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    Industry News

  • McDonald's Corporation reported today that Systemwide sales for the first four months of 2000 were $12.874 billion, a 9% increase on a constant currency basis compared with the same period last year.
    In conjunction with its annual analyst/investor meeting in Marina Del Rey, Calif., CKE Restaurants, Inc. announced May 9 estimated fiscal year 2001 earnings per share in the range of $0.19 to $0.23.
    Domino's, Inc.announced May 9 strong operating results for the first quarter of 2000, which ended March 26, 2000.
    Chick-fil-A, Inc. announced May 8 that it plans an orderly transition of distribution services from AmeriServe Food Distribution, Inc. for its entire system of Chick-fil-A restaurants.
    Churchs Fried Chicken announced May 8 a million-dollar pledge to Boys and Girls Clubs of America (BGCA), sending 2000 urban youth to summer camp over the next four years.
    Beginning May 8 through June 7, select United Airlines flights outbound from Chicago's O'Hare Airport will be offering a new lunch option for customers—McDonald's Grilled Chicken Caesar McSalad Shaker.
    Famous Dave's of America, Inc. announced February 21 the completion of a $3.8 million mortgage financing with Franchise Finance Corporation of America, a national real estate investment trust.
    Subway has teamed up with Warner Brothers, producers and distributors of entertainment products, to celebrate the "Mil-Looney-Um" from November 15 1999 through January 2, 2000.
    Jerry's Famous Deli, Inc., which is listed on the Nasdaq Smallcap System, began trading February 29 under the ticker symbol DELI. The stock had previously traded under the symbol DELDC.
    AFC Enterprises announced December 2 that Popeyes Chicken & Biscuits has signed two development agreements for expansion in South America and Europe.
    As of February 15, 2000, the Subway Franchisee Advertising Fund Trust (SFAFT) has awarded its national media agency-of-record account to MediaCom (New York).
    On May 31, the court in the dispute between International Dairy Queen, Inc. (IDQ) and its franchisees gave final approval to a settlement announced on March 10, 2000.