COLUMBUS Ohio Bob Evans Farms Inc. stock surged more than 15 percent on Wednesday afternoon after the company beat Wall Street expectations for its fiscal fourth quarter earnings, which were boosted by reduced cost of sales and tighter labor cost controls. The company’s restaurant sales continued to suffer, however. For the quarter ended April 24, Bob Evans’ earnings rose 31 percent to $21.1 million, or 69 cents per share, from earnings of $16.1 million, or 52 cents per share, in the ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!