CINCINNATI Frischâ€™s Restaurants Inc. reported Tuesday that higher food costs and soft sales, particularly within its Golden Corral buffets, lowered the companyâ€™s net earnings for the second quarter ended Dec. 11 by 22.8 percent, to $2.2 million, compared with a year earlier. Revenues rose 1.4 percent, to $69.2 million, the company said. For the same quarter of a year ago, Frischâ€™s had reported a 66.9-percent jump in net earnings, to $2.8 million, on a 2-percent rise in revenues, to ...
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?