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Non-Tech : Landry's Seafood (LDRY) -- Ignore unavailable to you. Want to Upgrade?


To: Brian H. who wrote (66)11/6/1998 9:11:00 AM
From: David Lawrence  Respond to of 81
 
Landry's Seafood's 3rd-Quarter Net Income Fell 12%

Landry's Seafood Restaurants Inc. - Houston
3rd Quar Sept. 30:
1998 1997
Revenue $109,353,000 $89,808,000
Net income 7,588,000 8,574,000
Avg shrs (basic) 30,350,000 25,600,000
Avg shrs (diluted) 30,350,000 26,920,000
Shr earns (basic)
Net income .25 .33
Shr earns (diluted)
Net income .25 .32
Landry's Seafood Restaurants Inc. (LDRY) said third-quarter same-store
sales fell 9%.
The company said Tropical Storm Frances and Hurricanes Bonnie, Earl
and Georges accounted for at least $2.5 million of lost sales during the
quarter.
Landry's Seafood expects to record a fourth-quarter charge related to
a new accounting standard for pre-opening costs.
Copyright (c) 1998 Dow Jones & Company, Inc.



To: Brian H. who wrote (66)11/7/1998 12:06:00 PM
From: Mike Denman  Read Replies (1) | Respond to of 81
 
The Yahoo board is more active if you like to read opinions (informed and un-informed). LDRY has some real cheerleaders over there.

messages.yahoo.com

From a technical point of view LDRY is showing some real strength. If Fridays downturn doesn't continue then some real gains could be obtained over the next quarter or two.