Skip navigation

Steak n Shake posts $9.8M loss

INDIANAPOLIS The Steak n Shake Co. reported Monday a loss of nearly $10 million for its third quarter as sales fell and impairment charges and restaurant closures eliminated any profit from a year ago.

For the quarter ended July 2, Steak n Shake posted a net loss of $9.8 million, or 35 cents per share, compared with year-ago profit of $124,000, or nil cents per share.

The latest quarter included charges of $14.1 million, or 35 cents per share, related

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.