February 06, 2012
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Your Franchise Financial News SourceFranchise News Watch brings you the latest in franchising financial news from around the web. As a news aggregator for the franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Franchise Financial NewsJersey Mike’s Saw Record Growth In 2011Jersey Mike’s Subs’ 55th anniversary year in 2011 was cause for celebration as the popular chain, known for its fresh sliced/fresh grilled East Coast-style subs, opened its 500th restaurant, adding 69 new locations during the year, for record. Increased Demand For Factoring Services Drives Record-Setting Year For Liquid Capital2011 was a record-setting year for Liquid Capital, which saw a dramatic increase in factoring volume in both its U.S. and Canadian markets. Welcomed Relief for Entrepreneurs: Nestlé Toll House Café by Chip Offers Alternative Funding Solutions Through Two Financing OptionsAs optimism of small business growth continues to rise, entrepreneurs nationwide are still struggling to receive financing.
Gap Inc. Reports January SalesGap Inc. (NYSE: GPS) today reported that January 2012 net sales decreased 1 percent compared with last year. Realogy Announces Pricing Of Its Offering Of Two Series Of Senior Secured NotesRealogy Corporation (the "Company") announced today that it priced $593 million aggregate principal amount of 7.625% senior secured first lien notes due 2020. Cookies by Design Opens Corporate-Owned Store in DallasIn time for the holidays, Cookies by Design, known as “the original cookie bouquetIM company,” opened today a corporate-owned retail location in North Dallas. Toys“R”Us, Inc. Announces December 2011 Comparable Store SalesToys"R"Us, Inc. today announced its comparable store net sales and total sales for the month of December 2011. Cosi, Inc. Reports Fourth Quarter SalesCosi, Inc. (NASDAQ: COSI), the premium convenience restaurant company, today reported that total revenues for the 2011 fourth quarter increased by $838,000 to $26,193,000 compared to $25,355,000 for the 2010 fourth quarter.
Primrose Schools® Reports Record Year for Franchise Sales, Signs Agreement for First California LocationIn a year when U.S. franchise companies continued to see restricted growth due to lack of access to credit and the prolonged effects of the recession, Primrose Schools awarded 36 new franchises and opened 18 schools in 2011. Express Employment Professionals Reports Record Year for 2011; Sales Up 22 PercentExpress Employment Professionals announced today that 2011 sales topped $2.1 billion, up 22 percent in a year, as employers continue to rely heavily on temporary staffing solutions amid an uncertain economy. Chipotle Mexican Grill, Inc. Franchise Announces Second Quarter 2010 ResultsChipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its second quarter ended June 30, 2010. Winmark Corporation Announces Quarterly Cash Dividend and Special DividendWinmark Corporation (Nasdaq: WINA) announced today that its Board of Directors has approved the payment of a quarterly cash dividend to shareholders. Brinker International Reports Increases in Second Quarter Fiscal 2012 EPS, Comparable Restaurant Sales and TrafficBrinker International, Inc. (NYSE: EAT) today announced results for the fiscal second quarter ended Dec. 28, 2011. Realogy Announces Proposed Offering Of Two Series Of Senior Secured NotesRealogy Corporation (the "Company") announced today that it is proposing to issue approximately $593 million aggregate principal amount of senior secured first lien notes due 2020.
Realogy Completes Offering of Two Series of Senior Secured NotesRealogy Corporation (the "Company") announced today that it successfully completed its previously announced private offering of $593 million aggregate principal amount of 7.625% Senior Secured First Lien Notes due 2020. Balihoo Secures $5 Million in New Funding to Fuel Business Expansion and Continue Record GrowthBalihoo (www.balihoo.com), the premier provider of Local Marketing Automation (LMA) technology and services to national brands with local marketing needs, today announced the company has secured $5 million in financing to fund future business growth.
