CINCINNATI Frisch's Restaurants Inc. reported a dive in third-quarter profit as severe winter weather hurt sales at its Big Boy family-dining chain. For the quarter ended March 9, Frisch's posted net income of $2.0 million, or 39 cents a share, down more than 40 percent from year-ago earnings of $3.4 million, or 66 cents a share. Last year's third quarter earnings were boosted by an $889,579 settlement of what the company described as "a long-running legal issue."Latest-quarter revenue fell ...
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Contact: Desiree Torres Desiree.Torres@penton.com