Latest News
Smashburger Posts Three-Year Sales Growth of 2,673%
8/23/2011
Smashburger announced it is ranked number 99 on the 30th annual Inc. 500, thanks to its three year sales growth of 2,673%. The Inc. 500 is an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America's independent entrepreneurs.
Smashburger Strengthens Leadership Team with Key Promotions and New Hires Including a New President
8/10/2011
Smashburger, the nation's fastest growing "better burger" concept, today announced several key promotions, including the promotion of Greg Creighton to the position of President, where he will take on an expanded leadership role to help drive business strategy at Smashburger. In addition, the company announced several key promotions and the hiring of two Vice Presidents to further strengthen the leadership team and support the company for continued growth and expansion.
Food and Beverage Industry Failing to Grasp Social Media Potential
8/4/2011
Over half of executives in the food and drink industries do not measure the return on investment (ROI) they get from their use of social media, according to a just-food and just-drinks survey.
More than 54% of industry professionals said they did not monitor the ROI that their companies make on social media networks. A further 18% 'did not know' if the business in which they worked measured the returns.
Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) Announced a Series of Changes to Its Management and Board, Continuing Its Process of Transitioning Its Executive Leadership Team and Board of Directors for the Future
8/1/2011
Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) announced a series of changes to its management and Board, continuing its process of transitioning its executive leadership team and Board of Directors for the future.
The Cheesecake Factory Reports Results for Second Quarter of Fiscal 2011
7/21/2011
The Cheesecake Factory Incorporated (NASDAQ: CAKE) today reported financial results for the second quarter of fiscal 2011, which ended on June 28, 2011.
Total revenues were $430.7 million in the second quarter of fiscal 2011 as compared to $418.9 million in the prior year second quarter. Net income and diluted net income per share were $24.7 million and $0.42, respectively.
DineEquity Announces Expansion of Applebee's Franchise Into Egypt
7/21/2011
DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar and IHOP, with more than 3,500 restaurants worldwide, announced today that its wholly owned subsidiary, Applebee's Services, Inc., has signed a multi-restaurant franchise agreement with AMECO Foods for the development of ten new Applebee's restaurants in Egypt.
Chipotle Mexican Grill, Inc. Announces Second Quarter 2011 Results
7/20/2011
Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its second quarter ended June 30, 2011.
Highlights for the second quarter of 2011 as compared to the second quarter of 2010 include:
- Revenue increased 22.4% to $571.6 million
- Comparable restaurant sales increased 10.0%
- Restaurant level operating margin was 25.8%, a decrease of 110 basis points
- Net income was $50.7 million, an increase of 9.0%
- Diluted earnings per share was $1.59, an increase of 8.9%
Mission Critical: 15 Principles to Help Leaders Meet Their Toughest Challenges
7/6/2011
In his new book, The Leader's Checklist, Wharton management professor Michael Useem presents a collection of 15 principles that can help leaders navigate successfully through even the most difficult circumstances. Using such milestone events as the rescue of the 33 Chilean miners in 2010, the collapse of AIG in 2008 and the surrender of the Confederate army at Appomattox in 1865, Useem illustrates the difference between good and bad leadership, and how to achieve one's own personal leadership success.
Stan Warr © 2010. All rights reserved
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