[2009-11-06] LEBANON, Tenn.--(BUSINESS WIRE)--Cracker Barrel Old Country Store, Inc. (the “Company”) (Nasdaq: CBRL) today announced that it has entered into an amendment to its existing credit facilities. The amendment extends the availability of $165 million of the $250 million currently available under the Company's revolving credit facility to January 2013 from April 2011. The maturity of $250 million of its existing $643 million term loans was extended by three years to April 2016. The curren [more]

[2009-11-05] SEATTLE--(BUSINESS WIRE)--Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its fourth quarter and fiscal year ended September 27, 2009 and increased its FY10 earnings outlook based on improving same store sales trends and the increasing impact of its cost savings efforts. “Starbucks strong performance in Q4 and fiscal 2009 overall is the result of our successful efforts to improve our customer and partner experiences, the initiatives and innovations we have introduc [more]

[2009-11-05] LOS ANGELES--(BUSINESS WIRE)--California Pizza Kitchen, Inc. (Nasdaq: CPKI) today reported revenues and net income for the third quarter ended September 27, 2009. Highlights for the third quarter of 2009 relative to the same quarter a year ago were as follows: Total revenues decreased 5.3% to $164.8 million Full service comparable restaurant sales decreased 8.0% Net income increased 16.8% to $5.8 million Earnings per diluted share increased 20% to $0.24 Outstanding debt of $37.0 million, a $13.0 [more]

[2009-11-05] LAKEWOOD, Colo.--(BUSINESS WIRE)--Einstein Noah Restaurant Group, Inc. (NASDAQ: BAGL), a leader in the quick-casual segment of the restaurant industry operating under the Einstein Bros.® Bagels, Noah's New York Bagels®, and Manhattan Bagel® brands, today reported financial results for the third quarter ended September 29, 2009. Selected Highlights for the Third Quarter 2009 Compared to Third Quarter 2008: Total revenues declined modestly to $100.0 million vs. 100.9 million in the [more]

[2009-11-05] GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB), a casual dining restaurant chain focused on serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the 12 and 40 weeks ended October 4, 2009. Financial and Operational Results Results for the 12 weeks ended October 4, 2009, compared to the 12 weeks ended October 5, 2008, include the following: Total revenues decreased 10.4% to [more]

[2009-11-05] NEW YORK--(BUSINESS WIRE)--NexCen Brands, Inc. (PINK SHEETS: NEXC) today reported unaudited financial results for the second quarter of 2009, and announced that it has filed its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2009 with the Securities and Exchange Commission (SEC). Second Quarter 2009 Operating Results and Financial Highlights The operating results and financial highlights for the second quarter ended June 30, 2009 are as follows: Total revenues in the secon [more]

[2009-11-05] WASHINGTON--(BUSINESS WIRE)--The National Retail Federation welcomed today’s passage of legislation that will bring recession-plagued retailers and other businesses more than $10 billion in badly needed cash by lengthening the period during which they can “carry back” current losses to claim a tax refund from previous years when they made a profit. “This legislation will provide retailers with an important source of capital to finance their operations and keep employees o [more]

[2009-11-04] DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/b53bd5/mcdonalds_compan) has announced the addition of the "McDonald's: Company Profile" company profile to their offering. This company profile offers a comprehensive analysis of the organization, its business segments, and competitors. It analyzes the business and marketing strategies adopted by the company, to gain a competitive edge in the industry. The profile also evaluates the strengths of the compan [more]

[2009-11-04] DALLAS--(BUSINESS WIRE)--In its first foray into global merchandising, 7-Eleven, Inc. (SEI) in the U.S. and Seven-Eleven Japan (SEJ) are jointly introducing two proprietary wines – a Chardonnay and a Cabernet Sauvignon – today under the Yosemite Road label. These are California wines produced by The Wine Group exclusively for 7-Eleven® stores and its parent company, Seven & i Holdings Co., Ltd. of Tokyo. Also participating in the launch and carrying the new beverages are Ito [more]

[2009-11-04] CARROLLTON, Texas--(BUSINESS WIRE)--McLane Foodservice, a division of McLane Company, Inc., today announced that Checkers Drive-in Restaurants, Inc. has selected McLane to provide food distribution services through its Memphis and Manassas facilities to more than 190 restaurants in those regions. McLane will provide Checkers®/Rally’s® with comprehensive supply chain services, including logistics, procurement and inventory management solutions. The company’s Manassas distrib [more]

[2009-11-04] NEPTUNE, N.J.--(BUSINESS WIRE)--It’s no secret olive oil, the delicious staple responsible for the rich flavors and heart-healthy benefits of the Mediterranean diet, is fast becoming dear to the American palate. As demand for this premium product grows, the North American Olive Oil Association (NAOOA) and its members want to ensure consumers get what they pay for when buying olive oil. To help achieve that, the NAOOA recently started asking states to adopt the international standard for ol [more]

