Frischs Restaurants Inc (FRS) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, June 2, 2015

Exhibit 99.1

FOR IMMEDIATE RELEASE

Company Contact:

Mark R. Lanning

Vice President-Finance and CFO

Frisch’s Restaurants, Inc.

2800 Gilbert Avenue

Cincinnati, OH 45206

(513) 559-5200

www.frischs.com

investor.relations@frischs.com

Frisch’s Reports Annual and Fourth Quarter Fiscal 2015 Results

CINCINNATI, Ohio —August 14, 2015 — Frisch’s Restaurants, Inc. (NYSE MKT: FRS) reported revenue of $211,893,000 for the fiscal year ended June 2, 2015 (fiscal 2015, a 52 week period), representing a $2,720,000 or 1.3 percent increase over the prior fiscal year (fiscal 2014, a 53 week period). Net earnings for the year increased $483,000 or 5.1 percent to $9,955,000 ($1.94 diluted earnings per share) compared to $9,472,000 ($1.86 diluted earnings per share) last year.

The additional week in fiscal 2014 contributed $3,963,000 to revenue in fiscal 2014, which yielded an estimated $737,000 in pretax earnings. Excluding the impact of the extra week in fiscal 2014, revenues in fiscal 2015 increased $6,683,000 or 3.3 percent and pretax earnings increased $3,414,000 or 35.6 percent. Net earnings for fiscal year 2014 also received the benefit of a much lower effective tax rate, which resulted from certain tax planning strategies.

For the fourth quarter of fiscal 2015 (12 weeks), revenue decreased $3,338,000 or 6.2 percent to $50,221,000 from $53,559,000 in the fourth quarter of fiscal 2014 (13 weeks). The decrease was due the effect of last year’s extra week. Net earnings decreased $1,022,000 or 28.8 percent in the fourth quarter of fiscal 2015 to $2,530,000 ($0.50 diluted earnings per share) compared to $3,552,000 ($0.70 diluted earnings per share) in the fourth quarter of fiscal 2014, which consisted of 13 weeks.

Disregarding the impact of the extra week in the prior year’s fourth quarter as discussed above, fourth quarter revenues increased $625,000 or 1.3 percent and pretax earnings increased $427,000 or 16.0 percent. Same store sales increased 2.5 percent in the fourth quarter of fiscal 2015 compared to the fourth quarter of the prior year.

The margin from restaurant operating income in the fourth quarter of fiscal 2015 improved to 14.5 percent from 11.7 percent in the prior year on lower food costs, payroll and health care costs. Administrative and advertising expense, a component of operating income, increased over $1,250,000 from the incurrence of professional fees associated with the announced sale of the Company.