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 ...
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Contact: Desiree Torres Desiree.Torres@penton.com