Industry News

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.

...

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:

...

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...

Sonic Corp. (NASDAQ/NM:SONC) today announced that estimated system-wide same-store sales during September and October were slightly below the company's targeted range of 1% to 3%.

The...

Schlotzsky's Inc. (Nasdaq:BUNZ), will begin this month baking the unique, European-style baguettes, rounds and loaves of award-winning chef-author Nancy Silverton of California's Campanile...

Kahala Corp. (OTCBB: KAHA) today announced its earnings for the first nine months of 2002 totaled $641,966, or $0.03 per basic share and $0.02 per diluted share, compared to net income of $125...

Diageo PLC announced today that it was informed on November 15 by Texas Pacific Group and its partners that a purchase of Burger King from Diageo was no longer possible under the previously...

Cosi, Inc., a New York-based fast-casual chain, will be making an initial public offering this Friday in an attempt to raise some $50 million.

Pricing for the 5.6 million shares, which...

Krispy Kreme Doughnuts, Inc. (NYSE: KKD) announced today that it has signed a development agreement to open 25 stores in the United Kingdom.

Krispy Kreme will partner with Chesire and Kent...

Nathan's Famous, Inc. (Nasdaq:NATH) today reported results for the second quarter of its 2003 fiscal year ended September 29, 2002.

Net loss for the twenty-six weeks ended September 29,...