February 06, 2012
Franchise News Watch

Your Food Franchise Financial News Source

Franchise News Watch brings you the latest in food franchising financial news from around the web. As a news aggregator for the food franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.

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Food Franchise Financial News

Welcomed Relief for Entrepreneurs: Nestlé Toll House Café by Chip Offers Alternative Funding Solutions Through Two Financing Options

As optimism of small business growth continues to rise, entrepreneurs nationwide are still struggling to receive financing.

Cosi, Inc. Reports Fourth Quarter Sales

Cosi, 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.

McDonald's Announces Quarterly Cash Dividend

oday, 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.

Brinker International Reports Increases in Second Quarter Fiscal 2012 EPS, Comparable Restaurant Sales and Traffic

Brinker International, Inc. (NYSE: EAT) today announced results for the fiscal second quarter ended Dec. 28, 2011.

McDonald's Momentum Delivers Another Year of Strong Results for 2011

McDonald's Corporation (NYSE: MCD) today announced strong results for the fourth quarter and year ended December 31, 2011, fueled by broad-based growth across all areas of the world.

Jersey Mike’s Saw Record Growth In 2011

Jersey 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.

Red Robin Gourmet Burgers, Inc. to Release Fourth Quarter and Full Year 2011 Financial Results on February 16, 2012

Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB), a casual dining restaurant chain focused on serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced that it will release results for the quarter and.

Quiznos Sub

Quiznos Completes Restructuring of Debt and Strengthens Financial Position

Quiznos, one of the nation's premier quick-service restaurant chains and pioneer of the toasted sandwich, today announced that the Company has successfully completed its previously announced financial restructuring on an out-of-court basis.

Einstein Noah Restaurant Group Announces Quarterly Cash Dividend of $0.125 Per Share

Einstein 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.

Liquid Nutrition Grants Stock Options

Liquid 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...

Nathan's Famous Announces Final Results of Its Modified Dutch Tender Offer

Nathan'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...

Captain D’s Finishes 2011 Strong with Positive System Wide Same-Store Sales

When 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.

Fazoli’s Rings in New Year with Record Sales Growth

Fazoli’s, America’s largest premium Quick-Service Italian restaurant chain, wrapped up 2011 with record-setting sales increases, completing a 17-month streak in guest traffic and sales growth.

Nathan's Famous Announces Preliminary Results of its Modified Dutch Tender Offer

Nathan'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..

IN2IT Nutrition and Fitness

IN2IT Franchising, Inc. Reports Fourth Quarter 2011 Sales Increase Sharply

IN2IT Franchising, Inc. announced that its sales and net income continued to grow in the Fourth Quarter 2012.

Rocky Mountain Chocolate Factory, Inc. Reports Third Quarter Operating Results

Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) (the "Company"), which franchises and operates gourmet chocolate and self-serve frozen yogurt stores and manufactures an extensive line of premium chocolates and other confectionery products, today...

Jamba Reiterates Fiscal Year 2011 Guidance

Jamba, Inc. (NASDAQ:JMBA) today reiterated fiscal year 2011 guidance and announced that it expects Company comparable store sales will be at the high-end of the Company’s previously announced guidance range of positive 2% to 4%.

Benihana Inc. Reports Total Restaurant Sales Results for the Final Four-Week Period and Entire Twelve-Week Period of the Third Fiscal Quarter 2012

Benihana 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...

Sonic Reports First Quarter 2012 Results

Sonic Corp. (NASDAQ: SONC), the nation's largest chain of drive-in restaurants, today announced results for its first fiscal quarter ended November 30, 2011.

Dunkin' Brands Signs Exclusive Procurement & Distribution Agreement With Dunkin' Donuts Franchisee-Owned Cooperative

Dunkin' 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.

Cookies by Design Opens Corporate-Owned Store in Dallas

In time for the holidays, Cookies by Design, known as “the original cookie bouquetIM company,” opened today a corporate-owned retail location in North Dallas.

