Bob Evans Farms Inc. reported a net loss of $1 million, or 4 cents per share, in its first quarter ended July 25, along with slight decreases in revenue and same-store sales. Additionally, four nominees put forth by activist investor Sandell Asset Management Corp. will join Bob Evans’ 12-member board. The New Albany, Ohio-based family-dining operator cited “economic headwinds” in Bob Evans’ core markets in the Midwest, and that “advertising and promotional ...
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Contact: Desiree Torres Desiree.Torres@penton.com