MINNETONKA Minn. Famous Daveâ€™s of America Inc. swung to a third-quarter profit from a loss in the same quarter a year ago on better cost controls and lower impairment charges, the company reported. It saw revenue dip, however, as systemwide same-store sales remained negative.The Minnetonka-based company said net income for the quarter ended Sept. 27 totaled $1.2 million, or 13 cents per share, versus a net loss of $763,000, or 8 cents a share, in the prior yearâ€™s third quarter.Asset ...
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Contact: Desiree Torres Desiree.Torres@penton.com