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    Industry News

  • 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 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 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 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.
    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 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 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 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 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.
    Celebrating more than 5 successful years in business, Wetzel's Pretzels is continuing its expansion outside the U.S.