Burger King says weather hurt Q3, but trends better

2010-03-09T08:45:39Z

<div><p>LOS ANGELES (Reuters) - Burger King Holdings Inc <BKC.N> expects lower fiscal third-quarter revenue and restaurant margins in the U.S. and Canada as bad weather in the central and eastern McDonald's key sales figure climbs in Feb. as customers seek out value-priced food items</div><div><p>Strong overseas growth for McDonald's Corp. in February outweighed U.S. sales that barely nudged upward as the world's largest fast-food chain posted a 4.8 percent increase in sales at restaurants open at least a year.<...

McDonald's same-store sales up 4.8 percent

2010-03-08T10:00:17Z

<div><p>LOS ANGELES/NEW YORK (Reuters) - McDonald's Corp <MCD.N> reported a better-than-expected 4.8 percent rise in February sales at established restaurants as Asia helped offset softness in the McDonald's iconic Big Mac sandwich is displayed in front of one of the drinks served in a McDonald's restaurant in North Huntinton, Pa. McDonald's Corp. said Monday, March 8, 2010, that sales at restaurants open at least a year climbed 4.8 percent in February on strong overseas growth and a small rise in U.S. sales.(AP Photo...

Morton's reports losses, but outlooks boost shares

2010-03-04T13:00:47Z

<div id="subtitle">Morton's Restaurant Group shares rises as its outlooks for 1Q, full year top analysts'</div><div><p>Shares of Morton's Restaurant Group Inc. climbed Thursday after the restaurant operator forecast better profit for its fiscal first quarter and full year than analysts expected.</p><p>Morton's said late Wednesday that it anticipates earning 25 cents to ...

Wendy's/Arby's 4Q loss narrows; Arby's still hurts

2010-03-04T10:31:07Z

<div id="subtitle">Wendy's/Arby's Group says 4th-quarter loss narrows; plans dollar menu to help sagging Arby's</div><div><p>Fast-food chain Wendy's/Arby's Group Inc. is planning a massive effort to revitalize its flagging Arby's brand, rolling out a dollar menu nationwide next month and pouring millions into revamping restaurants.</p><p>The news comes after an important sa...

Wendy's/Arby's profit view below Street, shares down

2010-03-04T08:46:09Z

<div><p>LOS ANGELES (Reuters) - Wendy's/Arby's Group Inc <WEN.N>, the third-largest U.S. fast-food restaurant operator, issued a 2010 earnings growth forecast below

Earnings Preview: Wendy's/Arby's Group Inc.

2010-03-02T16:15:26Z

<div id="subtitle">After announcing Arby's turnaround efforts, Wendy's/Arby's group prepares 4Q results</div><div><p>Fast food chain Wendy's/Arby's Group Inc. reports its fourth-quarter results before the stock market opens Thursday.</p><p>WHAT TO WATCH FOR: Observers will be paying careful attention to the company's Arby's brand, which has struggled with falling sales and ...

Lee to buy CKE Restaurants for $619M and debt

2010-02-26T07:15:20Z

<div id="subtitle">Lee Partners to buy Carl's Jr. and Hardee's restaurants from CKE for about $619M plus debt</div><div><p>A private equity firm said Friday it will buy the owner of the Carl's Jr. and Hardee's restaurants for about $619 million in cash.</p><p>LOS ANGELES (Reuters) - Burger King Holdings Inc &lt;BKC.N&gt; will sell Starbucks Corp's &lt;SBUX.O&gt; Seattle's...

Yum Brands profit edges up in 4Q

2010-02-22T12:11:14Z

<div id="subtitle">Yum Brands 4th-qtr profit edges up as sales grow overseas offsetting drop in US</div><div><p>Riding strong overseas growth, especially in China, restaurant operator Yum Brands Inc. posted a 6 percent gain in fourth-quarter profit Wednesday, making up for lower U.S....

McDonald's says to lift 2010 China investment by 25 percent

2010-02-22T13:42:07Z

<div><p>SHENZHEN (Reuters) - McDonald's Corp. &lt;MCD.N&gt;, the world's largest hamburger chain, said on Friday that it expects to boost its capital investment in China by about 25 percent in 2010.</p><...

Garrett, Arby's CEO, departs company

2010-02-22T13:50:00Z

<div id="subtitle">Longtime Arby's exec leaves Wendy's/Arby's group as fast-food chain launches turnaround effort</div><div><p>Tom Garrett, a longtime Arby's executive in charge of the struggling roast beef restaurant chain, is leaving the company as it tries to turn around the brand's fortunes, fast-food chain Wendy's/Arby's Group Inc. said Thursday.&am...

McDonald's profit, December same-store sales rise

2010-02-22T16:33:59Z

<div><p>LOS ANGELES/CHICAGO (Reuters) - McDonald's Corp &lt;MCD.N&gt; posted higher quarterly profit helped by strength in Europe and a small rise in ...

McDonald's to start free Wi-Fi at most U.S. stores

2010-02-22T21:55:50Z

<div><p>NEW YORK (Reuters) - McDonald's Corp plans to offer free Wi-Fi service at most of its U.S. restaurants, starting on January 15, a spokeswoman said on Monday.</p><p>The largest U.S. fast-food chain had previously said it would provide fr...

McDonald's promotes US chief to president job

2010-02-22T22:06:01Z

<div id="subtitle">McDonald's names president of US division as chain's new president and COO</div><div><p>McDonald's Corp., the world's largest fast-food chain, on Monday said the head of its U.S. operations will become the company's new president and chief operating officer.</p><p&g...

McDonalds President

2010-01-11T14:17:41Z

This undated photo provided Monday, Jan. 11, 2010 by Oak Brook, Ill.-based McDonald's Corp., shows Don Thompson, who was named McDonald's new president and chief operating officer. Thompson, 46, who was head of the company's U.S. operatio...

AFC Enterprises key 4Q sales figure declines

2010-02-22T22:16:48Z

<div id="subtitle">AFC Enterprises key 4th-quarter sales figure dips less than prior-year period results</div><div><p>AFC Enterprises Inc., franchisor and operator of Popeyes restaurants, said Monday that a key sales figure declined less in the fourth quarter than the prior-year period on better pricing.</p><p>Casual dining operators have tri...

Ruth's sales comparison falls 11 pct in 4Q

2010-02-23T01:28:34Z

<div id="subtitle">Ruth's Hospitality says sales at restaurants open at least a year falls 11 percent in 4Q</div><div><p>Restaurant operator Ruth's Hospitality Group Inc. said Monday that sales at company-owned restaurants open at least a year fell 11 percent in the fourth quarter.</p><p>The company's stock fell in after-hou...

Bristol Restaurants Look Forward To Economic Recovery

2010-02-23T02:02:36Z

Restaurants in Bristol are forecasting continuing commercial success as the south-west recovers from the global recession, as an increasing number of local residents return to the city's eateries to shore-up the region's leisure and entertainment sectors.<br><br>Bristol, UK (2 December 2009) - - Restaurants and diners across Bristol are anticipating growing popularity amongst locals and visitors in 2...

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