Famous Dave’s 1Q profit soars, sales decline

Famous Dave’s 1Q profit soars, sales decline

Company slashed general and administrative expenses

Though Minneapolis-based Famous Dave’s of America recorded another quarter of negative revenue and same-store sales, the operator or franchisor of the Famous Dave’s barbecue chain greatly increased its net income. The company slashed general and administrative expenses $1.3 million year-over-year. They fell from 15.1 percent of sales in the first quarter of 2013 to 11.9 percent of sales in the most recent quarter. Officials for the 193-unit brand cited harsh winter weather in its

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