Einstein Noah 3Q profit jumps nearly 18%

Einstein Noah 3Q profit jumps nearly 18%

Einstein Noah Restaurant Group Inc., parent to the Einstein Bros. Bagels, Noah’s New York Bagels and Manhattan Bagels brands, reported a nearly 18-percent increase in net income for the third quarter ended Oct. 1.

Economic headwinds and a shift in pricing resulted in a same-store sales decline for the quarter, but the company said its focus on “everyday value” and improving operations will drive transactions and build momentum as consumer spending improves.

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