Spending at family-dining restaurants, including Cracker Barrel Old Country Store Inc., Bob Evans Farms Inc. and Denny’s Corp., is improving after a winter-time slump, helping to offset concerns that U.S. consumption may soften.
Treasure-hunter Bob Evans has spent half his life dreaming about the SS Central America, a pre-Civil War steamship decaying in the lightless depths off South Carolina. Now he’s returning to the shipwreck after 23 years.
Bob Evans Farms Inc., owner of the namesake family-restaurant chain, should sell land and buildings to free up cash for its food-products business, share buybacks and dividends, two investors said in a letter.
Bob Evans Farms Inc. , a restaurant operator and sausage maker, said it is closing a pork plant in Galva, Illinois, because of shrinking supplies of U.S. hogs to slaughter. About 70 workers will lose their jobs.