Top Sandwiches News

Wayne Levin and a business partner will relocate to southern Poland to oversee Subway restaurant operations and franchise recruitment in that country.

Panera Bread Company announces it’s signed with a new franchise group to develop twenty units in three Houston-area counties.

Subway Restaurants announces the opening of its first location in India, another milestone in the international development of the world’s largest submarine sandwich chain.

Subway Restaurants is working with the American Heart Association as a new national sponsor of the American Heart Association’s American Heart Walk.

Panera says its same-store sales increased 5.7 percent for the four weeks ended December 1, 2001.

Subway Restaurants announced the recent opening of its first franchisee training center in the People’s Republic of Chin, in the city of Beijing.

Subway announced its first location at the United States Air Force Academy, located on the academy’s campus in Colorado Springs, Colorado. This restaurant is an important step, according to the chain, because it is the first Subway franchise to be owned and operated by the Army and Air Force Exchange Service, or AAFES.

The two chains with a common parent, Triarc Restaurant Group, are looking to make every customer a winner.

It’s not just the bread that’s rising at Panera. Third-quarter net income at the chain jumped more than 81 percent.

Arby’s “Quest for the Best” video, a sixteen-minute presentation created to boost employees’ delivery of customer service, took the 2001 “Best in Show” Gold Aurora Award.

Schlotzsky’s, Inc., reported a substantial increase in the company’s 3Q 2001 earnings: EPS of $0.09, versus $0.02 in the prior year’s third quarter. Now, says president and CEO John Wooley, Schlotzsky’s is ready to focus on resuming growth in systemwide sales.

Panera Bread Company reported that system-wide comparable bakery-cafe sales
increased 5.4% for the four weeks ended October 6, 2001.

Schlotzsky’s Inc. (Nasdaq:BUNZ) today announced details for the release of its results
for the third quarter ended September 30, 2001.

Schlotzsky’s and IBM announced
an agreement which provides the foundation for the approximately 700
Schlotzsky’s quick service restaurants worldwide to be linked together and equipped with advanced
IBM e-business technology.

TurboChef Technologies, Inc. announces the expansion of its pilot test program with Subway Restaurants in the US and Puerto Rico.

Panera Bread Company today reported that system-wide comparable
bakery-cafe sales increased 3.3% for the four weeks ended August 11, 2001.

Arby’s, Inc. has signed two separate multi-unit development agreements with franchisee owners Jan Headlee and Tom Clarke for a total of 20 new Arby’s locations in New York.

The Quizno’s Corporation announced a
profit of $497,060 net income applicable to common shareholders, or $.16 per diluted share, in the 3rd
quarter of fiscal 2001 ending June 30.

The Arby’s Foundation™ divvied up $50,000 in scholarship money between twelve outstanding youths from the Big Brothers Big Sisters of America (BBBSA) mentoring program.

Panera Bread Company today
reported that net income for the twelve weeks ended July 14, 2001 rose 70% to $2,354,000 or
$0.16 per diluted share.

Triarc Companies, Inc. (NYSE: TRY) announced today that the Company
purchased all of the remaining 1,999,207 shares of non-voting Triarc Class B common stock held by affiliates of Victor Posner at a per
share price of $21.93, for a total purchase price of approximately $43.8 million.

Schlotzsky’s Inc. today
announced results for the second quarter of 2001, including net income of $751,000, or $0.10 per share (diluted), compared to a net loss of $4.0 million or $0.54 per share in the second quarter of last year, when the turnkey program was cancelled.

Panera Bread Company (Nasdaq: PNRA) announced
an agreement with the Cain Group of Little Rock, Ark., to open 10 Panera Bread bakery-cafes
in Montgomery, Harris and Fort Bend Counties in the Houston, Texas, area.

The Quizno’s Corporation (Nasdaq: QUIZ) today
announced that it has entered into a definitive merger agreement with a corporation formed by
Richard E. Schaden and Richard F. Schaden, the Company’s majority shareholders.

Subway Restaurants and Cartoon Network are working together to
produce a fun-filled toy promotion as part of Subway’s Kids’ Pak meal.
It begins May 28 and runs until July 8.

At today’s annual meeting of
shareholders in Austin, Texas, Schlotzsky’s Inc. chairman
and CEO John C. Wooley will outline the company’s growth and financial strategy.

The Quizno’s Corporation (Nasdaq: QUIZ) has received
a proposal to complete a second-step going private transaction that follows the Company’s self-tender offer late last
year.

The Quizno’s Corporation posted a profit of $360,619, or $.12 per diluted share, in the
2nd quarter of fiscal 2001 ending March 31.