Industry News

Burger King Corporation late yesterday announced the appointment of Bradley D. Blum, vice chairman of Darden Restaurants (NYSE: DRI), as its new chief executive officer. The new appoinment...

Pizza Inn, Inc. (Nasdaq: PZZI) announced that Mark E. Schwarz and Steven J. Pully of Newcastle Partners were appointed to its board of directors effective yesterday.

Mr. Schwarz has...

McDonald's Holdings Co. Ltd. (Japan) predicted Friday a group net loss of 2.3 billion yen ($19.33 million) for the year 2002.

The news comes a scant two weeks after the company revised...

Citing significant increases in competition and continued economic weakness in certain markets, Jack in the Box Inc. (NYSE: JBX) today lowered its earnings guidance for the first quarter...

Panera Bread Company (Nasdaq: PNRA) announced today that systemwide sales increased for both the four-week and eight-week periods ended November 30, 2002.

Systemwide comp sales rose 4.9%...

Baja Fresh Mexican Grill will launch their "Feed The ER" program by providing Christmas Eve meals to emergency room staffs at hospitals across the country. Inspired by the committed doctors...

The ongoing concern over the spread of mad cow disease provided the basis for the French government to enact new legislation which requires restaurants to clearly post the origin of beef sold...

Diedrich Coffee, Inc. (Nasdaq: DDRX), franchisor of the Gloria Jean's Coffees, Diedrich Coffee, and Coffee People brands, announced today that its chief executive officer, Philip G. Hirsch,...

Jack in the Box (NYSE:JBX) announced Monday that it will increase the size of its regular hamburger and cheeseburger by 66% without an increase in price.

Patty size for the basic hamburger...

McDonald's Corporation (NYSE: MCD) announced today sales performance through November 2002 and gave an outlook for fourth quarter 2002 earnings per share and an update on charges it expects...

McDonald's Corporation (NYSE: MCD) and Fazoli's, a fast-casual Italian restaurant concept based in Lexington, Kentucky, have agreed to form a joint venture to develop 20 to 30 Fazoli's...

Nathan’s Famous, Inc. (NASDAQ: NATH) today released financial information for the first half of fiscal 2003 covering the twenty-six weeks ended September 29, 2002.

Total revenues were $21,...

In an effort to reach consumers and potential franchisee applicants and boost brand awareness of its new ``Full Life™'' marketing campaign, Church's Chicken™, a division of AFC Enterprises,...

After months of searching for a suitable buyer and a revised agreement with the purchasing group, Diageo PLC has finalized the deal to sell Burger King Corporation to a consortium made up of...

YUM! Brands, Inc. (NYSE:YUM) today reconfirmed its earnings expectation for 2002 of at least $1.89 to $1.91 in ongoing operating earnings per share (EPS) representing a 17% to 19% increase...

CKE Restaurants (NYSE: CKR) announced yesterday results for fiscal year 2003 third quarter.

Earnings per share were up sharply at $0.16 per diluted share compared with a loss of $0.03 per...