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 ...
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!
Questions about your account or how to access content?