Bojangles’ 1Q same-store sales rise 7.9%

Net income falls due to IPO expenses

Bojangles’ Inc. reported a same-store sales increase of 7.9 percent during the first quarter ended March 29, its 20th consecutive quarter of positive sales.

Net income at the Charlotte, N.C.-based quick-service chicken operator fell $3.4 million during the quarter, from $5 million the previous year. Profit narrowed largely due to Bojangles’ initial public offering in May, which cost the company $2.7 million in general and administrative expenses.

The sales result “cont

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