Wendy's announces quarterly dividend

February 20, 2020

The Wendy's Company (Nasdaq: WEN) today declared a 12-cent per share quarterly dividend, payable March 16 to shareholders of record as of March 2, according to…

Taco John's hires former 7-Eleven exec as brand's CFO

February 17, 2020

Taco John's franchisor, Taco John's International, Inc., has named former 7-Eleven and Yum Brands executive Kelly Hopper as its new chief financial officer, a…

Askar Brands adds doughnuts with 47-unit Florida Dunkin' acquisition

February 11, 2020

Southeast Enterprise Holdings Inc., or SEH, has acquired 47 Florida-based stores in the Miami, Ft. Lauderdale and West Palm Beach markets, a news release said.

A&W announces 8 straight years of same-store sales growth

February 11, 2020

A&W said its same-store sales grew 2.7% last year, the eighth consecutive year of growth for the Lexington, Kentucky-based brand, according to a news…

Subway lets 300 corporate workers go

February 6, 2020

Subway said it is letting 300 corporate employees go as the brand moves to simplify operations, Subway Senior Director of Public Relations Alan Marcus told…

Dunkin' Brands say espresso fueled highest Q4 comp sales in 6 years

February 6, 2020

Dunkin' Brands credited that human accelerator of espresso for also helping to accelerate its Q4 comp store sales at Dunkin' U.S. by 2.8%, which it said is the…

Yum China FY19 results rosy, but 2020 coronavirus pulls business back

February 6, 2020

After watching its stock soar 43% last year, Yum China's latest financials are already sending investors to the sell column as the company makes clear that the…

US restaurants vs coronavirus: The very real things US brands can do now

by S.A. Whitehead — Food Editor, Net World Media Group

No, the coronavirus is not a major health threat in the U.S. at this time. But the fact is, that could quickly change, and there are some very real…

Leveraging technology to manage restaurant labor costs

Labor can make or break a restaurant, being the one variable that exists in all facets of a restaurant’s core functionality and a top concern among managers…

McDonald's FY19 comp sales highest 10 years

January 29, 2020

McDonald's global comparable sales grew 5.9% — the most they have in more than a decade, while systemwide sales surpassed $100 billion and consolidated…

Yum China closes Wuhan stores due to virus, Yum Brands declares dividend

January 27, 2020

Yum China confirmed that it has temporarily closed some of its KFC and Pizza Hut stores in Wuhan, China due to the well-publicized coronavirus outbreak there…

Krystal files for bankruptcy blaming 'shifting consumer tastes,' increased costs

by S.A. Whitehead — Food Editor, Net World Media Group

The nation's second-oldest QSR, Krystal, is now under bankruptcy protection as it struggles to pay as much as $100 million in debt and find a new path forward.

Arby's open Tarboro, North Carolina store

January 15, 2020

Arby's is opening Monday in Tarboro, North Carolina. Under the ownership of Mosaic Red Hat Group, which also has 41 other locations of the chain in Florida…

Are more mainstream QSR plant-based offerings sucking sales from vegan restaurants?

January 10, 2020

The increasing presence of plant-based options across the QSR sector appears to be draining some business away from all-vegan and all-vegetarian brands…

Mega-Burger King, Popeyes franchisee, Carrols Restaurant Group, names CFO

November 25, 2019

Burger King and Popeyes mega-franchisee, Carrols Restaurant Group, with nearly 1,100 U.S. locations of the chains, has named former Realogy Holdings Corp.

Jack in the Box wraps fiscal year with 'strongest performance in 4 years' in same-store sales

November 21, 2019

Jack in the Box Inc. wrapped up its fiscal year and reported annual and fourth-quarter results showing improvement in sales the last quarter, but lower overall…

El Pollo Loco reports modest Q3 sales gain, revenue losses

November 1, 2019

El Pollo Loco Holdings Inc. turned in relatively lackluster financial results, for the third quarter that ended Sept. 25, showing total revenue and net income…

Dunkin' Brands jolts upward via espresso + Baskin-Robbins best quarter in 2 years

October 31, 2019

Dunkin' Brands turned in a nice Q3 performance, marked by the Baskin-Robbins brand's best quarterly sales performance in nearly two years and a lot of Dunkin…

KFC, Pizza Hut, Taco Bell parent turns in solid Q3 sales

October 30, 2019

Yum Brands, Inc. Q3 sales show the multi-brand QSR operator finished out September with solid performance across the board, including 8% global system sales…

Popeyes, Burger King push RBI up, Tim Hortons drags it down

October 28, 2019

Coming off a quarter that saw its Popeyes brand take a profitable part in the chicken sandwich wars, the parent company of Popeyes and Burger King parent…