Bob Evans profits fall 90 percent Bob Evans

Bob Evans profits fall 90 percent

Family-dining chain's same-store sales fall 3 percent

Bob Evans Farms Inc. said on Tuesday that its net income fell nearly 90 percent in the company’s fiscal fourth quarter ended April 29 as sales fell and labor costs increased.

Net income for the period was $580,000, or 3 cents per share, down from $5.6 million or 24 cents a year ago.

Same-store sales fell 3 percent in the period, worsening each month of the quarter from down 1.1 percent in February to a decline of 4.9 percent in April.

In addition, labor cos

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