CINCINNATI (AP) ¿ Frisch's Restaurants Inc., parent of the Frisch's Big Boy chain, said Tuesday its fiscal third-quarter profit rose 65 percent, helped by better results at its Golden Corral chain.

Profit for the quarter ended March 10 rose to $3.4 million, or 66 cents per share, from $2.1 million, or 40 cents per share, during the same period last year.

Revenue rose 2 percent to $67.7 million from $66.6 million.

The company said new ad campaigns for its Big Boy and Golden Corral restaurants boosted customer traffic, as did more favorable food costs.

A litigation settlement also helped results. In March, Frisch said it would receive $890,000 pretax in the quarter, related to a case against a general contractor that built a Golden Corral Restaurant in 2001.
Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

If you liked this article you might like

What's Behind the Surge in Energy Stocks

Hillary Clinton Says Prosecuting Individuals is Key to Wall Street Reform