Finance / Investment News & Media
McDonald's offers quarterly cash dividend
January 31, 2013
McDonald's board of directors declared a quarterly cash dividend of 77 cents per share of common stock payable on March 15 to shareholders of record at the…
read nowOLO receives $5M in funding thanks to mobile ordering growth
January 25, 2013
OLO, a digital commerce engine for restaurants, announced a $5 million dollar Series B financing from PayPal and existing investors. The New York-based company…
read nowPopeyes sales jump nearly 7 percent in 2012
January 24, 2013
AFC Enterprises Inc., parent company of Popeyes restaurants, today reported selected unaudited results for its fiscal fourth quarter and fiscal year which…
read nowSonic named top performing restaurant stock of 2012
January 24, 2013
ICR, an independent financial communications firm, today announced the 10 picks for the best restaurant stock of 2013 made by a slate of sell-side research…
read nowSonic increases share repurchase program
January 18, 2013
Sonic Corp.'s board of directors increased its share repurchase authorization from $40 million to $55 million.
read nowOwner of Hawaii Taco Bells, Pizza Huts sells to PE firm
December 31, 2012
TD Food Group, which operates about 70 fast-food restaurants throughout Hawaii, is now under the ownership of the private equity firm, Nimes Capital. TD's…
read nowTaco Bueno receives $23M investment
December 20, 2012
Prospect Capital Corporation announced that it has provided $23.2 million of secured debt financing for the recapitalization of TB Corp., parent company of the…
read nowSurvey: CFOs expect growth, technology investments in 2013
December 17, 2012
A majority of the 200 U.S.-based chief financial officers and senior finance executives surveyed said they plan to invest in their companies to drive growth in…
read nowJack in the Box refranchises 42 restaurants
November 28, 2012
Jack in the Box Inc. disclosed the details of two refranchising transactions that were included in the company's fourth quarter operating results, announced on…
read nowPopeyes completes acquisition of 27 restaurants
November 19, 2012
AFC Enterprises Inc. announced the completion of its planned $13.8 million acquisition of 27 restaurants in Minnesota and California.
read nowJPMorgan Chase CEO joins Yum! Brands' board
November 19, 2012
Yum! Brands Inc. has announced the appointment of Michael J. Cavanagh, 46, to its board of directors. Cavanagh is the co-chief executive officer of JPMorgan…
read nowGE Capital launches restaurant finance Web tool
November 14, 2012
GE Capital, Franchise Finance (GEFF) is rolling out a new Web tool, GE SmartChart, to its customers across the U.S. The tool was introduced at this week's…
read nowDunkin's chief global strategy officer steps down after six months
November 14, 2012
Neil Moses, chief global strategy officer of Dunkin' Brands Group Inc., has announced that he is stepping down, according to the Boston Herald. He will serve…
read nowJack in the Box completes bank debt refinancing
November 9, 2012
Jack in the Box Inc. announced the completion of a new five-year $600 million senior credit facility, comprised of a $400 million revolving credit facility and…
read nowFranchisee acquires 120 KFCs from Yum! Brands
November 7, 2012
Dallas-based Mitra QSR KNE LLC and its capital partner, Chalak Growth Capital Fund LLC, recently closed on a large acquisition of KFC/Taco Bell units in the…
read nowDespite softer September sales, restaurant operators more optimistic
October 31, 2012
As a result of softer same-store sales and customer traffic levels, the National Restaurant Association's Restaurant Performance Index (RPI) declined in…
read nowVilla Enterprises secures $15M to fund acquisitions
October 24, 2012
Villa Enterprises Management Ltd. Inc. announced that it closed a seven-year, $15 million credit facility with Capital One Bank.
read nowBojangles' secures $200M for expansion efforts
October 24, 2012
Bojangles' Restaurants Inc. announced a refinancing of its $200 million senior debt facility, which is expected to significantly lower its borrowing costs.
read nowWendy's franchisee receives $16M for leaseback
October 9, 2012
GE Capital, Franchise Finance recently provided $16.1 million to WendPartners, a Wendy's franchisee. The facility is being used for the sale-leaseback of nine…
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U.S. restaurant industry outlook: Slow and steady improvement
by Alicia Kelso — Editor, QSRWeb.com
CIT's managing director says financing continues to open up for restaurant companies.
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