Arby’s Restaurant Group, Inc., a subsidiary of Triarc Companies, Inc. (NYSE: TRY – News, TRY.B – News), announced today that it exceeded its development goals for 2007 with the opening of 148 Arby’s restaurants and the signing of new commitments to open an additional 197 restaurants throughout the U.S. and Canada.
“We have continually increased restaurant openings and expanded our footprint across the U.S. since the acquisition of our largest franchisee, RTM, and subsequent formation of Arby’s Restaurant Group,” says Tom Garrett, President and COO, Arby’s Restaurant Group, Inc. “We are well on our way to meeting our long-range goal of 5,000 restaurants in North America.”