Finance / Investment News & Media
Restaurant operator optimism slips
August 31, 2012
As a result of softer customer traffic and a dampened outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index…
read nowCheckers, Rally's up for sale by private equity owner
August 30, 2012
Tampa, Fla.-based Checkers Drive-In Restaurants Inc. could be up for sale by owner and private equity company Wellspring Capital Management. According to…
read nowSonic enters $40M stock repurchase program
August 17, 2012
Sonic Corp. announced that its board of directors authorized a stock repurchase program for up to $40 million worth of common stock through Aug. 31, 2013.
read nowJersey Mike's founder talks longevity, challenges
August 14, 2012
Peter Cancro, Jersey Mike's founder and CEO, was featured on CNBC's Squawk Box over the weekend, discussing the brand's longevity, growth plans and challenges…
read nowJack in the Box plans expansion in Southeast, Midwest
August 13, 2012
Jack in the Box Inc. disclosed the details of a refranchising transaction that was completed in May and included in the company's third quarter operating…
read nowDunkin' Brands announces secondary offering, repurchase of shares
August 10, 2012
Dunkin' Brands Group Inc., parent company of Dunkin' Donuts and Baskin-Robbins, today announced that certain of its stockholders intend to offer for sale in an…
read nowCarl's Jr., Hardee's parent postpones public offering
August 10, 2012
California-based CKE Inc., parent company of Carl's Jr. and Hardee's brands, has announced that it will not proceed with its previously announced initial…
read nowQSR franchisee lending up 28 percent this year
August 9, 2012
Lending to franchise businesses decreased by 3.64 percent from June to July following a 5.73 percent increase in June, according to the Franchise Lending Index…
read nowCarl's Jr., Hardee's parent company going public
July 30, 2012
CKE Inc. has announced that it has commenced an initial public offering of 13.3 million shares of its common stock at an anticipated public offering price…
read nowBaskin-Robbins closing manufacturing plant in Ontario
July 19, 2012
In October, Baskin-Robbins will close its Peterborough, Ontario, Canada, manufacturing plant and shift production to existing partner suppliers. Production of…
read nowFiesta Restaurant Group names new CFO
July 2, 2012
Fiesta Restaurant Group Inc., parent company of the Pollo Tropical and Taco Cabana restaurant brands, has announced that Lynn Schweinfurth has been named vice…
read nowRestaurant industry reports continued positive sales
June 29, 2012
The outlook for the restaurant industry remained positive for the months ahead, as the National Restaurant Association's Restaurant Performance Index (RPI…
read nowCarl's Jr., Hardee's Q1 sales up 2.6 percent
June 27, 2012
CKE Restaurants Inc., parent company of Carl’s Jr. and Hardee’s brands, have announced its first fiscal quarter financial results for the 16 weeks ended May…
read nowEdible Arrangements receives investment for global expansion
June 25, 2012
Edible Arrangements has received a capital investment from Catterton Partners that will be used to support the expansion of the brand globally. Terms of the…
read nowLayered daypart promotions boost Sonic's bottom line
June 21, 2012
Sonic Corp. has announced results for its third fiscal quarter ended May 31, 2012.
read nowBurger King returns to the NY Stock Exchange
June 20, 2012
Burger King Worldwide Inc. has announced the consummation of its business combination with a subsidiary of Justice Holdings Limited that will allow Burger King…
read nowFranchise lending up 6 percent year over year
June 18, 2012
Lending to franchise businesses saw a drop of about 0.5 percent from April to May, according to the monthly Franchise Lending Index from the International…
read nowBurger King's China expansion deal is biggest in brand's history
June 18, 2012
Burger King Worldwide Holdings Inc.'s recent development deal with the Kurdoglu family to open 1,000 restaurants in China throughout the next five to seven…
read nowMcDonald's comp sales fall in Japan and China
June 8, 2012
McDonald's Corporation today announced global comparable sales growth of 3.3 percent in May.
read nowDunkin' Brands promotes CFO to chief global strategy officer
June 8, 2012
Dunkin' Brands Group Inc., parent company of Dunkin' Donuts and Baskin-Robbins (BR), announced that chief financial officer Neil Moses is being named chief…
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