HOUSTON Landryâ€™s Restaurants Inc., which is in the midst of a going-private deal with chief executive Tilman Fertitta, reported Friday that the company swung to a profit in its third quarter on cost controls and comparisons to a year-ago when it booked large impairment charges. Landryâ€™s reported profit of $6.7 million, or 42 cents per share, for the quarter ended Sept. 30, compared with a loss of $17.1 million, or $1.06 per share, in the same quarter last year. Asset impairment expenses ...
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Contact: Desiree Torres Desiree.Torres@penton.com