Recent News

McDonald’s Reports Year-to-Date April Sales

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.

CKE Announces EPS, Same-Store Sales

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.

Chick-fil-A Will Move Distribution

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 Pledges to Boys and Girls Clubs

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.

McDonald’s McSalad Shaker ‘On The Fly’

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 Opens 31st

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.

Popeye’s Announces 1Q Results

Interfoods of America Inc. (OTCBB:IFDA), the Miami-based Popeye’s Chicken & Biscuits franchisee announced on February 14 its first quarter results for the quarter ended Dec. 31, 1999. The company reported total revenue of $12,494,584 compared to total revenue of $6,042,873 for the quarter ended Dec. 31, 1998, an increase of 107%. The increase in revenue […]

Subway Celebrates “Mil-Looney-Um”

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 Ticker Symbol Changes

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.

Subway Selects MediaCom

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).

Court Approves Dairy Queen Settlement

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.

Popeyes Starts Cajun Cafe Concept

Popeyes Chicken & Biscuits announced December 2 the expansion of its stable of Cajun concepts with the opening of the Popeyes Cajun Cafe™ at Southlake Mall in Atlanta.

Popeyes Sponsors NASCAR Team

Popeyes Chicken & Biscuits announced February 22 that it has entered into a six-race NASCAR Busch Series primary sponsorship association with driver Rich Bickle and Bickle/Smith Motorsports.

Popeyes Hires New VP

Popeyes Chicken & Biscuits, the worldwide leader in the Cajun segment of the restaurant industry, today announced the hiring of franchise industry veteran J.A. Archer as Vice President–Development Services.

Subway Continues Global Growth

Subway Restaurants has two new flags flying in the Hall of Flags in its Milford, Connecticut headquarters for the newest member-nations to open sandwich shops, the Republic of Zambia and the country of Guyana.

All the World Loves Great Bread

In a major company initiative encompassing more than a year’s worth of in-depth research and development, Subway Restaurants announced March 26 the roll out of its re-formulated Italian and wheat bread.

Burger King President Resigns

As of January 10, 2000 Paul Clayton has resigned as president of Burger King Corporation’s North America division to become chief executive officer of The Jamba Juice Company.