Bob Evans Farms Inc. cited lower sales and higher costs, particularly for sows, as it reported a 22.1-percent dive in first-quarter net income. The Columbus, Ohio-based restaurant operator and sausage maker had net income of $12.5 million, or 41 cents per share, for the July 30-ended quarter, compared with year-ago earnings of $16.1 million, or 52 cents per share. Bob Evans' first quarter revenue declined 3.9 percent to $412.6 million, reflecting a 4.7-percent decline in restaurant ...
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!