Sbarro prepares for Chapter 11 filing

After closing a chunk of stores earlier this year, Sbarro Inc. is preparing to file for bankruptcy protection, maybe as early as next week, according to the Wall Street Journal. The shopping mall pizza staple is rumored to be in...

Canadian Yum! brands franchisee files for bankruptcy

Priszm Income Fund, which owns about 430 Yum! Brands restaurants in Canada, has filed for bankruptcy protection. The move follows an order from the Ontario Superior Court of Justice. Priszm released a statement saying that the filing was made to...

Domino's UK, Ireland Q1 sales up from last year

Domino's Pizza U.K. and Ireland reported first quarter 2011 results Wednesday, which included an increase of more than 11 percent from last year's Q1. The results, though positive, were still affected by difficult trading conditions in the Republic of Ireland,...

Australian Domino’s profits up 16.9 percent

Domino’s Pizza had one of its most successful domestic years in 2010. It also turned in close to a 20 percent sales increase the United Kingdom.  The 50-year-old company flourished elsewhere, as well.

Domino’s caps off a big 2010

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.

Papa John’s promotes new CFO

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 Q4 net drops

CEC Entertainment Inc., parent company of Chuck E. Cheese’s, has announced its financial results for the fourth quarter ended Jan.

CiCi’s Pizza franchisees get an assist

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 revenues up from 2009

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...

Ireland’s Four Star Pizza rescued by hotelier

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...

Canada's Boston Pizza reports record earnings

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 announces earnings call

CEC Entertainment Inc. will host a conference call with investors Feb.

California Pizza Kitchen delivers year-end results

California Pizza Kitchen Inc. reported financial results for the fourth quarter and fiscal year 2010 ending Jan.

Pizza Inn reports 2Q results

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...

Round Table Pizza files for Chapter 11

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...

Canada’s Pizza Pizza adds to royalty pool

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.

Yum! repurchasing stock to boost earnings

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 reports 13.3 percent sales boost

Famous Brands Ltd. has reported a staggering 13.3 percent sales growth for December 2010.

Pizza Hut UK taps pension consultant

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 plants seed for company store growth

Pizza Inn Inc. has signed an agreement to expand its term loan credit facility with Amegy Bank to $2.56 million.

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