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.

Pizza Pizza announces Q2 results

Pizza Pizza Royalty Income Fund and Pizza Pizza Limited today announced results for the second quarter ended June 30, 2011. Second Quarter Highlights include: Same-store sales increased 3 percent. Earnings per unit before income taxes increased 6.2 percent. Payout ratio...

Sbarro plans bankuptcy exit strategy

Sbarro Inc. entered bankruptcy this year but has proposed a restructuring plan that would give ownership of the company to senior lenders. Under the terms of the proposed plan, Sbarro expects to reduce its debt by approximately 73 percent, or...

Technomic: Chains continue to grow through franchising

As the economy keeps moving at a slow pace, restaurant brands continue to tap into franchising as an avenue for growth. According to a new report by Technomic and Restaurant Finance Monitor, "2011 Top 400 Restaurant Franchise Company Report," the...

Uno picks Boefly for franchise funding assistance

BoeFly, an online marketplace connecting lenders with business borrowers, has been selected by Uno Brands to assist its franchisees in obtaining bank financing. Through BoeFly, Uno Brands can offer its franchisees access to a network of lenders through the posting...

MaMa Rosa's under new ownership

Refrigerated pizza-maker MaMa Rosa's Pizza is now solely under the ownership of Huntsman Gay Global Capital. According to the Kansas City Business Journal, several Kansas City-area private equity firms sold to the Palo Alto, Calif., private equity firm that claimed...

Pizza Hut’s biggest franchisee reports Q2 earnings

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...

NRA’s restaurant industry outlook strengthened in June

Driven by stronger same-store sales and traffic levels and a more optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) rose above 100 in June. The RPI – a monthly composite index that tracks the health...

Cono Italiano secures $200,000 investment

The world may be one step closer to eating cone-shaped pizza. Cono Italiano Inc.

Sycamore Ventures buys Papa Bello Enterprises

A San Diego-based venture capital firm, Sycamore Ventures, has acquired ownership control of Papa Bello Enterprises Inc.

NRA: Restaurant industry optimism, sales take a hit in May

As a result of softer same-store sales and traffic levels and fading optimism among restaurant operators, the outlook for the restaurant industry softened in May, according to the National Restaurant Association's Restaurant Performance Index (RPI). The index is a monthly composite that tracks the health and future outlook of the U.S.

Yum! franchisee in Canada sells majority of units

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....

New Pizza Inn unit sets sales record

Pizza Inn Inc.'s new Rocky Mount, N.C., location set a record for the biggest opening in company history with a sales increase of more than 60 percent in the first two weeks. The Rocky Mount unit also is the largest...

Sbarro ends bankruptcy process, seeks buyers

It looks like New York-based Sbarro Inc. won't be receiving Chapter 11 protection, after all.

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 characterized by its proprietary soup...

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 $246.3 million in Q1 '10.

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.

Domino’s first quarter revenue up

Domino's Pizza Inc. experienced a 1.4 percent decline in U.S.

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 international stores. Earnings per share increased 18.5 percent over the same period last year.

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 (FSE) under the stock symbol "1PJ.F." The company officially went public with the ringing of the bell Feb.

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