Company reports drop in 2Q profit on slow sales, impairment charges
Executives at Bob Evans Farms Inc. told investors that a push for carryout sales at the company’s namesake chain and streamlined operations at Mimi's Café are expected to reverse falling sales at both brands by the end of the year. The call with investors Wednesday came after the Columbus, Ohio-based company cited slow sales and heavy impairment charges for a drop in second-quarter profit. For the quarter ended Oct. 29, Bob Evans recorded net income of $7.8 million, or 26 ...
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Contact: Desiree Torres Desiree.Torres@penton.com