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Bob Evans: Home of Profits?

When you think of Bob Evans your mouth might begin to water as you think of sizzling sausage or golden griddle cakes - but are the company's prospects for profits as appealing?

Perhaps.

Last month Bob Evans said quarterly profits grew by 16% with net income growing to $16.1 million, or 52 cents per share, for the quarter ended July 24 from $13.8 million, or 45 cents per share, in the same quarter last year.

However total sales fell 2.5 percent to $429.5 million, as sales at restaurants open at least a year fell at both Bob Evans and the company's Mimi's Cafe locations.

How should you trade this stock going forward? Don't make a move until you've watched our interview with CEO Steven Davis!


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