Logan’s Roadhouse 1Q same-store sales decline

LRI Holdings Inc. reported higher net sales and a smaller net loss on Monday for the first quarter of fiscal 2012, but said decreasing traffic at its Logan’s Roadhouse casual-dining chain produced negative same-store sales.

The Nashville, Tenn.-based company said it lost $3.3 million for the quarter ended Oct. 30, compared with a loss of $6.3 million in the same quarter a year ago.

First-quarter same-store sales at company restaurants decreased 1.7 percent, comp

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