Recent News

Koo Koo Roo Joins Campaign, Research Study

Koo Koo Roo, Inc., a subsidiary ofPrandium, Inc., announced March 3 that its San Diego locations have been selected to participate in a landmark study sponsored by the California Department of Health Services, Accents on Health, Inc.

Pepsi and Tricon Renew Long-Term Alliance

Pepsi-Cola Company and Tricon Global Restaurants, Inc. announced May 2 a multiyear renewal of the strategic beverage supply and marketing arrangement for the KFC, Pizza Hut and Taco Bell restaurant brands in the U.S.

Chihuahua Rings NYSE OpeningBell

For several weeks this spring, full-page ads appeared in national publications announcing the “least expensive and most accessible Initial Public Offering in U.S. history.”

Boston Chicken Responds to Einstein Bankruptcy Filing

Boston Chicken, Inc. does not expect Einstein/Noah Bagel Corp.’s Chapter 11 filing to have any material effect on the business or operations of its Boston Market stores, or on Boston Chicken’s own Chapter 11 process.

CKE Teams with Gas Stations

Equilon Enterprises LLC, Motiva Enterprises LLC and CKE Restaurants, Inc. today announced the formation of two venture companies to develop sites that offer both quick-service restaurants and gasoline facilities nationwide.

Tricon Reports Successful First Quarter

Tricon Global Restaurants, Inc. reported first quarter ongoing operating earnings of $96 million, or $0.64 per share, a 28 percent increase for the quarter ended March 18, 2000.

Zero’s Rolls Out Pokemon Promotion

Richard Michael, president and CEO of American Kiosk Corporation, franchisor for Zero’s, Mr. Submarine and Pizza Place announced May 1 that the company has aligned itself with a major premium distributor.

Schlotzsky’s Announces 1Q Results

Schlotzsky’s Inc. announced April 26 its financial results for the quarter ending March 31, 2000.

Total revenues for the first quarter of 2000 increased 28% over the same time period in 1999 to $13.1 million.

CKE Declares Cash Dividend

CKE Restaurants, Inc. announced that its board of directors has declared a $.04 per share semi-annual dividend, payable on May 4, 2000 to shareholders of record at the close of business on April 19, 2000.

Back Yard Burgers Teams with NASCAR

Back Yard Burgers is giving away a trip for two to the Pepsi 400 NASCAR auto race in Daytona, Florida as the grand prize in the chain’s Jeff Gordon Twist ‘n’ Go Sweepstakes.

Indiana Youth Receive Honor From McDonald’s, Disney

McDonald’s Restaurants of central Indiana announced April 18 that 17 area students have been selected as Millennium Dreamers in a world-wide program honoring young people for their outstanding contributions to the community.

Burger King Launches Flintstones Tie-In

Burger King Corporation will tie its Big Kids Meals in with Universal Pictures and Hanna-Barbara /Amblin Entertainment’s upcoming film The Flintstones in Viva Rock Vegas

Burger King Moves Distribution Services

Burger King Corporation announced April 12 that it plans an orderly transition of distribution services as the Burger King system leaves its relationship with AmeriServe Food Distribution, Inc.

McDonald’s Reports Year-to-Date March Sales

McDonald’s Corporation reported April 12 that Systemwide sales for the first three months of 2000 were $9.507 billion, a nine percent increase on a constant currency basis compared with the same period last year.

Papa John’s First Quarter Sales

Papa John’s International, Inc. announced April 12 that systemwide comparable sales for the five weeks ended March 26, 2000 increased 0.6%, comprised of a 1.1% increase at company-owned restaurants.

McDonald’s Co-op Names Advertising Agency

Source Communications, a full-service advertising agency based in Hackensack, NJ, has been named advertising agency of record for the McDonald’s Northeast Pennsylvania (NEPA) Co-op.

CKE Appoints VP, Other Officers

CKE Restaurants, Inc. has named Jeff Chasney vice president and chief information officer and promoted Steve Eddings to director, facilities and energy.