Landry's 3rd-Q loss widens on hurricane costs

HOUSTON Landry's Restaurants Inc., the restaurant, gaming and entertainment-venue operator, reported deeper third quarter losses as a result of declining same-store sales and expenses related to the summer’s hurricanes. For the quarter ended Sept. 30, Landry’s reported a net loss of $17.1 million, or $1.12 per share, compared with a loss of $4.3 million, or 25 cents a share, in the same period a year ago.The company said it recorded $12 million in impairment charges, or 79 cents per ...

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