Raising Cane's Chicken Fingers Receives $30 Million from GE Capital Solutions, Franchise FinanceGE Capital Solutions, Franchise Finance and Louisiana-based Raising Cane's Chicken Fingers completed a $29.5 million financing deal including a $26 million term loan and a $3.5 million revolving line of credit. Sonic Reports First Quarter 2012 ResultsSonic Corp. (NASDAQ: SONC), the nation's largest chain of drive-in restaurants, today announced results for its first fiscal quarter ended November 30, 2011. Jamba, Inc. Reports Fiscal Year 2007 Revenue Increase of 17.9%, and Fourth Quarter 2007 Revenue Increase of 9.6%Jamba, Inc. (NASDAQ:JMBA; NASDAQ:JMBAU; NASDAQ:JMBAW) today reported preliminary unaudited revenue, comparable store sales, and store count results for its fourth quarter and fiscal year 2007. Bear Stearns Reports Full Year And Fourth Quarter 2007 Financial ResultsThe Bear Stearns Companies Inc. (NYSE:BSC) reported results today for the fiscal year and the fourth quarter ended November 30, 2007. Realogy Enters Into Agreements To Amend And Extend Apple Ridge Securitization FacilityRealogy Corporationannounced today that it and its subsidiaries have entered into agreements to amend and extend the existing Apple Ridge Funding LLC securitization program utilized by the Company's relocation services operating unit, Cartus Corporation. Mrs. Fields Famous Brands Poised for Growth in 2012Mrs. Fields Famous Brands, a franchisor of Mrs. Fields and TCBY, announces the completion of its previously announced exchange offer and refinancing, signed and recorded on December 13, 2011.
Captain D’s Finishes 2011 Strong with Positive System Wide Same-Store SalesWhen CEO Phil Greifeld took the leadership helm at Captain D’s, the fast casual seafood chain that operates and franchises 527 restaurants in 25 states, growth was the only option. McDonald's Announces Quarterly Cash Dividendoday, McDonald's Board of Directors declared a quarterly cash dividend of $0.70 per share of common stock payable on March 15, 2012 to shareholders of record at the close of business on March 1, 2012. 1-800-FLOWERS.COM, Inc. Reports Solid Revenue and Bottom-Line Performance for its Fiscal 2012 Second Quarter Driven by Continued Strong Growth in its Consumer Floral Business1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), the world's leading florist and gift shop, today reported revenues from continuing operations of $239.8 million for its fiscal 2012 second quarter ended January 1, 2012, compared with revenues from continuing... H&R Block Reports Fiscal 2012 Second Quarter Results; Closes Sale of RSM McGladreyH&R Block, Inc. (NYSE: HRB) today reported a GAAP net loss from continuing operations for the fiscal second quarter ended Oct. 31, 2011, of $123.0 million, or $0.41 per share, compared to a net loss of $111.4 million, or $0.36 per share in the prior year. Benihana Inc. Reports Total Restaurant Sales Results for the Final Four-Week Period and Entire Twelve-Week Period of the Third Fiscal Quarter 2012Benihana Inc. (NASDAQ: BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, today reported total restaurant sales and comparable restaurant sales for the final four-week period and the entire twelve-week period of the... Liquid Nutrition Grants Stock OptionsLiquid Nutrition Group Inc. (“Liquid Nutrition”) announces that its Board of Directors has granted stock options to one of its officers and two of its employees in respect of 55,000 common shares. The options were granted under Liquid... Ace Hardware Reports 2008 First Quarter Financial ResultsAce Hardware Corporation, the world's largest retailer-owned hardware cooperative, today reported net income of $10.8 million for the first quarter of 2008, which was a decrease of $3.3 million, as compared to the $14.1 million for the first quarter... Nathan's Famous Announces Preliminary Results of its Modified Dutch Tender OfferNathan's Famous, Inc. (NASDAQ: NATH) announced today the preliminary results of its previously announced modified Dutch Auction tender offer to purchase for cash up to 500,000 shares of its common stock, $0.01 par value, at a price per share of not less.. Dunkin' Brands Signs Exclusive Procurement & Distribution Agreement With Dunkin' Donuts Franchisee-Owned CooperativeDunkin' Donuts franchisee-owned cooperative, today announced that they had signed a long-term, performance-based agreement for NDCP to be the exclusive supply chain provider for all Dunkin' Donuts restaurants in the continental United States. H&R Block to Discontinue EXPRESSTAX BrandH&R Block (NYSE: HRB) announced today it will discontinue service under its EXPRESSTAX brand. McDonald's Global Sales and Profit Momentum ContinuesMcDonald's Corporation announced today that global comparable sales rose 5.9% in September and 6.9% in the third quarter 2007. Chipotle Mexican Grill, Inc. Announces Third Quarter 2011 ResultsChipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its third quarter ended September 30, 2011. Nathan's Famous Announces Final Results of Its Modified Dutch Tender OfferNathan's Famous, Inc. (NASDAQ: