Sonic repurchases big chunk of debt

December 16, 2010

Sonic Corp. announced it has repurchased $62.5 million of its debt in a privately negotiated transaction. With this move, the company expects to gain…

Food cost control – Playing the G.A.M.E.

By Libby Libhart

Wendy’s veteran takes over 20 franchises

December 14, 2010

Tri-Cities Restaurant Group has purchased 20 Wendy’s units from Monitor Systems Inc. in eastern Tennessee and southwestern Virginia markets. As part of the…

To buy or to build: A very good question

If you're planning to open a restaurant, the option of buying or building each have their own set of pros and cons. Here's what you should consider.

Hardee’s sales up big from last year

December 7, 2010

CKE Restaurants Inc., parent company of Carl’s Jr. and Hardee’s, reported a 12.2 percent decrease in total revenue for the third quarter of fiscal 2011, ended…

Wendy’s franchisee gets a major boost

December 6, 2010

GE Capital’s Franchise Finance bank affiliate GE Capital Financial Inc. has provided $10.5 million to Wendy’s franchisee Legacy Restaurant Group LLC to help…

Restaurant comps, traffic push RPI to highest level in three years

November 29, 2010

Fueled by improving same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) rose to its highest…

Wendy's/Arby's takes third quarter hit

November 11, 2010

Wendy's/Arby's Group reported results for its third quarter ended Oct. 3, which included a 4.7 percent decline in revenue.

Despite strong 3Q, Tim Hortons plans to close 36 U.S. units

November 10, 2010

Tim Hortons Inc. reported a total revenue increase of 9.8 percent in the third quarter ended Oct. 3. Momentum came from a same-store sales increase of 4.…

AFC Enterprises sales way up compared to last year

November 10, 2010

AFC Enterprises, franchisor and operator of Popeyes Louisiana Kitchen, reported an 8.2 percent system-wide sales increase for the third quarter ended Oct. 3.

Restaurant performance outlook posts modest improvement

October 28, 2010

Driven by improving same-store sales and customer traffic levels, as well as growing optimism among restaurant operators, the outlook for the restaurant…

3G Capital closer to acquiring Burger King

October 17, 2010

The 40-day waiting period for Burger King to solicit other offers pending 3 Capital's proposed $3.26 billion buyout has expired, according to The Associated…

Hundreds of Arby's employees stiffed out of paychecks

October 13, 2010

Employees at 25 Arby's restaurants in Alabama, Mississippi, Florida and Georgia did not get paid for as many as three weeks after owner PRP Inc. filed for…

GE Capital funds acquisition of four Burger King units

October 11, 2010

Georgia Texas Operating Company has been provided $9.3 million in financing from GE Capital, Franchise Finance for its acquisition of four Burger King…

Dunkin' Brands names new CFO

October 6, 2010

Dunkin' Brands, Inc., parent company of Dunkin' Donuts and Baskin-Robbins, has named Neil Moses as its new chief financial officer. He will assume the position…

Carl's Jr. sales slump affects CKE's 2Q

September 28, 2010

CKE Restaurants, Inc., owners of Carl’s Jr. and Hardee’s, has disclosed its second quarter results for fiscal 2011, which ended Aug. 9.

Sonic reports sales, unit openings drop

September 14, 2010

Sonic Corp. announced preliminary sales results for the fourth quarter and fiscal year, ended Aug. 31.

Brazil Fast Food Corp. sells real estate assets

September 6, 2010

Brazil Fast Food Corp., which operates under the Bob's brand, KFC and Pizza Hut Sao Paul as a Yum! Brands franchisee, and Doggis as a GED franchisee, has sold…

Will Burger King go private?

August 31, 2010

A possible sale could be made for the country’s No. 2 burger chain. According to Reuters, Burger King Holdings Inc. has held talks with private-equity firms…

Burger King's fourth quarter beats expectations

August 23, 2010

Burger King Holdings Inc. announced its fourth quarter earnings today. The company's profit fell to $49 million, or 36 cents a share, from $58.9 million, or 4…