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Finance / Investment News & Media

Rita's Italian Ice sold to private equity firm

December 4, 2011

Falconhead Capital LLC , a private equity firm specializing in growing consumer-focused businesses, has acquired a controlling stake in Rita's Water Ice…

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Yum! Brands raises 2011 guidance

December 4, 2011

Yum! Brands Inc. has increased its full year 2011 EPS growth forecast to at least 13 percent, or $2.85 a share, excluding special items.

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Ohio incentivizes Wendy's to consolidate headquarters

December 1, 2011

The Wendy's Company announced that it will consolidate its World Headquarters in Dublin, Ohio, a suburb of Columbus. As a result, the company will close its…

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Brazilian KFC, Pizza Hut franchisee posts positive sales again

November 22, 2011

Brazil Fast Food Corp., the second largest QSR chain in Brazil with 846 points of sale, including KFC and Pizza Hut São Paulo has announced financial results…

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Taco Bell eliminates 100+ jobs

November 21, 2011

Taco Bell, headquartered in Irvine, Calif., has eliminated 105 positions.

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Jack in the Box reports Q4 profit, beats expectations

November 21, 2011

Jack in the Box Inc. reported net earnings of $22.7 million, or $0.49 per diluted share, for the fourth quarter ended Oct. 2, 2011, compared with net earnings…

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Yum! Brands adds member to board of directors

November 20, 2011

Yum! Brands Inc. has appointed Mirian M. Graddick-Weir, 56, to its board of directors effective Jan. 26, 2012.

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No signs of slowing down for McDonald's in 2012

November 10, 2011

McDonald's Corp. stock has risen more than 20 percent so far this year, and the company has no intentions of slowing down in 2012. During its investor meeting…

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Earnings call: Wendy's gears up for 'mid-tier' burger launch

by Alicia Kelso — Editor, QSRWeb.com

Third quarter takes a hit from Arby's sale; however revenues and transactions up.

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Specialty seasonal drinks added to McDonald's McCafe lineup

November 7, 2011

McDonald's USA has added two new beverages to its McCafe beverage line – Peppermint Mocha and Peppermint Hot Chocolate.

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Carrols Restaurant Group posts modest gains for Burger King units

November 7, 2011

Carrols Restaurant Group Inc. today announced financial results for the third quarter ended Oct. 2. Carrols owns and operates 551 restaurants, including 30…

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Captain D's names new CFO

November 3, 2011

The 527-unit Captain D's chain has added yet another member to its executive team, naming Laurie Lawhorne as its new chief financial officer.

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Nathan's Famous reports Q2 profit

November 1, 2011

Nathan's Famous Inc. has reported results for the second quarter of its 2012 fiscal year that ended Sept. 25.

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McDonald's Latin American franchisee posts big revenue growth

October 27, 2011

Arcos Dorados Holdings Inc., Latin America's largest restaurant chain and the world's largest McDonald's franchisee, today reported unaudited results for the…

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Seeding a Market: QSRs Support Franchisee Growth in New Markets

QSRs are laying the foundation for future franchise expansion by launching company-owned stores in new markets.

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Sold: Yum! Brands finds buyers for Long John Silver's, A&W

by Alicia Kelso — Editor, QSRWeb.com

September 21, 2011

Yum! Brands Inc. announced today that it has signed definitive agreements to sell Long John Silver's Inc. and A&W Restaurants Inc. to two separate buyers…

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Jack in the Box franchisee gets funding for growth

September 20, 2011

GE Capital, Franchise Finance provided $13.2 million to J&D Restaurant Group Inc. for the purchase of 37 Jack in the Box units throughout Central and East…

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CKE Restaurants Q2 sales up 2.2 percent

by Alicia Kelso — Editor, QSRWeb.com

September 20, 2011

CKE Restaurants Inc., parent company of Carl's Jr. and Hardee's, announced its second fiscal quarter 2012 financial results for the period ended Aug. 15.

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CKE Restaurants adds payment management system for remodels

September 1, 2011

CKE Restaurants Inc., parent company of Hardee's and Carl's Jr., has implemented Textura Corporations Construction Payment Management (CPM) system to…

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Disproving the Top 3 employee tax credit misconceptions

by Amanda Richardson — Senior Vice President of Product and Marketing, Snagajob

Technology has transformed the process of qualifying employees for tax credits and collecting Uncle Sam’s incentives. What was a manual, red tape-ridden…

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