From Nation's Restaurant News enews update (8/13):
Landry’s says 2nd-Q profits nearly double
"HOUSTON (Aug. 8, 2008) Landry’s Restaurants Inc., the restaurant and casino operator that is in the midst of a going-private buyout by its chief executive, on Friday reported that its second quarter net income nearly doubled from a year ago.
For the quarter ended June 30, Landry’s net income totaled $13.9 million, or 90 cents a share, from $6.9 million, or 33 cents a share, in the year-ago quarter.
Latest-quarter revenue rose 1.1 percent to $311.4 million. Same-store sales for the company’s restaurants, which include such brands as Rainforest Cafe, Saltgrass Steakhouse and Landry’s Seafood House, fell 2.5 percent." ...
for the complete story
Wednesday, August 13, 2008
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