Landry's expects drop in 2008 revenue

HOUSTON Landry's Restaurants Inc. said Monday it expects a decline in fiscal 2008 revenues after slow sales and losses related to closures and damages from Hurricane Ike last fall.

Landry’s said it expects to report $1.1 billion in total revenues for 2008, which includes $891 million from its restaurant and hospitality division and $253 million from its Golden Nugget properties. In fiscal 2007, Landry's posted $1.17 billion in revenue.


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