LRI Holdings Inc., the parent company of Logan’s Roadhouse, said higher commodity costs and weakening traffic contributed to a steep drop in profits in the fourth quarter. The steakhouse chain reported a 65.3-percent drop in net income to $1.7 million from $4.9 million in the same quarter last year. For the quarter ended July 31, Logan’s revenue rose 7 percent to $151.5 million from $141.5 million in the year-ago period. The chain reported that same-store sales for the ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

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 

Already registered? here.