Industry News

Jack in the Box has announced net earnings of $21.2 million, or 56 cents per diluted share, in the first quarter ended January 19.
With a rating of 76 in The American Customer Satisfaction Index, Papa John's earned the top rating for customer satisfaction among national quick-service restaurants for the fourth year in a row.
The complaint charges Cosi with "materially false and misleading" Registration Statement and Prospectus in connection with its IPO.
Krispy Kreme Doughnuts Inc.'s fourth-quarter systemwide same-store sales rose 11.8% from a year ago.
Panera Bread reports system-wide comparable bakery-cafe sales increased 2 percent for the four weeks ended January 25.
Krispy Kreme announces that an arbitration panel entered an award against its franchisee in Northern California and the Company in the amount of $7,925,000.
Popeye's Chicken & Biscuits introduces spicy chicken strips as first of "many" new menu items for 2003.
One of Quiznos top-selling featured subs from 2002 has returned to the menu as part of the chain's effort to maintain variety.
Today Del Taco announced its 13th consecutive year of same store sales growth, an accomplishment bolstered by the additional news that average unit volume in 2002 surpassed the $1 million mark.
CiCi's Pizza founder, president, and CEO Joe Croce will hand over ownership of the company to his management team.
Papa John's January 2003 domestic comparable sales were up 1.8 percent, composed of a 0.9 percent increase at company-owned stores and a 2.1 percent increase at franchised locations.
Wendy's has announced preliminary same-store sales for January 2003.
Burger King has announced the launch of the "Burger King Franchisee Financial Restructuring Initiative" to address the financial challenges of distressed franchisees.
Today Wendy's International, Inc., reported results for 2002, highlighted by record systemwide sales of $9.4 billion, up 12.7 percent from the previous year.
National partnership puts popular hot sauce in all Popeyes restaurants.
Hit worst of all was KFC, where sales fell by 6 percent during the period ending January 25