Bob Evans Farms Inc. (BOBE) reported that its third-quarter net income was $17.97 million or $0.58 per share, compared to a loss of $51.37 million or $1.67 per share in the same quarter last year.
The Company reported consolidated operating income of $28.4 million in the third quarter of fiscal 2010, compared to a reported operating loss of $46.4 million in the third quarter of fiscal 2009.
Net sales were $429.8 million, down 3.1% from $443.8 million in the third quarter of fiscal 2009. Analysts polled by Thomson Reuters expected the company to report revenues of $438.11 million for the quarter. Analysts' estimates typically exclude special items.
The Company reaffirmed its estimate for reported fiscal 2010 operating income of about $110 million to $115 million. The outlook for fiscal 2010 includes the impact of a 53rd week, which the Company estimates will contribute an incremental $31 million in net sales and $5 million in operating income.
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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.