Steak n Shake comps, stock surge

INDIANAPOLIS Steak n Shake Co., which operates or franchises 502 namesake family-dining restaurants, reported a large boost in customer traffic and same-store sales for its third quarter, sending its shares up more than 14 percent on Wednesday.

 

For the three months ended July 1, Steak n Shake reported that a 13.4-percent jump in year-over-year guest traffic drove a 5-percent same-store sales increase. The results, which include restaurants open a

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