- WHITE PAPERS
Papa John's International Inc. today announced revenues of $293.5 million for second quarter 2011, a 4.6 percent increase from revenues of $280.6 million for second quarter 2010.
NPC International Inc., the world's largest Pizza Hut franchisee, today reported results of its second fiscal quarter ending June 28. "During the second quarter our comparable store sales strengthened from our first quarter results while continuing to roll over very...
The head of Canada's restaurant lobby is speaking out against the government's decision to give $7 million of taxpayer money to a German food company for a London pizza plant. According to the Toronto Sun, the Ontario government spent the money to land the Dr. Oetker plant, which makes frozen, ready-to-go pizza.
Domino's Pizza Inc. today announced that some of its subsidiaries intend to refinance their outstanding securitization debt.
The payment-card data breach at a Margarita's restaurant in Huntsville, Texas, is shedding further light on the vulnerability restaurants face from debit- and credit-card hackers. Investigators do not believe any of the employees were involved in the breach that impacted...
Domino's Pizza Inc. today announced results for the second quarter ended June 19.
Global Brands, the company that owns the Domino's Pizza franchise in Switzerland, Luxembourg and Liechtenstein, saw sales in the first half of 2011 rise by 15.4 percent over the same period last year.
United States restaurants may be another step closer to allowing customers to pay with their mobile phones. MobilePayUSA, a division of Irvine, Calif.-based Universal Commerce Inc., announced it is testing a private beta version of its mobile wallet product in...
After grappling with financial issues for months, major Yum! Brands Canadian franchisee Priszm Income Fund has closed 30 of its locations in Ontario and British Columbia, and has received court approval to sell 204 units to Soul Restaurants Canada Inc....
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 Association’s Restaurant Performance Index (RPI) – a monthly composite index that tracks the...
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 $18.50 per share. This price was lower than expectations and its $20 52-week high set in May 2010.
Ann Arbor, Mich.-based Domino's Pizza Inc. plans to present at the Morgan Stanley Retail Conference at 1 p.m.
It looks like New York-based Sbarro Inc. won't be receiving Chapter 11 protection, after all.
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, valued at about $140.1 million. The deal was filed with the U.S.
Philip V. Martino was appointed as the Chapter 11 trustee for Giordano's Enterprises Inc., Giordano's Franchise Inc., Americana Foods Inc.
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 include a systemwide sales jump of 15.3 percent from the first...
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 characterized by its proprietary soup...
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 consumers believe that grocery prices have risen in...
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.
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 $246.3 million in Q1 '10.