Industry News

Starbucks Corporation (Nasdaq:SBUX) today reported consolidated net revenues of $338 million for the five-week period ended September 29, 2002, an increase of 26 percent from consolidated net...

White Castle will welcome a record 57 inductees into the company's 25 Year Club on October 3 at the New Albany Country Club in New Albany, Ohio. The inductees will be recognized for all their...

Wendy's International, Inc. (NYSE: WEN) announced today that its strong same-store sales trends continued in September. For period 9 (ending September 29):

  • Same-store...
  • It took just eight years to land a man on the moon, five to discover a cure for polio and four to paint the Sistine chapel. But it took Pizza Hut, Inc., more than 10 years to perfect an...

    Panera Bread Company (Nasdaq: PNRA) today reported that system-wide comparable bakery-cafe sales (excluding the one specialty bakery-cafe and closed locations) increased 4.4% for the four...

    Executives from a number of national restaurant chains have formed a new capital investment group to help emerging chains, particularly those in the fast casual segment, grow and compete in...

    Ultimate Franchise Systems, Inc. (OTC Bulletin Board: UFSY), today announced that it sold 80% of its Jreck Subs, Inc. division for two million dollars. Ultimate Franchise Systems will continue...

    Sonic Corp. (NasdaqNM:SONC - News) has reaffirmed its earnings guidance for fiscal 2002 and 2003 in a press release today.

    The company expects earnings of $1.13 per share for fiscal 2002...

    CKE Restaurants Inc. (NYSE:CKR - News), parent company to the Sonic and Hardee’s brands, said in a quarterly filing with the Securities and Exchange Commission that it expects weak same-store...

    William Rosenberg, 86, founder of Dunkin' Donuts, Inc., passed away Friday night at his home on Cape Cod. Rosenberg had successfully overcome several bouts of cancer over the past two decades...

    Nathan's Famous Inc. (NasdaqNM:NATH - News), announced that it had received notice from Home Depot in late August terminating 8 licensing agreements for in-store restaurants.

    In an SEC...

    Krispy Kreme Doughnuts Inc. (NYSE:KKD - News) paid $23 million to increase its ownership stake in Glazed Investments LLC, the franchisee with development rights for Wisconsin, Minnesota and...

    Auntie Anne’s Inc. has signed a licensing agreement with Taiwanese company Hwang...

    Citing new growth opportunities and capitalizing on consumer trends, Jack in the Box Inc. (NYSE: JBX - News), operator and franchiser of Jack in the Box® restaurants, today announced a new...

    McDonald's Corporation (NYSE: MCD - News) announced today that it is lowering its 2002 earnings expectations for the full year, primarily due to lower than expected sales in the U.S. and...