May 19, 2013

Industry News

The Steak n Shake Company Reports Fiscal Year 2002 Results
Revenues and earnings up but same store sales declined 0.7%; no guidance given for FY 2003.
Sonic Updates First Quarter Performance Expectations
Blame it on the rain: Weather a factor in slowed sales.
Starbucks Japan Profits on Ice
Net profit down 55 percent in first half of year for Japanese subsidiary.
Briazz Sandwiches Offered in Chicago Starbucks Locations
Starbucks in Chicago are testing the sandwiches through December.
Kahala Corp. Announces Earnings for the First Nine Months of 2002
Company opens six new outlets of its four concepts since July 1.
Schlotzsky's Deli to Feature La Brea Breads
Award-winning chef Nancy Silverton adds her bread recipes to building serious sandwiches.
Terms Of Burger King Sale Under Renegotiation
Texas Pacific Group and partners inform Diageo of desire to change the purchase price.
Cosi Sandwich Shops IPO Set For Friday
NY-based fast-casual chain looking to raise $50 million.
A Dozen Glazed and a Cup of Tea
Agreement signed to open 25 Krispy Kreme stores in England.
Panera Bread Third Quarter Earnings Announced
Making serious bread: Earnings per share increased 70% and same-store comps up 5.1%.
Starbucks Reports Record Fourth Quarter and Fiscal 2002 Results
Caffeinated growth: 11th consecutive year of comparable store sales growth of 5% or greater.
Nathan's Famous, Inc. Reports Second Quarter Results
Revenues down 8.6% and systemwide sales down 9.57%. Accounting change leads to net loss of $1.91 per share.
Burger King Corporation Forms New Group To Support Largest Franchisees
The sixteen franchise groups that fall within the new group own 25% of U.S. Burger King stores.
Schlotzsky's, Inc. Announces Third Quarter Results
Systemwide sales and same store sales take a big hit as revenues fall 2.7%; net loss posted for the quarter.
Jack in the Box Inc. Reports Fourth-Quarter and FY 2002 Earnings
Jack lowers fiscal 2003 guidance by 4 cents-a-share.
Restaurants Targeted in Lebanon
Bombs explode outside two Pizza Huts and a Winners.