Landry’s logs annual loss in overdue fiscal 2006 report

HOUSTON After a months-long delay in filing financial results because of an internal investigation into stock option granting practices, Landry’s Restaurants Inc. filed on Friday its annual report for fiscal 2006 and posted a net loss of $21.8 million on asset impairment charges and losses from discontinued operations. A year earlier, the operator of 179 casual-dining restaurants and casino and entertainment properties had posted a net profit of $44.8 million.

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