INDIANAPOLIS The Steak n Shake Co., which operates or franchises 485 family-dining restaurants, reported this week its third consecutive quarter of profitability, on a same-store sales increase driven by a 20-percent surge in traffic. For the quarter ended Sept. 30, Steak n Shake said its same-store sales rose 10 percent from the same quarter a year ago. The surge helped revenue rise 15 percent to $160 million. The company’s net income totaled $3.4 million, or 12 cents ...
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Contact: Desiree Torres Desiree.Torres@penton.com