Famous Dave’s retires debt, terminates leases

MINNEAPOLIS Famous Dave’s of America Inc., operator or franchisor of 176 barbecue restaurants, said last week it has paid down debt to reduce interest expense and closed on lease terminations for two locations in Atlanta.

The moves resulted in a 3-cents-per-share charge for early termination on a portion of its debt, and a 3-cents-per-share gain on reduced asset impairment costs for the terminated leases. Famous Dave’s will report its full second-quarter results on

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