Industry News

Yum! Brands, Inc. (NYSE: YUM), reported today an ongoing operating earnings increase of $0.49 per share, an increase of 21% over the same period last year. In addition, third-quarter...

The London Times is reporting today that the purchase of Burger King from Diageo by a buyout group of venture capital firms may be in jeopardy over efforts to finance the deal.

The sale of...

AFC Enterprises (Nasdaq: AFCE) announced its Board of Directors has approved increasing its share repurchase program, expanding the program from $50 million to $100 million, effective...

Healthy Express USA (HEXS) has decided to dismiss company President Russ Lo Bello under stipulations in the 120-day probationary period assigned by the board of directors.

The operator of...

McDonald's Holdings Co. (Japan), the largest quick-serve chain in Japan, announced an 11.1% decrease in same-store sales for September compared to the same period a year ago. Systemwide sales...

Panera Bread Company (Nasdaq: PNRA) announced today two agreements with new franchisees to develop 30 bakery-cafes in southern California. These agreements come shortly after the company...

Taco Bell today announced its newest and most personal commitment to Boys...

Papa John's International, Inc. (NasdaqNM:PZZA) announced today an increase in comparable sales (stores open more than one year) of 0.4% for the five week period ending September 29. Company...

Nathan's Famous, Inc.(NASDAQ:NATH) today announced that its Board of Directors has authorized the purchase of up to 1 million shares of its common stock on behalf of the Company.

Purchases...

New World Restaurant Group announced today that it has asked its new independent auditors, Grant Thornton, LLP, to reaudit its financial statements for the fiscal years ended Dec. 31, 2000 and...

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...