Ignite swings to profit in 2Q

Ignite swings to profit in 2Q

CEO notes “some cannibalization” of Joe’s Crab Shack sales

Ignite Restaurant Group Inc. reported Thursday swinging to profit in the June 30-ended second quarter compared to last year.

The Houston-based parent to the Romano’s Macaroni Grill, Joe’s Crab Shack and Brick House Tavern + Tap brands said its systemwide same-store sales fell 3.1 percent, while the Brick House chain saw an 8.5-percent increase in same-store sales.

Ray Blanchette, Ignite’s chief executive, said that second-quarter results were challenged by so

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.