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Sales trends worsened during FQ2 for Bob Evans

  • Bob Evans (BOBE) reports same-store restaurant sales fell 1.9% during FQ2 on a trend that worsened during the course of the quarter.
  • The restaurant operator notes remodeled stores performed better than older stores.
  • Cost of sales rose 30 bps to 24.1% of net sales due to increased discount activity and some higher commodity costs.
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