Bob Evans' 1Q profit falls

Company cites slow restaurant sales and high pork costs

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 dec

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.