[2009-11-04] LOUISVILLE, Ky.--(BUSINESS WIRE)--In recognition of the brave firefighters who serve our communities, on Nov. 10 Papa John’s throughout the country will offer free pizzas to Firehouses – just like in the newest Papa John’s commercials airing nationwide. Papa John’s restaurants will honor local fire heroes by delivering the new Six Meats pizzas and the Six Cheese pizzas to firefighters in participating locations. Thus far in the “Papa’s In The House” tele [more]

[2009-11-03] LOUISVILLE, Ky.--(BUSINESS WIRE)--Papa John’s International, Inc. (NASDAQ: PZZA): Highlights Third quarter earnings per diluted share of $0.42 in 2009 vs. $0.28 in 2008 Third quarter earnings per diluted share, excluding noted items, were $0.30 in 2009 vs. $0.28 in 2008 Domestic system-wide comparable sales were flat for the quarter 40 net Papa John’s worldwide unit openings during the quarter and 78 net openings on a year-to-date basis Earnings guidance for 2009 increased to a range [more]

[2009-11-03] ATLANTA--(BUSINESS WIRE)--Wendy’s/Arby’s Group, Inc. (NYSE: WEN), the parent company of Wendy’s International, Inc. and Arby’s Restaurant Group, Inc., announced the declaration of its regular quarterly cash dividend of $0.015 per share, payable on December 15, 2009 to Wendy’s/Arby’s Group, Inc. stockholders of record as of December 1, 2009. As of October 30, 2009, Wendy’s/Arby’s Group, Inc. had 463,003,194 shares of common stock outstanding. There [more]

[2009-11-02] NASHVILLE, Tenn.--(BUSINESS WIRE)--Beginning today, O'Charley's launches Lunch Combos with 66 combinations of Savory Signatures and Hearty Favorites and three price points: $5.99, $6.79 and $7.69. Guests in search of a full-service restaurant that offers the lunch items they crave, fits their budget, serves it fast enough to enjoy and lets them get back to work on time, are about to find it all in one place. The new menu offerings go concept-wide riding a wave of unprecedented guest enthusiasm. [more]

[2009-11-02] NEW YORK--(BUSINESS WIRE)--NexCen Brands, Inc. (PINK SHEETS: NEXC) today announced that management will host a conference call and audio webcast on Thursday, November 5, 2009, at 5:00 p.m. ET to discuss its financial results for the second quarter of 2009. In addition, the Company intends to file with the Securities and Exchange Commission on November 5, 2009 its Quarterly Report on Form 10-Q for the period ended June 30, 2009. The conference call may be accessed by dialing 800-944-8766 or 317-7 [more]

[2009-10-30] SEATTLE--(BUSINESS WIRE)--Starbucks (NASDAQ:SBUX) today announced its new customer loyalty card program called My Starbucks Rewards, which will launch on Dec. 26, 2009 in all U.S. Starbucks stores. Consolidating the two current popular programs, Starbucks Card Rewards and Starbucks Gold card, the new streamlined program delivers value with no annual fee, allows members to use one registered card (any Starbucks Card) and provides customized rewards that increase with frequency of use. Benefits ar [more]

[2009-10-30] SAN FRANCISCO--(BUSINESS WIRE)--Del Monte Foods (NYSE: DLM) announced today plans to relocate its current headquarters within San Francisco to One Maritime Plaza at 300 Clay Street, continuing more than a 100 year old tradition of maintaining its headquarters in the city. In doing so, the Company, which currently has two offices in San Francisco, including its current headquarters at The Landmark building at One Market Street, will be uniting its San Francisco workforce into one location. Consol [more]

[2009-10-30] CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed Burger King Corporation's (Burger King) (NYSE:BKC) ratings as follows: --Long-term Issuer Default Rating (IDR) at 'BB'; --Secured bank credit facility at 'BB+'. The Rating Outlook has been revised to Stable from Positive. At Sept. 30, 2009, Burger King had approximately $890 million of debt, most of which is secured. Burger King's ratings reflect its positive free cash flow (FCF) generation, competitive position in the quick service restaurant [more]

[2009-10-29] SPARTANBURG, S.C.--(BUSINESS WIRE)--Denny’s Corporation (NASDAQ:DENN) today reported results for the third quarter ended September 30, 2009. Third Quarter Highlights Opened nine new franchised restaurants and sold seven company restaurants under Denny’s Franchise Growth Initiative (FGI) - franchised restaurants now 83% of Denny’s system Net income was $10.0 million, which included $3.1 million from gains on sales of assets Adjusted income before taxes grew 6.9% to $9.1 million [more]