Latest News
McDonald's Strong Performance Continues: April Comparable Sales Up 6.0%
5/12/2011
In the U.S., April comparable sales rose 4.0% fueled by the popularity of the McCafe beverage line-up, including the recently introduced McCafe shakes
McDonald's Corporation (NYSE: MCD) today announced global comparable sales growth of 6.0% in April. Performance by segment was as follows:
- U.S. up 4.0%
- Europe up 6.5%
- Asia/Pacific, Middle East and Africa up 6.5%
Old Chicago Celebrates the Windy City with Made-from-Scratch, Limited-Time-Offer 'Authentic Chicago Flavors'
4/11/2011
Old Chicago – a division of CraftWorks Restaurants & Breweries, Inc. and the made-from-scratch American fare and beer authority known for its World Beer Tour™ and 110 unique, cold beers – just launched its latest limited time offer: Authentic Chicago Flavors that feature ultimate Chicago-style deep dish pizzas, calzones and a Chicago-style hot dog.
Restaurant Industry Outlook Improved in February As Restaurant Performance Index Stood Above 100 for the Fifth Time in Six Months
3/31/2011
Driven by improving same-store sales and customer traffic levels as well as growing optimism among restaurant operators, the outlook for the restaurant industry improved in February. The National Restaurant Association's Restaurant Performance Index (RPI) – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 100.7 in February, up 0.4 percent from its January level.
Darden Restaurants Reports 14% Increase in Third Quarter Diluted Net Earnings Per Share and Announces Quarterly Dividend of 32 Cents Per Share
3/28/2011
Total third quarter sales from continuing operations of $1.98 billion represent a 5.5% increase over the prior year and reflects the Company's operation of 66 net new restaurants compared to prior year, 0.9% blended U.S. same-restaurant sales growth for Olive Garden, Red Lobster and LongHorn Steakhouse and strong same-restaurant sales growth for Darden's Specialty Restaurant Group.
Carlson Restaurants Announces Plans to Double the Number of T.G.I. Friday's Restaurants
3/28/2011
At its 2011 Global Business Conference last week in Dallas, Texas, Carlson Restaurants, parent of T.G.I. Friday's®, announced plans to double the number of T.G.I. Friday's restaurants globally.
GE Capital, Franchise Finance Provides $100 Million to Five Guys Burgers and Fries
3/24/2011
GE Capital, Franchise Finance provided a $100 million credit facility to Five Guys Holdings, Inc. franchisor of Five Guys Burgers and Fries. The facility includes a $55 million term loan and a $45 million revolver, and will be used to finance expected growth. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
Dairy Queen® Promotes Random Acts of Kindness in New Online Contest
3/24/2011
Hoping to spark random acts of kindness and spread smiles and stories across the country, Dairy Queen® recently launched an exciting online video promotion that rewards contest winners with a Mini Cooper Countryman car.
Saladworks CEO Gets Back to Operational Roots by Visiting Open Locations
3/22/2011
John Scardapane, Founder/CEO of , the nation's first and largest fresh-tossed salad franchise concept, has been hitting the road for over a year visiting franchisees in locations across the country to express personal commitment to their success.
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