Logan’s Roadhouse 2Q same-store sales rise

Logan’s Roadhouse 2Q same-store sales rise

Steep debt contributes to wider net loss

Logan’s Roadhouse’s same-store sales rose 0.1 percent in the second quarter, its first positive same-store sales result in 13 quarters, parent company LRI Holdings Inc. said on Thursday.

But the result was not enough to keep the company from widening its losses. LRI reported a net loss of $11.9 million in the quarter ended Feb. 1, 32 percent wider than the previous year, when the company lost less than $9 million.

Revenue increased 0.8 percent for the quarter, to $154.

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