Bob Evans tallies cuts: 60 jobs, 18 units

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.


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