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Pizza Hut franchisee closes sale of parent company
NPC International Inc., the largest Pizza Hut franchisee in the country, has announced the closing of the acquisition by NPC International Holdings Inc., a Delaware corporation, of all the … -
Papa John's raises earnings guidance
Papa John's International Inc. has released its 2012 operating assumptions and earnings guidance, and announced an increase in its 2011 earnings per share range to $2.15 to $2.20. The company … -
Round Table to emerge from bankruptcy this week
Concord, Calif.-based Round Table Pizza Inc., which filed for Chapter 11 protection in February, will emerge from bankruptcy this week, after confirming its consensual plan of reorganization Dec. 12 … -
CNBC names Domino's CEO top boss of the year
J. Patrick Doyle, Domino's Pizza president and CEO, has been recognized by CNBC as the "Berbie Winner" for best CEO of 2011. Under Doyle's leadership, the company's total debt has been reduced by … -
Pizza Hut acquires 46 Ohio units from franchisee
Pizza Hut Inc. repurchased 46 restaurants in the Dayton and Cincinnati, Ohio, markets from a single franchisee. According to the Cincinnati Business Journal, the company plans to revitalize the … -
Restaurant Performance Index unchanged in October
The National Restaurant Association's Restaurant Performance Index (RPI) stood at 100.0 in October, essentially unchanged from September's level of 100.1. October's steady RPI level was the result of … -
Russo's New York Pizzeria offers veteran franchise discounts
Russo's New York Pizzeria has announced its membership in the national VetFran Program and will immediately begin offering discounts to veterans of the U.S. Armed Forces who want to own a Russo's … -
Yum! Brands raises 2011 guidance
Yum! Brands Inc. has increased its full year 2011 EPS growth forecast to at least 13 percent, or $2.85 a share, excluding special items. The previous guidance was at least 12 percent. Yum! also has … -
Sbarro officially emerges from bankruptcy
New York-based Sbarro Inc., along with its domestic subsidiaries, has successfully emerged from Chapter 11, making its Plan of Reorganization effective today. The move reduces the company's debt by … -
Giordano's sold to private equity group
Less than a year after filing for bankruptcy, Chicago staple Giordano's Enterprises Inc. has been sold to VPC Pizza Holdings LLC for $52 million. VPC Pizza Holdings is a a Delaware limited liability … -
Yum! Brands adds member to board of directors
Yum! Brands Inc. has appointed Mirian M. Graddick-Weir, 56, to its board of directors effective Jan. 26, 2012. Graddick-Weir is the executive vice president of Human Resources of Merck & Co. Inc … -
Major Pizza Hut franchisee sold to Olympus Partners
NPC International Inc., the largest Pizza Hut franchisee in the country with 1,153 restaurants in 28 states, has announced that its parent company, NPC Acquisition Holdings LLC, has been sold to … -
Papa John's reports big Q3 profits
Boosting the quarter's performance was a heavier focus on national media, as well as the execution of a premium price point plan.- Alicia Kelso -
Pizza Inn increases credit facility to grow Pie Five concept
Pizza Inn Holdings Inc. has added an amendment and restatement of its term loan credit facility with Amegy Bank to expand the term facility by $4.0 million, providing additional capacity for … -
Papa John's franchisee gets funding from GE Capital
GE Capital, Franchise Finance recently completed a $9.5 million transaction with BAJCO Group, a Papa John's Pizza franchisee, for the refinancing of existing debt. Funding was provided through GE … -
Sbarro amends Chapter 11 plan to reduce debt
Sbarro Inc. has filed an Amended Disclosure Statement and related Amended Plan of Reorganization with the U.S. Bankruptcy Court for the Southern District of New York. Under the Amended Plan, Sbarro … -
Sold: Yum! Brands finds buyers for Long John Silver's, A&W
Yum! Brands Inc. announced today that it has signed definitive agreements to sell Long John Silver's Inc. and A&W Restaurants Inc. to two separate buyers led by key franchisee leaders. Both sales …- Alicia Kelso -
Pizza Inn reports strong Q4 and fiscal year
Pizza Inn Inc. has announced its fourth quarter and fiscal year 2011 results, ended June 26. Net income increased to $407,000, or $0.05 per share, for the fourth quarter compared to net income of $49 … -
Restaurant State of the Industry Report, Part 2 now available
The Restaurant State of the Industry Report, Part 2: Business Strategy, developed and published by FastCasual.com, is now available for purchase. The benchmark survey takes a comprehensive look at … -
Domino’s postpones refinancing in volatile market
Ann Arbor, Mich.-based Domino's Pizza Inc. announced it is postponing the proposed early refinancing of its existing securitized debt due to volatility in the financial markets. Wall Street fell more …
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