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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.