INDIANAPOLIS Steak n Shake Co.’s stock price tumbled Friday, a day after the company reported a loss of $1.2 million, or 4 cents per share, for its latest quarter ended Dec. 19, versus a profit of $4.2 million, or 15 cents per share, a year earlier. Revenues for the latest first quarter were $136.4 million, down 7.4 percent from $147.3 million a year earlier. Same-store sales at corporate units fell 9.5 percent for the quarter, compared with a decline of 1.7 percent for ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com