Frisch’s sees $2.3M net loss in 1Q

Frisch’s Restaurants Inc. swung to a net loss in its first quarter of fiscal 2012, due mostly to a $4 million pretax impairment charge and costs associated with the closure of six Golden Corral units.

Cincinnati-based Frisch’s operates or franchises Frisch’s Big Boy restaurants and is Golden Corral franchisee.

For the quarter ended Sept. 20, Frisch’s recorded a net loss of $2.3 million, or negative 46 cents per share, compared with a $2.7 million net prof

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