NATH) announced today the final results of its modified Dutch Auction tender offer to purchase for cash up to 500,000 shares of its common stock, $0.01 par value, at a price per share of not less than $20.00 nor greater... Regis Reports Second Quarter 2012 ResultsRegis Corporation (NYSE:RGS), the global leader in the $160 billion haircare industry, today reported a second quarter net loss of $1.01 per share. Einstein Noah Restaurant Group Announces Quarterly Cash Dividend of $0.125 Per ShareEinstein Noah Restaurant Group, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.125 per share, payable on April 15, 2012 to stockholders of record as of March 1, 2012. Jamba, Inc. Adopts Shareholders Rights PlanJamba, Inc. (NASDAQ:JMBA; NASDAQ:JMBAU; NASDAQ:JMBAW)announced today that its Board of Directors has adopted a Stock Purchase Rights Plan designed to enable all Jamba, Inc. stockholders to realize the full value of their investment and to provide for... Dutch Bros.' Sales Increase in 2009; 10 New Stores Projected for 2010Despite a slow economy, Dutch Bros. Coffee ended 2009 on a high note that included a nearly six percent sales increase over last year and a rise in company giving. The Wendy's Company Announces Regular Quarterly Cash Dividend of $0.02 Per ShareThe Wendy's Company (NYSE: WEN) announced the declaration of its regular quarterly cash dividend of $0.02 per share, payable on December 15, 2011 to stockholders of The Wendy's Company of record as of December 1, 2011. Domino's Pizza Announces Third Quarter 2008 Financial ResultsDomino's Pizza, Inc. (NYSE: DPZ), the recognized world leader in pizza delivery, today announced results for the third quarter ended September 7, 2008. Net income was negatively impacted versus the prior year quarter by continued challenges in the... What Financial Crisis? Kiddie Academy Continues to Facilitate FinancingFinancing and small business loans are once again top of mind for franchisors as the credit crunch continues to impact many industries. Some franchisors are struggling to put additional resources in place to assist franchisees with finding loans, as point Benihana Inc. Reports Total Restaurant Sales and Comparable Restaurant Sales Results for the Second Four-Week Period of the Third Fiscal Quarter 2012Benihana Inc. (NASDAQ: BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, today reported total restaurant sales and comparable restaurant sales for the second four-week period. |
Features & Special ReportsCreating a Cost-Effective Lead Generation StrategyFor many franchisors, the traditional advertising vehicles - portals, print advertising, PR, and broker networks - do not appear to be working as effectively as they were five years ago. New Highlights from the 2012 AFDRIn the previous two issues of FUSR, we published (1) a high-level overview of the 2012 Annual Franchise Development Report (AFDR), followed by (2) a selection of highlights from the report. Finding Your Optimal Buyer: Sellers Must Learn To Look Beyond PriceWhen sellers are contemplating a decision regarding the sale of their business, they overwhelmingly select the bidder with the highest price, only to find afterward that this might not have been the best decision for their circumstances. The Four Steps to Lead Generation Success, Part 4: Wow 'Em!This fourth installment builds on those ideas, showing how you can "wow" your candidates and the importance of how you present your concept to them. The Winner's Column - February 2012As savvy franchise companies continue to flourish in a volatile economy, FUSR continues to bring you good news each month, highlighting brands that are adding units, increasing comp store sales, striking deals with investors, innovating, and continuing to grow, whether domestically or overseas. Jim Collins to Keynote 2012 Multi-Unit Franchising ConferenceMulti-Unit Franchisee Magazine announced today that Jim Collins, business expert and best-selling author, will deliver the opening keynote address at the 2012 Multi-Unit Franchising Conference (MUFC). Growing Up Franchising: Sam Covelli Develops Both His Brands And EmployeesSam Covelli says he grew up in the restaurant business working in his father's McDonald's. Under his father's leadership, Covelli Enterprises eventually grew to 26 locations, one of the largest McDonald's franchisees in the country. Members Only: Ray Harrigill Builds A Successful Membership-Based Business ModelRay Harrigill believes in diversification. His Sunray Companies has restaurants (Bumpers Drive-In), tanning salons (Palm Beach Tan), fitness centers (Koko FitClub), and hotel properties (Hampton Inn), to name a few. That's because of lessons he's learned along the way. Creating Jobs: Zane Tankel Is Taking Matters Into His Own HandsZane Tankel is not waiting on any government job programs to help his business. CMO Roundtable - Using Profiling to Retain More CustomersWhat are some fresh, innovative ways you are using profiling, targeting,<br /> and loyalty programs to acquire and retain more customers? 
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