(For more retail coverage, click GlobeSt.com/RETAIL.)

(To read more on the debt and equity markets, click here.)

MINNEAPOLIS-Famous Dave's of America Inc. on Wednesday said its second-quarter profit nearly doubled, topping Wall Street estimates and sending the company's shares sharply higher.

The company is on track to open from 25 to 30 restaurants this year, after having opening nine in the second quarter and five in the first quarter of this fiscal year, said David Goronkin, president and chief executive officer of Famous Dave's. "Next year's new restaurant growth will be similar to this year's," Goronkin said during an earnings call with securities analysts Thursday. He said he would likely comment further on next year's growth plans during the third quarter conference call.

Recommended For You

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.