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Set in motion by a complete recipe overhaul and a corresponding marketing campaign, Domino’s Pizza Inc.’s results for the fourth quarter and fiscal year 2010, both ended Jan. 2, featured a big boost in profits. The company’s domestic same-store sales grew 6.3 percent during Q4 '10 versus the year-ago period, and 9.9 percent for the full year.
David Flanery, Papa John's International Inc.’s chief financial officer, has announced his intention to retire in May after serving 16 years with the company. Lance Tucker will transition into the role upon Flanery’s departure. Flanery joined Louisville, Ky.-based Papa John’s...
CEC Entertainment Inc., parent company of Chuck E. Cheese’s, has announced its financial results for the fourth quarter ended Jan.
CiCi’s Pizza has selected New York City-based BoeFly, an online marketplace that executes commercial transactions, to assist its franchisees in obtaining bank financing. Nearly half (49.2 percent) of the respondents in a recent member survey conducted by the International Franchise...
Papa John’s International Inc., headquartered in Louisville, Ky., has reported its fourth quarter and full-year 2010 results, including 21 percent franchise system sales growth in Q4 '10. Revenues for the quarter were $286.8 million, representing an increase of 5.2 percent...
Four Star Pizza, which is owned by Zowington and has locations throughout Ireland, has been bought by Gonville Ltd. after struggling with creditors since last year. Gonville is owned by hotelier Michael Holland. According to the Irish Times, the company...
Richmond, British Columbia-based Boston Pizza Royalties Income Fund and Boston Pizza International Inc. each reported financial results for the fourth quarter period, Oct.
CEC Entertainment Inc. will host a conference call with investors Feb.
California Pizza Kitchen Inc. reported financial results for the fourth quarter and fiscal year 2010 ending Jan.
Pizza Inn Inc.’s revenue increased slightly in the second quarter of fiscal year 2011, ended Dec. 26, compared to the same period a year ago. Company revenues finished at $21 million compared to $20.4 million for 2Q10. Net income for...
Concord, Calif.-based Round Table Pizza, which includes 470 franchise- and company-owned stores, has filed a petition for protection under Chapter 11 with the U.S. Bankruptcy Court in Oakland, Calif. The move is anticipated to improve the company's cash flow and...
Toronto-based Pizza Pizza Royalty Income Fund and Pizza Pizza Limited announced that effective Jan. 1, 2011, the pool of restaurants on which royalties are paid to the fund by PPL has been increased to include 24 new Pizza Pizza restaurants and seven new Pizza 73 restaurants. Of the 24 new Pizza Pizza restaurants opened between Jan.
The board of directors of Yum! Brands Inc. have given the green light for the repurchase of $750 million of the company's outstanding stock throughout the next 18 months. This is in addition to the approximately $130 million authorized in...
Famous Brands Ltd. has reported a staggering 13.3 percent sales growth for December 2010.
Pizza Hut UK has tapped Mercer to provide de-risking services for the company’s 50 million pound (about $76 million) pension fund. Mercer’s investment strategy, which manages the plan’s assets against its liabilities, enables Pizza Hut’s fund to benefit from market...
Pizza Inn Inc. has signed an agreement to expand its term loan credit facility with Amegy Bank to $2.56 million.
Pizza Hut Inc. will invest $10 million in New Orleans and Baton Rouge, La., within the next 18 months.
As a result of a downtick in same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) fell below 100 in November. The RPI – a monthly composite index that tracks the health of and outlook for the U.S.
Fueled by improving same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) rose to its highest level in more than three years. The RPI – a monthly composite index that tracks the health of and...
Driven by improving same-store sales and customer traffic levels, as well as growing optimism among restaurant operators, the outlook for the restaurant industry improved in September. The National Restaurant Association’s Restaurant Performance Index (RPI) – a monthly composite index that tracks the health of and outlook for the U.S.
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