Frisch's Restaurants Inc. (FRS) reported that its third-quarter net earnings increased 51.6 percent to $2.81 million from $1.86 million last year, as a result of increased sales, improved margins and a lower effective tax rate. Net earnings increased 54.1 percent to $0.57 per share, from $0.37 per share last year.
Revenue increased 1.4 percent to $68.41 million from $67.49 million in last year's third quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.