Famous Dave’s of America Inc. credited restructuring efforts and more efficient marketing for driving positive results in net income, revenue and same-store sales in its June 30-ended second quarter. The Minneapolis-based brand also opened its first restaurant in Puerto Rico during the quarter and is on pace to open a total of two corporate units and nine franchised locations in 2013.
Result: $2.1 million, or 27 cents per share % Increase: 10.5% (from $1.9 million, or 25 cents per share)
Result: $43.4 million % Increase: 5.1% (from $41.3 million)
% Increase: 3.8% at company-owned units
% Decline: 1.9% at franchised locations