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NRA’s restaurant industry outlook remains positive
Buoyed by positive same-store sales and solid optimism among restaurant operators for continued growth, the outlook for the restaurant industry remained positive in April. The National Restaurant …1 comment -
CPK to be acquired by Golden Gate Capital
More than a year after putting itself up for sale, California Pizza Kitchen Inc. and Golden Gate Capital today have announced that they have entered into a definitive agreement for $470 million, or … -
Domino’s Pizza investor event set
Ann Arbor, Mich.-based Domino's Pizza Inc. plans to present at the Morgan Stanley Retail Conference at 1 p.m. ET May 25. The audio webcast event will be broadcast live on the company's Investor page … -
Sbarro ends bankruptcy process, seeks buyers
It looks like New York-based Sbarro Inc. won't be receiving Chapter 11 protection, after all. The company announced that it has consensually terminated its prepetition plan support agreement and … -
Peltz’s Trian Fund acquires stake in Domino’s Pizza
Billionaire Nelson Peltz's Trian Fund Management LP has acquired a 9.7 percent stake in Domino's Pizza. According to Bloomberg, Peltz's hedge fund now holds 6 million shares in the pizza company … -
Giordano’s operations continue through Chapter 11 proceedings
Philip V. Martino was appointed as the Chapter 11 trustee for Giordano's Enterprises Inc., Giordano's Franchise Inc., Americana Foods Inc. and 30 affiliated companies by the U.S. Bankruptcy Court for … -
Yum! sets $586MM offer for China’s Little Sheep
Yum! Brands' footprint in China is about to get even bigger. The company announced today that it has offered to buy China's Little Sheep for $586 million, which would cover Hot Pot Cuisine, a chain …- Alicia Kelso -
Brazil Fast Food Corp. Q1 sales jump 15 percent
Brazil Fast Food Corp., a Yum! Brands franchisee and the second largest quick-service restaurant chain in Brazil, has announced financial results for the first quarter ended March 31. Highlights … -
Technomic: Consumer concerns grow over gas and food costs
Out of the recession does not necessarily mean out of the woods. In its most recent consumer behavior survey, Technomic Inc., the Chicago-based food industry research firm, found that 84 percent of … -
Gas hits $4 mark in many cities
Pizza Inn hits 52-week high; Domino's, Papa John's, Chuck E. Cheese's get earnings report boosts.- Alicia Kelso -
Chuck E. Cheese’s parent company’s profits up
CEC Entertainment Inc., parent company of Chuck E. Cheese's, announced financial results for the first quarter ended April 3. Total revenues for the quarter were up 4.1 percent to $256.4 million from … -
California Pizza Kitchen Q1 revenue down slightly
California Pizza Kitchen Inc. reported financial results for the first quarter ending April 3, including a 0.5 percent decrease in revenues from the same quarter last year. Total revenues for Q1 '11 … -
Domino’s first quarter revenue up
Domino's Pizza Inc. experienced a 1.4 percent decline in U.S. sales during the first quarter 2011 ended March 27. This is compared to an exceptionally strong Q1 '10 following the company's recipe … -
Papa John’s turns in strong first quarter
Louisville, Ky.-based Papa John's International Inc. announced its first quarter results that included a systemwide sales increase of 6.1 percent for North America units, and a 5.6 percent boost for … -
Papa John’s International franchisee goes public
WorldWide Papa's Plc., the exclusive area developer of Papa John's restaurants in St. Petersburg and the Leningrad region of Russia, is now listed on the Deutsche Böerse - Frankfurt Open Market … -
Domino’s announces earnings call
Ann Arbor, Mich.-based Domino's Pizza Inc. will hold its first quarter 2011 earnings conference call at 11 a.m. Eastern May 5. The call will be broadcast live over the Internet and will be archived … -
NPC International reports drop in sales
Kansas-based NPC International, the world's largest Pizza Hut franchisee, reported results for its first fiscal quarter ended March 29. The results included a comparable store sales decrease of 4.7 … -
GE Capital, Franchise Finance offers funds to Church’s, Little Caesars operator
GE Capital, Franchise Finance provided a $7.5 million credit facility to Houston-based MSK Enterprises LLC, which operates 16 Church's Chicken units and 12 Little Caesars units throughout Texas and …
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