HOUSTON Landry’s Restaurants Inc. reported that its first quarter net income fell more than 93 percent, as its interest expense soared and same-store sales remained flat. Net income for the first quarter ended March 31 was $1.5 million, or 10 cents a year, compared with income of $22.1 million, or $1.04 a year, said the restaurant and casino-hotel operator. First quarter revenue rose 3.9 percent, to $294.8 million, which included $70.7 million from Leap Day, the company said. Results ...
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Contact: Desiree Torres Desiree.Torres@penton.com