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Finance / Investment News & Media

Wendy’s/Arby’s Group year-end call set

February 7, 2011

Wendy's/Arby's Group Inc., parent company of Wendy's International Inc. and Arby's Restaurant Group Inc., will release fourth quarter and full-year 201…

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Dunkin’ Brands touts robust growth in 2010

February 2, 2011

Canton, Mass.-based Dunkin’ Brands Inc., parent company of Dunkin’ Donuts and Baskin-Robbins, has announced that its portfolio grew significantly in 2010.

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Nathan’s Famous reports 3Q loss

February 1, 2011

Nathan’s Famous Inc. reported results for the third quarter of its 2010 fiscal year, ended Dec. 26. For the quarter, the hot dog chain’s net loss totaled…

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Krispy Kreme completes credit facilities refinancing

January 31, 2011

Krispy Kreme Doughnuts Inc.’s principal operating subsidiary Krispy Kreme Doughnut Corporation has closed a new secured credit facility aggregating $6…

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Yum! names new VP, corporate controller

January 30, 2011

Louisville, Ky.-based Yum! Brands has promoted David Russell to the position of vice president, corporate controller, effective Feb. 18. He currently serves as…

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Yum! repurchasing stock to boost earnings

January 27, 2011

The board of directors of Yum! Brands Inc. have given the green light for the repurchase of $750 million of the company's outstanding stock throughout the next…

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Wendy's headed to Argentina

January 26, 2011

Wendy's/Arby's International Inc., a subsidiary of Wendy's/Arby's Group Inc., has signed an agreement with Desarrollos Gastronomicos S.A. (DEGASA) to develop…

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Dunkin' Brands, McDonald's enlist in Climate Corps

January 25, 2011

Dunkin' Brands and McDonald's have enrolled in the Environmental Defense Fund's Climate Corps program for 2011.

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Hardee's franchisee gets financing boost from GE Capital

January 24, 2011

GE Capital Franchise Finance has provided $15.3 million in financing to Paradigm Investment Group LLC, a large Hardee's franchisee. The credit facility…

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McDonald’s reports positive 2010 numbers

January 23, 2011

McDonald’s Corp. had nothing but good news this morning in its fourth quarter 2010 and year-end earnings report. For Q4 '10, ended Dec. 31, global sales were…

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Arby's put up for sale

by Alicia Kelso — Editor, QSRWeb.com

January 19, 2011

The end is near for the Wendy’s/Arby’s Group Inc. partnership. The company announced today that it’s exploring “strategic alternatives” for the Arby’s brand…

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Yum! Brands selling Long John Silver's, A&W

January 17, 2011

Louisville, Ky.-based Yum! Brands has announced that it is planning to sell its Long John Silver's and A&W All-American Food brands, and is actively…

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Bigger ax to grind: Quiznos layoffs double original report

January 12, 2011

Less than a week after announcing it was laying off about 69 employees at its Denver-based headquarters, Quiznos is now expected to cut even deeper.

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Major franchise fee withheld from Yum! International

January 10, 2011

Priszm Income Fund, owner of several Canadian KFC, Taco Bell and Pizza Hut locations, has withheld a $2 million franchise fee to Yum! Restaurants International…

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Quiznos headquarters issues pink slips

January 9, 2011

Just three months after naming Greg MacDonald as its new CEO, Quiznos has laid off about 70 employees at its Denver-based headquarters.

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Restaurant Performance Index posts November decline

January 2, 2011

As a result of a downtick in same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) fell below…

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Popeyes’ parent completes $100 million credit facility

December 29, 2010

AFC Enterprises Inc., parent company of Popeyes Louisiana Kitchen, has completed a new, five-year, $100 million credit facility.

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Subway salutes veterans with new franchise program

December 28, 2010

Subway has introduced a new program for military veterans designed to reduce their costs associated with the purchase of a new franchise.

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CNBC gets icy response from Cold Stone Creamery

December 28, 2010

CNBC’s documentary “Behind the Counter: The Untold Story of Franchising,” which aired Dec. 15, seemed to peel back the layers of the $1.3 trillion franchising…

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92-unit Burger King franchisee files for bankruptcy

December 16, 2010

Duke and King Acquisition Corp., a Burnsville, Minn.-based Burger King franchisee, has sought Chapter 11 bankruptcy protection and is currently seeking buyers.

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