Stalled spending leads to lean 3rd-Q earnings

Stalled spending leads to lean 3rd-Q earnings

NEW YORK —Since January restaurant companies have looked forward to the third and fourth quarters as providing a respite from their ongoing sales and profit woes. But so far that respite has failed to materialize.

With the much-hoped-for-rebound in consumer spending nowhere in sight, even easier year-to-year comparisons did not help to smooth the rocky start of the third-quarter earnings season. Some companies,

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