Finance / Investment News
NRA reports restaurant industry outlook falls slightly
June 29, 2009
WASHINGTON, D.C. — The outlook for the restaurant industry was dampened somewhat in May, as the National Restaurant Association's comprehensive index of…
read nowJack in the Box finds buyers for C-stores
June 21, 2009
SAN DIEGO — Jack in the Box Inc. has announced that it has entered into a purchase and sale agreement for 55 of its 61 Quick Stuff convenience stores and gas…
read nowWendy's prices private offering
June 18, 2009
ATLANTA — Wendy's/Arby's Group Inc. has announced that its subsidiary, Wendy's International Holdings LLC (which will be renamed Wendy's/Arby's Restaurants LLC…
read nowFriedman Fleischer confirms sale of Church's Chicken
June 17, 2009
SAN FRANCISCO — Friedman Fleischer & Lowe LLC (FFL), a leading San Francisco-based private equity firm, has confirmed that an affiliate of the firm has…
read nowChurch's Chicken to be sold to Friedman Fleischer
June 14, 2009
According to reports from Reuters and Thomson Reuters Private Equity Hub, Cajun Operating Co, franchisor of Church's Chicken, has been sold to private equity…
read nowMcDonald's plans aggressive expansion, advertising blitz
June 14, 2009
BusinessWeek: Unlike a number of U.S. operators who are cutting capital expenditures, McDonald's plans to invest $2.1 billion in its restaurants in 2009…
read nowSale of NF Roasters boosts Nathan's Famous annual net
June 11, 2009
WESTBURY, N.Y. — Nathan's Famous Inc. has reported its sixth consecutive year of increased revenues and profits from continuing operations for its fiscal year…
read nowWendy's/Arby's announces $550M private offering to repay debt
June 10, 2009
ATLANTA — Wendy's/Arby's Group Inc. has announced that its subsidiary, Wendy's International Holdings LLC (to be renamed Wendy's/Arby's Restaurants LLC), has…
read nowWendy's seeks amendment to issue debt
June 1, 2009
Reuters: Wendys/Arbys Group Inc. has said its Wendy's International Holdings unit was seeking to amend its credit agreement to allow it to issue debt, with an…
read nowYum! Brands completes cash tender offer
May 31, 2009
LOUISVILLE, Ky. — Yum! Brands Inc., parent company of Pizza Hut, Taco Bell and KFC, has announced the results of its cash tender offer to purchase up to $15…
read nowRestaurant Performance Index hits highest level in nearly a year
May 28, 2009
WASHINGTON, D.C. — The outlook for the restaurant industry grew more optimistic in April, as the National Restaurant Association's comprehensive index of…
read nowPopeyes sees Q1 comps improve, net income fall
May 27, 2009
ATLANTA — AFC Enterprises Inc., the franchisor and operator of Popeyes, has reported an increase in systemwide sales of 1.1 percent, compared to an increase of…
read nowSonic, Jack in the Box announce conference participation
May 27, 2009
Sonic Corp. has announced that the company will participate in two upcoming investor conferences, including: Goldman Sachs 2009 Lodging, Gaming, Restaurant…
read nowYum! Brands adds price to cash tender offer
May 26, 2009
LOUISVILLE, Ky. — Yum! Brands Inc., parent company of Taco Bell, KFC and Pizza Hut, has announced that it has priced its cash tender offer to purchase up to…
read nowBurger brands announce conference participation
May 21, 2009
Burger King Holdings Inc. and Wendy's/Arby's Group Inc. have announced that the companies will participate in the Goldman Sachs 2009 Lodging, Gaming…
read nowInstitutional Investor survey names Yum! CFO tops in restaurant industry
May 17, 2009
LOUISVILLE, Ky. — Yum! Brands Inc.'s chief financial officer Richard Carucci has been recognized by Institutional Investor's 2009 America's Best CFOs survey…
read nowYum! Brands amends terms of cash tender offer
May 14, 2009
LOUISVILLE, Ky. — Yum! Brands Inc., parent company of Pizza Hut, KFC and Taco Bell, has announced that it has amended the terms of its cash tender offer to…
read nowTim Hortons Inc. Q1 net up 7.5%
May 7, 2009
OAKVILLE, Ontario — Tim Hortons Inc. has reported same-store sales have increased 3.4 percent in Canada and 3.2 percent in the United States for the first…
read nowA&W qualifies for SBA Registry to streamline franchisee credit
May 5, 2009
LOUISVILLE, Ky. — A&W Restaurants Inc., which is celebrating its 90th anniversary by introducing a new state-of-the-art drive-in concept, has been approved…
read nowYum! Brands announces $150M cash tender offer
May 3, 2009
LOUISVILLE, Ky. — Yum! Brands Inc., parent company of Pizza Hut, KFC and Taco Bell, has announced that it will offer a cash tender offer to purchase up to $15…
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