May 20, 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

Denny's

Denny’s Corporation Announces Additional Six Million Share Common Stock Repurchase Program

Denny’s Corporation (NASDAQ: DENN), one of America’s largest full-service family restaurant chains, today announced that its Board of Directors has approved a new share repurchase program.

Edible Arrangements Sales Up 11 Percent in First Quarter

Edible Arrangements®, the pioneer and leader in hand-sculpted, fresh-fruit arrangements, announced today that same store sales for the first quarter are up 11 percent over the same quarter last year. The 1,000+ unit chain has now experienced positive.

Texas Roadhouse, Inc. Announces Quarterly Dividend

On May 17, 2011, Texas Roadhouse, Inc.’s (Nasdaq: TXRH) Board of Directors authorized the payment of a cash dividend of $0.09 per share of common stock.

Cosi, Inc. Reports 2012 First Quarter Results

Così, Inc. (NASDAQ: COSI), the fast casual restaurant company, today reported that it had reduced its net loss for the first quarter.

DineEquity, Inc. Announces Solid First Quarter 2012 Results

DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP Restaurants, reported financial results for the first quarter of 2012.

Firehouse Subs

Firehouse Subs® On Fire After Record-Breaking 2011

Driven by a mission of hearty and flavorful food, heartfelt service and public safety support, Firehouse Subs® surpassed company goals and industry averages, resulting in a record-breaking 2011.

California Tortilla Sales Growth Streak Hits 25 Months

East Coast fast casual chain CALIFORNIA TORTILLA announced today their 25th consecutive month of sales growth. The record-setting streak measures month-to-month growth in sales across the chain.

Fazoli’s April Sales Set New Record

New marketing and hospitality programs launched in early April helped drive a nearly 11 percent same-store sales increase last month at Fazoli’s, America’s largest premium Italian quick-service restaurant.

Dickey's Barbecue Pit

Dickey's Barbecue Heats Up Q1 Growth

Dickey's Barbecue Pit announced today a 93% lease growth with 29 new building leases signed in the first quarter of 2012.

The Keg Royalties Income Fund Announces May 2012 Cash Distribution

The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today announced that its May 2012 distribution of $0.08 cents per unit has been declared and is payable to unitholders of record as at May 21, 2012.

Chipotle Mexican Grill, Inc. Franchise Announces Second Quarter 2010 Results

Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its second quarter ended June 30, 2010.

The Wendy’s Company Announces Completion of New Senior Secured Credit Facility by Wendy’s International

The Wendy’s Company (the “Company”) announced today that Wendy’s International, Inc., has completed a new senior secured credit facility, which includes a $200 million revolving credit facility and a $1,125 million term loan.

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.

Raising Cane's Chicken Fingers Receives $30 Million from GE Capital Solutions, Franchise Finance

GE 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.

Famous Dave's Reports First Quarter Earnings of $0.11 Per Share

Famous Dave's of America, Inc. (Nasdaq:DAVE) today announced revenue and net income of $37.5 million and $817,000, respectively, or $0.11 per diluted share, for the first quarter ended April 1, 2012.

Chipotle Mexican Grill, Inc. Announces First Quarter 2012 Results

Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its first quarter ended March 31, 2012.

Yum! Brands

Yum! Brands Reports First-Quarter EPS Growth of 21%, or $0.76 Per Share, Excluding Special Items

Yum! Brands Inc. (NYSE: YUM) today reported results for the first quarter ended March 24, 2012 including EPS of $0.76, excluding Special Items. Reported EPS for the quarter was $0.96.

Ruby Tuesday Reports Third Quarter Fiscal 2012 Results

Ruby Tuesday, Inc. (NYSE: RT) today reported financial results for the fiscal third quarter ended February 28, 2012.

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.

McDonald's Global Comparable Sales Rise 3.3% In April

McDonald's Corporation (NYSE: MCD) today announced global comparable sales growth of 3.3% in April.

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.

