Landry's Seafood's 2nd-Quarter Net Income Rose 46%
Landry's Seafood Restaurants Inc. - Houston
2nd Quar June 30:
1998 1997
Revenue $111,039,000 $81,182,000
Net income 11,644,000 8,002,000
Avg shrs (basic) 30,300,000 25,300,000
Avg shrs (diluted) 31,050,000 26,300,000
Shr earns (basic)
Net income .38 .31
Shr earns (diluted)
Net income .38 .30
Landry's Seafood Restaurants (LDRY) said the unseasonably mild winter
had a positive impact on first-quarter sales; however, the extreme
summer heat throughout the South and Southwest has affected the
company's patio dining in the second quarter and early on in the third
quarter.
Landry's Seafood Restaurants is a full-service seafood restaurant
chain.
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