Vogel out at Logan’s

Private-equity owner brings in ex-McDonald’s, Boston Market exec
Feb 20, 2013 2:58 PM

Logan's losses grow

Drop in traffic, absence of tax benefit means red ink more than triples
Dec 17, 2012 2:27 PM

Logan's forecast for food inflation

Logan's Roadhouse executives expect that their commodity costs will rise between 3 percent and 5 percent in their fiscal 2013, which kicked off Aug. 1. That's less than the increase their peers at Cracker Barrel fear but still an important issue. It's also probably more than Logan's CEO Tom Vogel and his team will be able to hike prices given that customer traffic fell almost 5 percent in fiscal 2012.

Nov 2, 2012 6:40 AM

Earnings wrap: Logan's, Franklin Synergy

Goodwill charges, traffic drops mar restaurant chain's numbers; Williamson bank up 48% from '11
Oct 26, 2012 7:07 AM

Former Wendy's president named to Logan's board

The private-equity owners of Nashville-based Logan's Roadhouse this week added David Karam to the chain's board of directors. Karam, a longtime Wendy's franchisee, was that company's North American president until November 2011. He also was elected chairman of the Sbarro's board of directors in February of this year.

Sep 20, 2012 7:02 AM

Lenders give Logan's debt breathing room, tighten reins on spending

Nashville-based Logan's Roadhouse and banks JPMorgan and Credit Suisse last week amended the terms of the restaurant chain's $30 million debt agreement to give it more breathing room regarding its debt load. Logan's, which had $395 million in long-term debt — more than 1.6 times its equity — as of late April, can now finish its fiscal 2013 with total debt that is six times its adjusted EBITDA. That's up from 5x before.

Similarly, the company's allowed ratio of operating earnings to interest expenses has come down. In return, the amendment to the two-year-old contract limits Logan's annual capital spending to $35 million in fiscal 2013, down from $60 million. That number will stairstep up back to $55 million by fiscal 2016.

Sep 11, 2012 9:44 AM

Earnings wrap: Logan's, First Farmers

Dining chain’s same-store numbers stay in red, community bank profits climb 5% from late 2010
Mar 13, 2012 6:57 AM

Soft winter set to help restaurant earnings

This year's very mild winter has been a marked change from a year ago and that could help many restaurant chains post strong quarterly earnings in the coming months. KapitallWire has more details and statistics.

SEE ALSO: Cracker Barrel Q2 beats by 6 cents

Feb 29, 2012 1:52 PM

Hunger pains

Already struggling with customer counts, Middle Tennessee-based restaurant chains also face higher food costs in 2012
Jan 12, 2012 7:10 AM
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Traffic drop keeps Logan's in red

Same-store sales off 1.7% despite price hikes
Dec 13, 2011 12:20 PM