Landry’s Restaurants Inc., the gaming, restaurant and hospitality company, said Monday its first-quarter profit doubled on beneficial one-time items even as sales continued to suffer. Landry’s reported net income of $14.3 million, or 87 cents a share, for the quarter ended March 31, compared with earnings of $7.1 million, or 37 cents a share, in the same quarter a year ago. Income from continuing operations, which excludes gains of debt repurchases and insurance proceeds, totaled ...
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Contact: Desiree Torres Desiree.Torres@penton.com