Recent News

Federal Court Rules In Favor of Burger King

Judge Marianne Battani of the United States District Court for the Eastern District of Michigan entered a summary judgment today dismissing all claims made by La-Van Hawkins and his operating companies against Burger King Corporation.

Tricon and KFC’s Executive Shuffle

Tricon Global Restaurants, Inc. today announced three executive appointments to strengthen the company’s focus on new unit expansion and KFC’s sales growth and operations.

Chick-fil-A Partners With Office of Highway Safety

Chick-fil-A, Inc. today announced a three-year extension of a partnership with the governor’s office of highway safety (GOHS) to conduct the Georgia Teen Safe Driving program, a statewide program encouraging teenage drivers to buckle up.

CKE Announces 3Q Results

CKE Restaurants, Inc. today announced the results for its third fiscal quarter, the 12 weeks ended November 6, 2000.

Burger King Launches Fox Kids Internet Promotion

Burger King Corporation today announced that FoxKids.com, a popular Web sites for children ages 6-14, will offer kids the chance to play “Burger Blitz,” an exclusive Burger King game on the Fox Kids’ site.

A&W Seeks Non-Traditional Venues

A&W Restaurants, Inc., which pioneered the drive-in restaurant in the United States, continues its expansion into non-traditional venues and recently announced the opening of two restaurants.

Checkers CEO Purchases 100,000 Shares

Checkers Drive-In Restaurants, Inc. today reported that its chief executive officer, Daniel Dorsch, has exercised previously granted options to purchase 100,000 shares of the company’s stock.

Panera Bread Responds to Report

Panera Bread made an announcement today contradicting reports that chairman and CEO Ron Shaich owned just 2,141 shares of common stock.

McDonald’s Honors 15 Hometown Crew

Fifteen hometown McDonald’s crew people are being recognized for their participation in McDonald’s first-ever, International Crew Olympics, which took place on October 28.

Quizno’s Names Distributor

The Quizno’s® Corporation and Multifoods Distribution Group (MDG), a subsidiary of International Multifoods Corp., today announced that MDG will become the exclusive distributor of food and paper products to the Quizno’s restaurant chain in the United States.

Sonic Sees 1Q 2001 Performance On Target

Sonic Corp. today said that it remains comfortable with market expectations for earnings growth in the first quarter of fiscal 2000, as expressed by the current consensus estimate of $0.31 per diluted share.

Chick-fil-A Reaches Billion In Sales Milestone

Chick-fil-A, Inc. today announced a major corporate milestone, reaching $1 billion in annual sales this weekend, and attributes its financial success to a strong dedication to creating customer satisfaction.

McDonald’s November 2000 Sales

McDonald’s reports that systemwide sales for November 2000 were $3.2 billion, an increase of 10% on a constant currency basis* compared with November 1999.

Panera Bread Responds to Report

Panera Bread objects to a report that indicates Panera Bread Company chairman and CEO Ron Shaich owns just 2,141 shares of common stock.

Tricon Pleased by McLane Purchase of AmeriServe

Tricon Global Restaurants, Inc. said it is very pleased that McLane Company, Inc., a subsidiary of Wal-Mart Stores, Inc., has finalized its purchase of the U.S. distribution business of AmeriServe, providing Tricon with an outstanding distributor going forward.

Menu for Caring Serves United Way

Captain D’s raised $6,757 for the United Way of Metropolitan Nashville during the Menu for Caring fund-raising project held November sixth.