Bob Evans Farms cut 60 jobs and shut 18 restaurants during the fourth quarter ended April 24, part of a cost-reduction program that should start yielding savings of $14 million during the quarter currently underway.
Two more restaurants will be closed later this year, the company said.
The struggling family restaurant operator posted positive results for the quarter. Same-store sales rose 2.1 percent, net sales edged upward by 1.6 percent and net income jumped on an adjusted basis by 12.1 percent, to $11.8 million.
The company emphasized that it is continuing the search for a new CEO to succeed Steve Davis, who stepped down in December under pressure from dissatisfied shareholders.