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Financial News News & Media

Domino’s knocks down 91 straight quarters of global growth

by S.A. Whitehead — Food Editor, Net World Media Group

Domino’s Pizza continues to dominate the category with another strong quarter of financials marked by strong growth in same store sales, global store counts…

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Uncle Maddio's on franchisee failure: Lessons learned drive growth forward

by Cherryh Cansler — Editor, FastCasual.com

When you build a brand, you are taking a chance on new franchisees. There will be failures, shares Uncle Maddio's. The trick is to turn those failures into…

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Commodity prices rise amidst a week of restaurant turmoil

by S.A. Whitehead — Food Editor, Net World Media Group

Amidst a week of bankruptcy announcements and less-than-rosy financial news across the restaurant industry, increasing commodity prices only rubbed salt in the…

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Report reveals record wave of restaurant chain failings

October 17, 2016

An industry "over-expansion" is the culprit behind a wave of bankruptcy declarations by restaurant chains. 

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Study: UK says 'God save the restaurant industry'

October 4, 2016

NPD Group said its latest food service tracking results show that Brits may want out of the European Union, but their love of eating out has never been…

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Commodities: Yum Brands only gainer during a tough week for pizza stocks

by S.A. Whitehead — Food Editor, Net World Media Group

Aside from Pizza Hut parent, Yum Brands, last week was a pretty rough one for pizza stocks.

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Yum! Brands okays separation, increases dividend and appoints board member

by S.A. Whitehead — Food Editor, Net World Media Group

Lots of high-level action occurring this week at Yum Brands with its board of directors giving the go-ahead to the previously announced separation of the…

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Rave restaurant group taps director of franchise development

September 28, 2016

Pie Five and Pizza Inn parent, Rave restaurant, has tapped restaurant industry veteran, Brett Heinen, as director of franchise development.

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Commodities: Another profitable week for pizza operators

by S.A. Whitehead — Food Editor, Net World Media Group

Aside from stabilizing auto fuel prices and slightly rising natural gas prices, last week was a particularly rosy one for pizza restaurateurs' bottom lines.

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Troubles at Pie Five lead to negative fiscal 2016 for Rave Restaurant Group

September 23, 2016

Rave Restaurant Group today reported financial results for its fourth quarter and fiscal year, ending June 26. A news release about the results explains that…

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Study: Independent restaurants struggling to survive in flat food service economy

September 19, 2016

While the total number of restaurants nationally has dropped slightly, the losses in numbers are mostly among independent eateries, particularly those which…

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Commodities: A good week to be in the pizza biz

by S.A. Whitehead — Food Editor, Net World Media Group

Despite all the doomsayers last week, predicting the beginning of a restaurant recession, pizza restaurateurs had a very good week last year at the market.

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Investors pump $4.5M into New England pizza chain

September 14, 2016

New England-based Oath Craft Pizza closed on a $4.5 million Series A investment this week led by Boston-based venture capital firm, Breakaway Ventures. This…

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The franchisee's financial 4: Top tips to get investors to show you the money (Part 2 of a series on restaurant financial issues)

by S.A. Whitehead — Food Editor, Net World Media Group

In yesterday's initial part of this series, readers got expert advise on equipment leasing options and how they can help with your overall food service…

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New research shows steep decline in lunch traffic

September 13, 2016

More harrowing news today on the possible decline in business across food service, but this time the research revolves specifically around the lunch day-part…

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Commodities: Prices on the rise

by S.A. Whitehead — Food Editor, Net World Media Group

The price of commodities were mostly on the rise last week, while the value of pizza stocks fell, making the holiday week less than happy one for those in the…

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Papa John's franchisee to open 60 more Mexico locations

September 8, 2016

Papa John's is expanding in Mexico and will build 60 restaurants there over the next eight years, thanks to a development agreement signed with Orquest Foods.

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Leadership partners with investment firm to acquire Cicis

September 7, 2016

Cicis pizza buffet has new owners. The Arlon Group, a food and agriculture investment firm, has partnered with the chain's current management team to acquire…

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Commodities: Cheese, wheat prices down, pizza stocks up

by S.A. Whitehead — Food Editor, Net World Media Group

For pizza restaurateurs, it was largely a good week, with cheese prices continuing their descent, along with lower wheat prices and mostly improved pizza stock…

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Yum China sold for $460M

September 2, 2016

Yum Brands is selling the Chinese arm of its company, Yum China, for $460 million. They buyers are a China-based global private equity firm, Primavera Capital…

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