Industry News

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...

CKE Restaurants, Inc. (NYSE: CKR - News), operator and franchiser of over 3,400 restaurants in the United States and internationally, announced today period 8 same-store sales, for the four...

Alpha Phi Alpha Fraternity, Inc., the nation's oldest fraternity established for college-educated African American men and Church's Chicken™, one of the world's largest quick-service chicken...

McDonald's U.S. owner/operators have overwhelmingly approved a comprehensive U.S. business plan featuring value menu, national advertising, and restaurant enhancements.

The plan, which...

KFC, a subsidiary of Yum! Brands, Inc. (NYSE:YUM - News) and the leading quick-service restaurant chain in China, announced the debut of the country's first drive-thru restaurant. The drive-...

Sherry Ulsh, the senior director of Marketing Finance and Analysis for Burger King Corporation, was honored today by the Florida Commission on the Status of Women with a certificate of...

Several restaurant analysts are reacting negatively to the plan to bolster U.S. sales announced by McDonald’s management late last week.

Analysts are expressing doubt about the announced...

Burger King Corporation today announced the largest new product and menu launch in its history with the nationwide rollout of the 99 cent BK VALUE MENU™. This permanent addition to the Burger...