Sales decline steeply at Joe’s Crab Shack and Brick House
Ignite Restaurant Group saw sales decline steeply at both its Joe’s Crab Shack and Brick House Tavern + Tap brands in its first quarter ended April 3, the company reported Tuesday.
The Houston-based casual-dining company, which in April announced it was looking for a buyer and considering bankruptcy protection, said performance at both full-service brands declined in quarter, with Joe’s reporting a 14.3 percent decline in same-store sales and Brick House booking a 12.6 percent drop.
“The sales declines are primarily due to decreased guest traffic,” Ignite said in its Securities and Exchange Commission filings. “In order to reverse these negative