Bob Evans Farms Inc. announced its financial results for the fiscal 2016 first quarter ended Friday, July 24, 2015. On a GAAP basis, the company reported net income of $4.3 million, or $0.19 per diluted share, compared with a net loss of $1.0 million, or $0.04 per diluted share, in the corresponding period last year.
Bob Evans Restaurants’ net sales were $238.7 million, a decline of $1.5 million, or 0.6 percent, compared to net sales of $240.2 million in the corresponding period last year. Same-store sales declined 0.3 percent in the quarter, below the national Knapp-Track family dining index increase of 2.5 percent. Bob Evans closed 18 restaurants during the first quarter.