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Financial Management News & Media

Canada’s Pizza Pizza posts 2010 results

February 17, 2011

Pizza Pizza Royalty Income Fund, headquartered in Toronto, announced its fourth quarter and 2010 results ended Dec. 31.

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Brazil Fast Food 2010 sales up 12 percent

February 16, 2011

Brazil Fast Food Corp., which operates almost 800 Yum! Brands units in Brazil, including KFC and Pizza Hut São Paulo, announced financial results for the…

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Domino’s UK drops ‘Talent’ sponsorship

February 14, 2011

The reality television show that launched Susan Boyle’s career has lost one of its major sponsors. Domino’s Pizza U.K. pulled its name from Britain’s Got…

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Canada's Boston Pizza reports record earnings

February 10, 2011

Richmond, British Columbia-based Boston Pizza Royalties Income Fund and Boston Pizza International Inc. each reported financial results for the fourth quarter…

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CEC Entertainment announces earnings call

February 10, 2011

CEC Entertainment Inc. will host a conference call with investors Feb. 24 to discuss financial results for the fourth quarter and year end Jan. 2, 2011. The…

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Round Table Pizza files for Chapter 11

February 9, 2011

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…

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Canada’s Pizza Pizza adds to royalty pool

February 3, 2011

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…

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Yum! names new VP, corporate controller

January 30, 2011

Louisville, Ky.-based Yum! Brands has promoted David Russell to the position of vice president, corporate controller, effective Feb. 18. He currently serves as…

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Fledgling Empire Pizza ready for growth

January 27, 2011

A Watertown, N.Y. staple is the first eating establishment to be purchased by the newly formed Empire Pizza Holdings Inc.

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Consumers to alter budgets amid rising gas, food costs

January 18, 2011

As food companies and restaurant operators make hard fought attempts to keep from raising prices, U.S. consumers are bracing to pay more for their food in…

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Pizza Hut UK taps pension consultant

January 17, 2011

Pizza Hut UK has tapped Mercer to provide de-risking services for the company’s 50 million pound (about $76 million) pension fund.

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Pizza Inn plants seed for company store growth

January 13, 2011

Pizza Inn Inc. has signed an agreement to expand its term loan credit facility with Amegy Bank to $2.56 million. This move provides more capacity for continued…

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Rumor mill: Sbarro closing some shops

January 13, 2011

A week after announcing a credit default and receiving a downgraded “junk” rating from Standard & Poor’s,  Sbarro Inc. pizza chain may be closing some of…

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Major franchise fee withheld from Yum! International

January 10, 2011

Priszm Income Fund, owner of several Canadian KFC, Taco Bell and Pizza Hut locations, has withheld a $2 million franchise fee to Yum! Restaurants International…

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Sbarro defaults, hires financial adviser

January 6, 2011

Sbarro Inc. pizza chain has defaulted on a credit agreement and has hired Rothschild Inc. to help it explore strategic financial options.

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Papa John’s sets operational guidance for 2011

December 20, 2010

Papa John's International Inc. has announced its projections for 2011, including a 16 percent increase in earnings per share and a global systemwide sales…

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Mazzio’s Italian Eatery approved for franchise registry

December 2, 2010

Mazzio’s Italian Eatery, a Tulsa, Okla.-based pizza chain, is the most recent addition to the Franchise Registry, a listing of approved Small Business…

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Papa John's enters new $175 million credit facility

September 8, 2010

Papa John's has entered into a more flexible five-year revolving credit facility, according to Reuters. The credit line is for $175 million, and replaces one…

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Domino's-ACI union to allow pizza company to take new payment forms

August 25, 2010

ACI Worldwide Inc, a leading international provider of electronic payments software and solutions, has announced a partnership with Domino's Pizza to…

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