What New Leadership at McDonald’s Means for Shareholders
Fast-food chain McDonald’s (NYS: MCD) will say goodbye to Chief Executive Officer Jim Skinner on June 30 after nearly eight…
Tag: Restaurant Financials
Frisch’s Announces Golden Corral Franchising’s Exercise of Its Right of First Refusal to Purchase Golden Corral Units
Cincinnati, OH (RestaurantNews.com) Frisch’s Restaurants, Inc. (NYSE Amex: FRS) today announced that Golden Corral Franchising Systems, Inc. has exercised its…
McDonald’s CEO Jim Skinner to Retire; Board Elects Don Thompson as Successor
Oak Brook, IL (RestaurantNews.com) McDonald’s Corporation (NYSE: MCD) today announced that Vice Chairman and Chief Executive Officer Jim Skinner has…
Benihana Seen Luring Richest Restaurant Deal Since ’07
Benihana Inc. needs to persuade potential acquirers that revived profits and sales at its Japanese-themed eateries are enough to justify…
Why Golden Corral didn’t work for Frisch’s
Monday’s announcement that Frisch’s Restaurants Inc. will sell off 29 remaining Golden Corral buffet eateries marks the end of a…
Burger King Holdings, Inc. Reports Fourth Quarter and Full Year Results
Miami, FL (RestaurantNews.com) Burger King Holdings, Inc. (the “Company”) today reported its financial results for the quarter and year ended…
Benihana Announces Exploration of Strategic Alternatives
Miami, FL (RestaurantNews.com) Benihana Inc. (NASDAQ GS: BNHN), operator of the nation’s largest chain of Japanese theme and sushi restaurants,…
Granite City Reports 7.2% Increase in Revenue in Fourth Quarter 2011
Granite City Restaurant Comp Sales Increase 3.6% in Fourth Quarter; Fiscal Year 2011 Sales Increase 4.4% Minneapolis, MN (RestaurantNews.com) Granite…
Frisch’s Announces Agreement to Sell Its Golden Corral Business Segment
Cincinnati, OH (RestaurantNews.com) Frisch’s Restaurants, Inc. (NYSE Amex: FRS) today announced that it has entered into an asset purchase agreement…
McDonald’s February Global Comparable Sales Rise 7.5%
Oak Brook, IL (RestaurantNews.com) McDonald’s Corporation (NYSE: MCD) today announced global comparable sales growth of 7.5% in February. Systemwide sales for…
AFC Reports Fiscal 2011 Results; Provides Fiscal 2012 Guidance
Atlanta, GA (RestaurantNews.com) AFC Enterprises, Inc. (NASDAQ: AFCE), the franchisor and operator of Popeyes® restaurants, today reported results for fiscal…
AFC Enterprises Names Bower President – U.S. of Popeyes
Atlanta, GA (Restaurant News) AFC Enterprises, Inc. (NASDAQ: AFCE), the franchisor and operator of Popeyes® restaurants, today announced that U.S.…
DineEquity, Inc. Announces Solid Fourth Quarter and Fiscal 2011 Results
Strong Cash Flow Drives Major Debt Reduction Glendale, CA (Restaurant News) DineEquity, Inc. (NYSE: DIN), the parent company of Applebee’s…
DineEquity, Inc. Provides Financial Outlook for Fiscal 2012
Highly Franchised Business Model Generates Solid Free Cash Flow Glendale, CA (Restaurant News) DineEquity, Inc. (NYSE: DIN), the parent company…
The Wendy’s Company Reports Audited Fourth-Quarter and Full-Year Results for 2011
Full-Year North America Company-Operated Same-Store Sales Increased 2.0% in 2011 Company’s U.S. Average Unit Volume for 2011 Reaches All-Time High…
Indevia Accounting Brings Cost Efficient Systems to Restaurant Businesses
La Jolla, CA (RestaurantNews.com) Born and raised in India, Dev Purkayastha was always fascinated with business, even at a young…
Cosi, Inc. Regains Compliance With Nasdaq Listing Standards
Deerfield, IL (RestaurantNews.com) Così, Inc. (NASDAQ: COSI), the fast casual restaurant company, today announced that it has received notice from…
McDonald’s Delivers A January Comparable Sales Increase Of 6.7%
Oak Brook, IL (RestaurantNews.com) McDonald’s Corporation (NYSE: MCD) today announced global comparable sales growth of 6.7% in January. Performance by segment…
Granite City Food & Brewery Receives NASDAQ Delisting Notice
Company to Seek Hearing Before Listing Qualifications Panel Minneapolis, MN (RestaurantNews.com) Granite City Food & Brewery Ltd. (NASDAQ: GCFB) announced…
Jamba Hosts “Give Your Day A Boost” All-Natural Energy Drink Give Away
Select Jamba Juice Outlets Across the Nation Will Give Away Free Samples of Nestlé® Jamba® All-Natural Energy Beverages to Lucky…
Buffets, Inc. Reaches Restructuring Agreement to Eliminate Outstanding Debt and Strengthen Balance Sheet
Recapitalization via consensual agreement with senior lenders holding 83% of senior debt will convert approximately $245 million of senior secured…
Captain D’s Finishes 2011 Strong with Positive System Wide Same-Store Sales
Fast Casual Seafood Chain Finishes SRS Positive for the First Time in Eight Years! Nashville, TN (RestaurantNews.com) When CEO Phil…