February 09, 2012
Franchise News Watch

Your Franchise Financial News Source

Franchise 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.

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Franchise Financial News

Massage Envy Announces $15 Million in Franchisee Funding Available in 2012 Through Agreement with Franchise America Finance and The Bancorp Bank

Massage Envy, the pioneer and national leader of professional, convenient and affordable massage and spa services, announced today that new and existing Massage Envy franchisees have exclusive access to $15 million in development capital in 2012.

Dollar Thrifty Automotive Group Provides Update on Share Repurchase Program

Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced the completion of a $100 million forward stock repurchase agreement that was executed on November 3, 2011.

Snap-on Incorporated Declares Quarterly Dividend

The Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $0.34 per share payable March 9, 2012 to shareholders of record on February 24, 2012.

Fazoli’s January Sales Set New Record

Fazoli’s, America’s largest premium Italian quick-service restaurant chain, is off to a running start in 2012 with record same-store sales growth in January.

Buffalo Wild Wings, Inc. Announces Fourth Quarter Earnings per Share of $0.73 and Annual Net Earnings Growth of Over 31% for 2011

Buffalo Wild Wings, Inc. (NASDAQ: BWLD), announced today financial results for the fourth quarter ended December 25, 2011.

Yum! Brands

Yum! Brands Inc. Announces Full-Year EPS Growth of 14%, or $2.87 Per Share, Excluding Special Items

Yum! Brands Inc. (NYSE: YUM) today reported results for the fourth quarter ended December 31, 2011 including EPS of $0.75. Reported EPS for the full year was $2.74. Full year and fourth quarter results for Yum! Restaurants International (YRI) and the...

Nathan's Famous, Inc. Reports Third Quarter Results

Nathan's Famous, Inc. (NASDAQ: NATH) today reported results for the third quarter of its 2012 fiscal year that ended December 25, 2011.

Snap-on Announces Fourth Quarter and Full Year 2011 Results

Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced 2011 operating results...

Chipotle Mexican Grill, Inc. Announces Fourth Quarter and Full Year 2011 Results

Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its fourth quarter and full year ended December 31, 2011.

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.

Realogy Completes Offering of Two Series of Senior Secured Notes

Realogy 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.

Gap Inc. Reports January Sales

Gap Inc. (NYSE: GPS) today reported that January 2012 net sales decreased 1 percent compared with last year.

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.

Increased Demand For Factoring Services Drives Record-Setting Year For Liquid Capital

2011 was a record-setting year for Liquid Capital, which saw a dramatic increase in factoring volume in both its U.S. and Canadian markets.

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.

Regis Reports Second Quarter 2012 Results

Regis Corporation (NYSE:RGS), the global leader in the $160 billion haircare industry, today reported a second quarter net loss of $1.01 per share.

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 Business

1-800-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...

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.

Realogy Announces Pricing Of Its Offering Of Two Series Of Senior Secured Notes

Realogy Corporation (the "Company") announced today that it priced $593 million aggregate principal amount of 7.625% senior secured first lien notes due 2020.

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.

Primrose Schools® Reports Record Year for Franchise Sales, Signs Agreement for First California Location

In 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.

Realogy Announces Proposed Offering Of Two Series Of Senior Secured Notes

Realogy 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.

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.

Express Employment Professionals Reports Record Year for 2011; Sales Up 22 Percent

Express 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.

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...

Winmark Corporation Announces Quarterly Cash Dividend and Special Dividend

Winmark Corporation (Nasdaq: WINA) announced today that its Board of Directors has approved the payment of a quarterly cash dividend to shareholders.

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.

FirstLight HomeCare

FirstLight HomeCare Exceeds Benchmarks in Ultra-Competitive Industry

Cincinnati-based FirstLight HomeCare can attest to this growth as the company continues to gain market share and exceed the highest industry benchmarks in this ultra-competitive industry with the addition of three to four new markets each month.

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.

Balihoo Secures $5 Million in New Funding to Fuel Business Expansion and Continue Record Growth

Balihoo (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.

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%.

Toys“R”Us, Inc. Announces December 2011 Comparable Store Sales

Toys"R"Us, Inc. today announced its comparable store net sales and total sales for the month of December 2011.

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.

Gap Inc. Reports December Sales

Gap Inc. (NYSE:GPS) today reported that December 2011 net sales decreased 1 percent compared with last year.

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...

Racing Limos America Looks to Build on Third Quarter 2,000% Revenues Burst

Racing Limos America, Inc., a subsidiary of Atlas Technology Group (OTC: ATYG), is expecting continued revenue growth through Q4 2011 and into 2012.

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.

Realogy's Existing Home Sale Results Remain Unaffected After Nar Issues Downward Revision Of National Existing Home Sales Survey Data

Realogy Corporation, a leading provider of real estate and relocation services, today reiterated that the National Association of Realtors' (NAR) downward revision of national existing home sale survey data from 2007 to present day will have no impact on.

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.


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Features & Special Reports

"The Proven Match" for Finding Qualified Franchisees Debuts on Franchising.com Ad Portal

Proven Match has teamed up with Franchise Update Media Group (FUMG) to give results-driven franchisors a cost-saving profiling service that delivers pre-qualified candidates.

Restaurateur Extraordinaire: Sam Covelli Does It With More Than 200 Locations

Sam Covelli says he grew up in the restaurant business working in his father's McDonald's.

Running For Charity: Colortyme Franchisee Raises Money And Awareness For Children's Hospital

This April will mark the third year in a row that Al Coelho has run the 26-mile Boston Marathon. That's a significant achievement. But it's only a part of what Coelho will do that day.

Turning Up The Heat: Learning How To Handle Irate Customers And Look Like A Hero

Irate customers. No matter how good you are at what you do, what business you are in, or where it is located, you will at some point find yourself facing an irate customer.

Sustaining Business: Zane Tankel On Growing During Tough Times

As the economy continues to struggle through a slow recovery, business people everywhere are looking for any tools or techniques that will help them keep their businesses alive and thriving.

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.

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