Bob Evans Farms Inc., owner of an eponymous restaurant chain as well as Mimi's Cafe, reported Tuesday that its second-quarter revenue and net income fell. The company beat its own guidance, however, and raised its forecast for the fiscal year.
In the quarter that ended Oct. 29, 2010, the company's earnings fell to $7.8 million, or 26 cents per share, from $15.5 million, or 50 cents per share, a year ago. Analysts, on average, were expecting earnings of 40 cents per share, excluding one-time items, according to Thomson Reuters.
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