Famous Dave’s: End of discounting drags down 4Q sales

Famous Dave’s: End of discounting drags down 4Q sales

Same-store sales fell 4 percent at corporate units, 2.4 percent at franchises

Famous Dave’s of America Inc. reported a 4-percent same-store sales decline at company-owned restaurants during the fourth quarter, which executives attributed to the end of its discounting strategy, the company said Thursday.

Same-store sales at franchised locations fell 2.4 percent during the quarter. Additionally, the impairment of three other company-owned locations led to a $3.9 million impairment charge during the quarter ended Dec. 28, which contributed to a $2.5 million

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