Logan's Roadhouse widens loss in 1Q

Logan's Roadhouse widens loss in 1Q

Sales, traffic fall as the company moves away from discounting

LRI Holdings Inc., the parent company of Logan’s Roadhouse Inc., reported this week a wider net loss of $13 million in its first quarter. The results came amid declining sales and traffic, as the steakhouse chain eliminates discounts it had relied on for years.

The loss in the first quarter ended Nov. 2 was 7.6-percent lower than the $12.1 million loss the Nashville, Tenn.-based company reported in the same period a year ago.

Same-store sales fell 1.3 percent in the qu

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