Buffalo Wild Wings, Inc. Announces First Quarter Earnings Per Share of $0.98 and Quarterly Net Earnings Growth of over 22%

Buffalo Wild Wings, Inc. (NASDAQ: BWLD), announced today financial results for the first quarter ended March 25, 2012.

Rocky Mountain Chocolate Factory, Inc. Announces 10% Increase in Quarterly Cash Dividend to $0.11 per Share

Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) today announced that its Board of Directors has declared a first quarter cash dividend of $0.11 per common share outstanding.

Famous Dave's Announces Additional One Million Share Repurchase Plan

Famous Dave's of America, Inc. (Nasdaq:DAVE) today announced that its Board of Directors has authorized a stock repurchase plan of up to one million additional shares of its common stock.

Ruby Tuesday, Inc. Announces Commencement of Offering of Senior Notes

Ruby Tuesday, Inc. (the "Company") announced today that it had commenced a private offering to eligible purchasers of Senior Notes due 2020 (the "Notes").

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

Einstein Noah Restaurant Group, Inc. (NASDAQ: BAGL), announced that its Board of Directors has declared a quarterly cash dividend of $0.125 per share, payable on July 15, 2012 to stockholders of record as of June 1, 2012.

Texas Roadhouse, Inc. Announces First Quarter 2012 Results

Texas Roadhouse, Inc. (NasdaqGS: TXRH), today announced financial results for the 13 week period ended March 27, 2012.

Ruby Tuesday, Inc. Announces Pricing of Offering of Senior Notes

Ruby Tuesday, Inc. (the "Company") announced today that it had priced a private offering to eligible purchasers of $250 million of 7 5/8% Senior Notes due 2020 (the “Notes”) at an offering price of 98.536% of the principal amount thereof.

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%.

Papa John's Announces First Quarter 2012 Results

Papa John's International, Inc. (NASDAQ: PZZA) today announced financial results for the first quarter ended March 25, 2012.

The Wendy’s Company Announces Early Results of Cash Tender Offer by Wendy’s Restaurants, LLC

The Wendy’s Company announced today that Wendy’s Restaurants, LLC, its wholly-owned subsidiary, is amending the terms of its previously announced tender offer to purchase for cash any and all of its outstanding 10.00% Senior Notes due 2016.

Captain D’s Continues Brand Rejuvenation – Generates an 8.5 Percent Same-Store Sales Increase in Q1

Building upon its brand rejuvenation strategy which includes breakthrough marketing and product development, growing customer satisfaction, and heightened operational execution, the Captain D’s team has built a fast moving ship that capped off the..

Panera Bread Company Reports Q1 2012 Diluted EPS of $1.40, up 28%

Panera Bread Company (NASDAQ: PNRA) today reported net income of $41 million, or $1.40 per diluted share, for the fiscal first quarter ended March 27, 2012.

McDonald's Global Sales and Profit Momentum Continues

McDonald's Corporation announced today that global comparable sales rose 5.9% in September and 6.9% in the third quarter 2007.

Good Times Restaurants Inc. Announces March Sales Increase 7.9%

Good Times Restaurants Inc. (GTIM) today announced that same store sales for March increased 7.9% on top of last year’s 8.6% increase and same store sales increased 7.3% the for its second fiscal quarter ended March 31.

Global Comparable Sales Drive First Quarter Results at McDonald's

McDonald's Corporation (NYSE: MCD) today announced results for the first quarter ended March 31, 2012, posting higher revenue, operating income and earnings per share over the prior year.

Jamba, Inc. Adopts Shareholders Rights Plan

Jamba, 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...

Chick-fil-A Achieves Record Annual Sales of $4 Billion

In continuing with its trend of strong sales performance, Chick-fil-A(R), Inc. announces that it exceeded $4 billion in annual sales in 2011.

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.

Dutch Bros.' Sales Increase in 2009; 10 New Stores Projected for 2010

Despite 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.

Domino's Pizza Announces Third Quarter 2008 Financial Results

Domino'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...

