Frisch's Restaurants Inc. (FRS) reported that its third-quarter net earnings declined to $1.75 million or $0.34 per share, from $2.81 million or $0.57 per share in the same quarter last year. Last year's third quarter included results from discontinued operations, which contributed $1.10 million $0.22 earnings per share.
Earnings from continuing operations for the quarter increased 1.9 percent to $1.75 million, up from $1.71 million in last year's third quarter. Earnings per share from continuing operations were $0.34 per share compared with $0.35 per share last year.
Sales for the quarter declined to $45.77 million from $46.28 million in the prior year 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.