Industry News

Panera Bread Company yesterday reported that it has signed an agreement with its Dallas franchisee, Dallas-Ft. Worth Bakery, LP, to repurchase the development rights to the Dallas market. The...

Wendy's International, Inc. (NYSE: WEN - News) announced today sales results for 2002, the fourth quarter and December (period 12 ended on December 29, 2002).

Same-store sales for the year...

McDonald's chairman and chief executive officer Jim Cantalupo continued to build his management team with the appointment yesterday of Russ Smyth as president of McDonald's Europe.

Smyth, 46...

Yum! Brand Inc. closed the quarter ending December 28 with same-store sales down by 1 percent at U.S. company-owned restaurants and by 6 percent at KFC. Same-store sales for the quarter rose by 3...
Tug, Jen, Kat, Rip, and Scooter. Meet the Aqua Agents, and they're coming to a Captain D's restaurant near you.

The seafood restaurant chain announced today that the Aqua Agents have begun to...

Louise is a no-nonsense, energetic, Captain D's store manager who knows the secret to great hushpuppies. She's also the new "spokesperson" this year for the seafood chain. Captain D's launched a...
Burger King Corp. announced on Friday that it has chosen Coca-Cola Co. as its approved soft drink supplier in international markets.

The deal places Coca-Cola and its products in...

Whataburger, Inc. announced today it has closed its largest franchising deal for the state of Florida. The partnership with a franchise group called JWB Ventures includes a commitment to build 28...

Sonic Corp. today reported record results for the first quarter of its 2003 fiscal year, which ended November 30, 2002. Key aspects of the company's quarterly report included:

* A 13...

Papa John's International, Inc. announced yesterday evening domestic systemwide comparable sales for the five weeks ended December 29, 2002 decreased 3.5 percent (composed of a 0.3 percent...
In conjunction with the reintroduction of 99 cent 7-Layer Nachos, Taco Bell today announced the "Nach-O-Day" New Year's Eve Sweepstakes where the company asks consumers why Dec. 31 was not their...

Reuters reported late Friday that Moody’s Investors Service said it may cut McDonald’s Corporation’s (NYSE: MCD) “Aa3” long-term senior debt ratings, Moody’s fourth highest credit grade....

The QSR Portfolio for December 20, 2002

DJIA8,512.01147.211.76%
NASDAQ...

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...