Net income falls on fewer tax gains, company says
Buoyed by the performance of franchised and licensed bakery-cafe locations in the third quarter, multi-brand Einstein Noah Restaurant Group Inc. reported positive systemwide same-store sales and transaction trends for the first time this year. For the Sept. 28-ended quarter, Einstein Noah reported net income of $3.4 million, or 21 cents a share, versus a profit of $60.9 million, or $3.65 a share, in the year-ago period. That 2009 profit included a $56.5 million tax benefit, while the latest ...
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 NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?