Steak House Del Frisco’s 2Q Net Income Triples
SOUTHLAKE (AP) – Steak house chain Del Frisco’s Restaurant Group Inc. says its second-quarter net income more than tripled to $3.6 million.
The Southlake-based company said Tuesday that more diners visited its Del Frisco’s Double Eagle restaurants and spent more on their meals.
The company, which went public August 1, said its profit for the quarter that ended June 12 amounted to 20 cents per share and compared with net income of $1 million, or 6 cents per share, in the same quarter last year.
Revenue jumped 18 percent to $51.3 million from $43.5 million.
As of June 12, Del Frisco’s owned and operated 32 restaurants in 18 states.
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