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Finance / Investment News & Media

Carl'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…

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Baskin-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…

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Fiesta 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…

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Restaurant 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…

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Carl'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…

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Edible 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…

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Layered daypart promotions boost Sonic's bottom line

June 21, 2012

Sonic Corp. has announced results for its third fiscal quarter ended May 31, 2012.

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Burger 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…

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Franchise 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…

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Burger 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…

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McDonald'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.

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Dunkin' 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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Restaurant franchise lending shows stabilization

May 22, 2012

Although franchise lending has been fairly static from March 2011 to March 2012 and franchisee credit access remains below its long-term average, lending to…

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Jack in the Box expands franchise system

May 22, 2012

Jack in the Box Inc. has refranchised 37 restaurants in the Seattle area.

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Carl's Jr., Hardee's parent company to go public

May 18, 2012

California-based CKE Inc., parent company of Carl's Jr. and Hardee's restaurant chains, has filed a registration statement on Form S-1 with the U.S. Securities…

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Rumors swirl around Taco Bueno's impending sale

May 18, 2012

Taco Bueno has hired an advisory firm for its rumored sale by owner Palladium Equity Partners. According to Reuters, the Mexican QSR is expected to be worth…

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Global Franchise Group names former McAlister's exec as CFO

May 14, 2012

Atlanta-based Global Franchise Group, parent company of Great American Cookies, Marble Slab Creamery, MaggieMoo's Ice Cream & Treatery and…

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Wendy's franchisee secures capital for growth

May 2, 2012

The Briad Group has announced that it has entered into a new six-year $195 million senior secured bank credit facility. Bank of America Merrill Lynch and RBS…

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Yum! Brands names new president and CFO

May 1, 2012

Louisville, Ky.-based Yum! Brands Inc. has announced the promotion of Rick Carucci, 54, to president, reporting to chairman and CEO David C. Novak.

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Restaurant industry turns in strongest post-recession quarter

April 30, 2012

Driven by solid same-store sales and traffic results and an increasingly bullish outlook among restaurant operators, the National Restaurant Association's…

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