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Technical Analysis
- 8/28/2008 1:34:09 PM
By Chip Brian, SmarTrend Analytics Team
After market close yesterday, Bob Evans Farms Inc. (NASDAQ:BOBE) reported 2Q results. Net income for the quarter climbed from $13.5 million or $0.37 a share last year to $15.5 million or $0.45 a share. Revenue increased from $412.7 million last year to $426.3 million. Average menu prices at Bob Evans Restaurants climbed 2.3% while the same-store sales climbed 0.7%. The company reaffirmed its fiscal 2008 earnings of $1.77 to $1.84 a share.
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