (813) 283-7001 FOR IMMEDIATE RELEASE NEWS RELEASE CONTACT: David Koehler Chief Financial Officer Checkers Drive-In Restaurants, Inc. 813-283-7000 CHECKERS DRIVE-IN UPDATES GUIDANCE - Same-Store Sales Trend Stronger Than Expected TAMPA, FL - June 11, 2003 - CHECKERS DRIVE-IN RESTAURANTS, INC. (CHKR: NASDAQ) announced today that it expects earnings per share for the quarter ended June 16, 2003 to range from $0.26 to $0.28 on a fully diluted basis. As part of these preliminary results, the Company also expects to report second quarter revenues in the range of $45 million to $45.4 million versus $42.7 million for the comparable quarter last year. The second quarter revenue increase is primarily due to improved same stores sales which will likely range from 9% to 10% driven by our successful advertising plan and reducing our average drive-thru service time to the customer. Checkers expects to release final second quarter results on July 10, 2003. Keith Sirois, President and Chief Executive Officer, stated, "We are very pleased with our preliminary results for the second quarter. In my view, it's a byproduct of our ongoing investments in people, technology, and marketing, which converge to deliver a great product at the right price. We look forward to announcing our actual results for the second quarter and addressing the investment community in the coming weeks." About Checkers Drive-In Restaurants, Inc. As of March 24, 2003, Checkers Drive-In Restaurants, Inc. and its franchisees own 398 Checkers(R) operating primarily in the Southeastern United States and 380 Rally's(R) operating primarily in the Midwestern United States. Checkers is headquartered in Tampa, Florida. For more information about the Company, please visit www.checkers.com. For more information about the Company, please visit www.checkers.com. Except for historical information, this announcement contains "forward-looking" and Safe Harbor" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. These forward-looking and Safe Harbor statements reflect management's expectations based upon currently available information and data; however, actual results are subject to future events and uncertainties, which could cause actual results to materially differ from those projected in these statements. Factors that can cause actual results to materially differ include, but are not limited to: the uncertainties associated with litigation; increased advertising, promotions and discounting by competitors which may adversely affect sales; the ability of the company and its franchisees to open new restaurants and operate new and existing restaurants profitability; increases in food, labor, utilities, employee benefits and similar costs; economic and political conditions where the company or its franchisees operate; and new product and concept developments by food industry competitors. Further information regarding factors that could affect the company's financial and other results is included in the company's Forms 10Q and 10K, filed with the Securities and Exchange Commission.