LRI Holdings Inc., the parent company of Logan’s Roadhouse, plans to drive traffic and sales by opening 20 new restaurants in fiscal 2012 and stressing value in advertisements, company executives said Friday in a call with analysts. The Nashville, Tenn.-based steakhouse chain, with 207 company-owned stores and 26 franchised units, reported in the fourth quarter a 65.3-percent drop in net income from the previous year. Same-store sales for the quarter ended July 31 were ...
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Contact: Desiree Torres Desiree.Torres@penton.com