The Keg Royalties Income Fund Announces April 2012 Cash Distribution

The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today announced that its April 2012 distribution of $0.08 cents per unit has been declared and is payable to unitholders of record as at April 21, 2012. The April 2012 distribution will be paid on...

Rocky Mountain Chocolate Factory, Inc. Reports 28% Increase in Second Quarter Income

Rocky Mountain Chocolate Factory, Inc. (Nasdaq: RMCF) (the "Company"), which franchises gourmet chocolate and confection stores and manufactures an extensive line of premium chocolates and other confectionery products, today reported its operating...

Weight Watchers Announces Plan to Launch Self-Tender Offer and Related Stock Repurchase for Up To $1.5 Billion of its Common Stock

Weight Watchers International, Inc. (NYSE: WTW) today announced its plan to launch a "modified Dutch auction" tender offer for up to $720,000,000 of its common stock at a price per share not less than $72.00 and not greater than $83.00.

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.

The Wendy's Company Announces Waiver by Wendy's Restaurants, LLC of Condition to Tender Offer For Its 10.00% Senior Notes Due 2016

The Wendy’s Company announced today that Wendy’s Restaurants, LLC, its wholly-owned subsidiary (“Wendy’s Restaurants”), is waiving a condition to its previously announced tender offer to purchase for cash any and all of its..

BAB, Inc. Reports Profit for 1st Quarter FY 2012

BAB, Inc. (OTCBB: BABB), announced its financial results for the first quarter ended February 29, 2012.

The Wendy’s Company Announces Regular Quarterly Cash Dividend of $0.02 Per Share

The Wendy’s Company (NASDAQ: WEN) announced the declaration of its regular quarterly cash dividend of $0.02 per share, payable on June 15, 2012 to stockholders of record as of June 1, 2012.

Papa Murphy's Take 'N' Bake Pizza

Papa Murphy's Ends 2011 with Double-Digit Sales Growth

Papa Murphy's International today announced its total U.S. systemwide sales grew to $702 million in 2011, up over 10% from 2010.

Dunkin' Brands Announces Second Quarter Dividend

unkin' Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin' Donuts (DD) and Baskin-Robbins (BR), today announced that its Board of Directors has approved a quarterly dividend of $0.15 per share of common stock, payable May 16, 2012.


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Features & Special Reports

Anatomy of a Turnaround: Bennigan's Reclaims The Integrity of An Icon

Everyone loves a good comeback story, and I am honored and humbled to be at the helm of a classic turnaround tale.

Growth Machine: Anil Yadav Shows No Signs Of Slowing Down

Anil Yadav has graced the pages (and one cover) of Multi-Unit Franchisee magazine twice before.

5 Key Mobile Marketing Strategies for Franchises

For franchise marketers, mobile marketing is now paramount to a successful online strategy.

MarketingSherpa: Marketing Wisdom for 2012

In case you missed it (and when it comes to marketing and social media there's plenty to keep up on), MarketingSherpa published its Wisdom Report, "Marketing Wisdom for 2012" earlier this year.

Time For Benchmarking: All That's Needed Is The Will

I am convinced that someday the franchising community will finally get around to unleashing its biggest competitive strength: unit predictability.

Improving the Speed and Effectiveness of Your Responses to Prospects

We asked two franchise marketing pros what they're doing to provide more timely - and relevant - responses to prospect inquiries.

Social Media Roundup - May 2012

Here are four reasons local business marketers should continue to use the Yellow Pages.

Health-Scare Reform: "There's Still More That We Don't Know Than We Do."

Since national health care reform was signed into law in March 2010, it has generated strong reaction from multi-unit franchisees and small-business owners across the nation.

The Customer Within: Provide Coworkers With The Best Service Possible

When we talk about customer service, we usually think about how we deal with the people who walk through our doors--both physical and virtual--to purchase our products and services.

Do It Now: 3 Easy Ways To Stop Procrastinating Today

Procrastination is like a virus. It creeps up on you slowly, drains you of energy, and is difficult to get rid of if your resistance is low.

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