Quiznos Sub

Quiznos Reaches Agreement to Restructure Debt and Strengthen Financial Position

Quiznos, one of the nation's premier quick-service restaurant chains and pioneer of the toasted sandwich, today announced that the Company has reached agreement with a significant majority of its first- and second-lien lenders on a consensual financial...

Denny's

Denny's Announces New Loan Program to Support Domestic Unit Growth in New and Emerging Markets

Denny's Corporation (NASDAQ: DENN), one of America's largest full-service family restaurant chains, today announced a loan program to support Denny's domestic unit growth.

The Keg Royalties Income Fund Announces January 2012 Cash Distribution

The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today announced that its January 2012 distribution of $0.08 cents per unit has been declared and is payable to unitholders of record as at December 31, 2011.

Papa John's Announces Key Operating Assumptions and Earnings Guidance for 2012

Papa John's International, Inc. (NASDAQ: PZZA) today announced its 2012 operating assumptions and earnings guidance, and an increase in its 2011 earnings per share range to $2.15 to $2.20.

Mrs. Fields Famous Brands Poised for Growth in 2012

Mrs. 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.

Fazoli's Posts Best November Sales in More Than a Decade

Winter may be just a few days away, but Fazoli's, America's largest premium Italian quick-service restaurant, is continuing to experience red hot sales.

The Wendy's Company to Transfer Stock Listing to The NASDAQ Stock Market

The Wendy's Company (NYSE: WEN) today announced it will transfer its stock listing to The NASDAQ Stock Market.

The Keg Royalties Income Fund Announces December 2011 Cash Distribution

he Keg Royalties Income Fund today announced that its December 2011 distribution of $0.08 cents per unit has been declared and is payable to unitholders of record as at December 21, 2011.

Weight Watchers Declares Quarterly Dividend

Weight Watchers International, Inc. (NYSE: WTW) today announced that its Board of Directors declared its quarterly cash dividend of $0.175 per share of common stock, which corresponds to an annual dividend rate of $0.70 per share.

Benihana Inc. Reports Total Restaurant Sales and Comparable Restaurant Sales Results for the Second Four-Week Period of the Third Fiscal Quarter 2012

Benihana 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.

McDonald's Delivers Strong Performance Worldwide; November Comparable Sales Rise 7.4%

McDonald's Corporation (NYSE: MCD) today announced global comparable sales growth of 7.4% in November. Performance by segment was as follows...

Cyber Monday = Pizza Monday? Strong Start Helps Domino's Online Ordering Set Record Week

Consumers on Cyber Monday weren't just buying Christmas gifts online - they were buying a lot of pizza.

Mrs. Fields Announces Expected Closing Date of December 13, 2011 for its Exchange Offer

Mrs. Fields Famous Brands, LLC (the ″Company″) announces today that, pursuant to the Exchange Offer for its Notes, as of 9:00 a.m. EST, on December 5, 2011, the Company received valid tenders from holders of $59,539,755 aggregate principal...

Nathan's Famous to Commence Dutch Auction Tender Offer to Repurchase up to 500,000 Shares of Its Outstanding Common Stock

Nathan's Famous, Inc. (NASDAQ: NATH) today announced that it will commence mailing to its stockholders on or about December 8, 2011 a modified Dutch Auction tender offer to purchase for cash up to 500,000 shares of its common stock.

Yum! Brands

Yum! Brands Announces Full-Year 2012 Expectations; Raises 2011 EPS Growth Forecast to at least 13%, Excluding Special Items

Yum! Brands Inc. (NYSE: YUM), in advance of its annual Investor Update Meeting, increases its full year 2011 EPS growth forecast to at least 13%, or $2.85 a share, excluding special items; previous guidance was at least 12%.

Sbarro, Inc. Completes Reorganization and Successfully Emerges from Chapter 11

Sbarro, Inc., along with its domestic subsidiaries (the ″Company″), announced today that its Plan of Reorganization has become effective and the Company has successfully emerged from Chapter 11 with significantly reduced debt and a new $35...

