>The Steak n Shake Company Reports Fiscal Second Quarter 2009 Results

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>Net earnings for the second quarter of fiscal year 2009 were $2.3 million,
or $0.08 per diluted share, contrasted to a net loss of ($2.8 million), or
($0.10) per diluted share in the second quarter of fiscal year 2008.
Quarterly same-store sales increased 2.4% due to an increase in guest
traffic of 7.8%, offset by a 5.4% contraction in the average guest check.
Net sales decreased 0.7% from $189.3 million to $188.0 million in the
current quarter because Steak n Shake operated 21 fewer company-owned
restaurants following the closure and refranchising of certain units after
the same period in the previous year.

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