Industry News

Starbucks Corporation (Nasdaq: SBUX) today reported consolidated net revenues of $301 million for the four-week period ended November 24, 2002, an increase of 27 percent from consolidated net...

Dow Jones Newswires reports today that Burger King franchisees have given their backing to the 99 cent Whopper promotion in January.

The vote, which required a two-thirds majority, passed...

Good Times Restaurants Inc. (Nasdaq Smallcap: GTIM) today reported its results for the quarter and fiscal year ended September 30, 2002.

Total revenue increased to $17,536,000 from $16,646...

CKE Restaurants, Inc. announced today its partnership with the Dream Foundation, the largest national organization providing final wishes to terminally ill adults. As a major restaurant...

Briazz, Inc. (Nasdaq:BRZZ) today announced it has been granted a written hearing regarding the Company's Nasdaq National Market listing.

Nasdaq has notified Briazz that a written hearing...

AFC Enterprises, Inc. (Nasdaq: AFCE) today announced that the company purchased the remaining 838,637 shares of AFC common stock held by longtime shareholder PENMAN Private Equity and...

The Wall Street Journal today is reporting that McDonald’s plans to begin accepting credit cards at locations nationwide sometime in 2003.

Although other chains and some franchises have...

Triarc Companies, Inc. (NYSE: TRY) announced today the United States Bankruptcy Court for the Southern District of New York has confirmed Triarc's plan of reorganization pursuant to which...

Burger King Corporation will extend its celebration of African American heroes with its search for "BK Urban Everyday Heroes," unsung individuals who have made outstanding contributions to...

In an ongoing exchange of menu price changes, Burger King Corporation announced last week it was lowering the price of its double cheeseburger to 99 cents.

Upset over McDonald’s...

Krispy Kreme Doughnuts, Inc. (NYSE: KKD) today reported financial results for the three months ended November 3, 2002, the Company's third quarter of fiscal 2003.

Net income for the third...

Cosi, Inc. (Nasdaq:COSI) today announced the pricing of its initial public offering of 5,555,556 shares of common stock at $7.00 per share. The company raised $38.9 million in the sale.

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Yum! Brands, Inc., (NYSE:YUM) today announced the promotion of Peter R. Hearl, 51, as president of its Pizza Hut Inc. division, replacing Michael Rawlings, who has resigned to spend more time...

The Steak n Shake Company (NYSE: SNS) today reported revenues and earnings for fiscal year 2002 ended September 25, 2002 and for the fiscal fourth quarter.

Financial highlights:

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Quick-casual chain Briazz says it is supplying Chicago area Starbucks with sandwiches in a test meant to develop a lunch daypart at the coffee shops.

Forty Starbucks locations began...

Starbucks Coffee Japan Ltd., the Japanese unit of Starbucks Corp. (NasdaqNM: SBUX), announced on Wednesday that profits for the first half of the business year fell 55%, according to Rueters...