Krispy Kreme Reports Financial Results for the Third Quarter of Fiscal 2012

Krispy Kreme Doughnuts, Inc. (NYSE: KKD) (the 'Company') today reported financial results for the third quarter of fiscal 2012, ended October 30, 2011. The Company also raised its outlook for fiscal 2012 and provided preliminary guidance for fiscal 2013.

Benihana Announces Final Shareholder Vote Results

Benihana Inc. (NASDAQ: BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, today announced that the results of the vote held at the November 17, 2011 Special Meeting of Stockholders have been certified as final.

Jack in the Box Inc. Reports Fourth Quarter FY 2011 Earnings; Issues Guidance for FY 2012

Jack in the Box Inc. (NASDAQ: JACK) today reported net earnings of $22.7 million, or $0.49 per diluted share, for the fourth quarter ended October 2, 2011, compared with net earnings of $4.0 million, or $0.07 per diluted share, for the fourth quarter of..

Cosi, Inc. Reports 2011 Third Quarter Results

Cosi, Inc. (NASDAQ: COSI), the fast casual restaurant company, today reported a net loss for the third quarter ended September 26, 2011 of $(1,491,000), or $(0.03) per basic and diluted common share, compared with a net loss of $(1,096,000), or $(0.02)...

Benihana Inc. Reports Results for Fiscal Second Quarter 2012

Benihana Inc. (NASDAQ: BNHN; BNHNA), operator of the nation's largest chain of Japanese theme and sushi restaurants, today reported financial results for its twelve-week fiscal second quarter 2012, ended October 9, 2011.

Prime Restaurants Inc. Announces Solid Growth in Q3 2011

Prime Restaurants Inc. (

Mrs. Fields Launches Offer to Refinance Debt as Next Stage in Its Global Growth Strategy

Mrs. Fields Famous Brands (the ″Company″) announced today that it has launched a series of transactions (the ″Refinancing″) designed to reposition its capital structure, improve access to additional funding and accelerate its...

Benihana Welcomes Results of Shareholder Vote

Benihana Inc. (NASDAQ: BNHN; BNHNA), operator of the nations largest chain of Japanese theme and sushi restaurants, welcomed the preliminary results of the November 17, 2011.

Weight Watchers Announces Expiration of Shareholder Rights Plan

Weight Watchers International, Inc. (NYSE: WTW) today announced that the Company has chosen to allow its shareholder rights plan (the ″Rights Plan″) to expire in accordance with its terms on November 19, 2011, which corresponds to the tenth...

Benihana to Report Results of Special Meeting for Shareholders as Soon as Available

Benihana Inc. (NASDAQ: BNHN; BNHNA), operator of the nation's largest chain of Japanese theme and sushi restaurants, today announced that the Special Meeting for stockholders to vote on the Company's reclassification proposal (the...

Texas Roadhouse, Inc. Announces Quarterly Dividend

On November 17, 2011, Texas Roadhouse, Inc.'s (Nasdaq: TXRH) Board of Directors authorized the payment of a cash dividend of $0.08 per share of common stock.

Burger King Holdings, Inc. Reports Third Quarter Results

Burger King Holdings, Inc. today reported results for the third quarter of 2011.

Dunkin' Brands Group, Inc. Announces Pricing of Secondary Offering

Dunkin' Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin' Donuts and Baskin-Robbins, today announced the offering by certain of its stockholders of 22 million shares of its common stock at a price of $25.62 per share.


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Features & Special Reports

Creating a Cost-Effective Lead Generation Strategy

For 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 AFDR

In 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 Price

When 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 2012

As 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 Conference

Multi-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 Employees

Sam 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 Model

Ray 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 Hands

Zane Tankel is not waiting on any government job programs to help his business.

CMO Roundtable - Using Profiling to Retain More Customers

What are some fresh, innovative ways you are using profiling, targeting,<br /> and loyalty programs to acquire and retain more customers?

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