Frisch's Restaurants Inc. reported decreased profit and sales for its fourth quarter and fiscal 2010, including the first negative annual same-store sales result at its Big Boy chain in 12 years. For the quarter ended June 1, Frisch's net income totaled $2.6 million, or 51 cents per share, compared with net income of $2.9 million, or 56 cents a share, in the year-ago quarter. Latest quarter revenue was essentially flat, dropping 0.1 percent to $71.1 million. Same-store sales fell 2.7 percent ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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!