The Franchise Owner's most trusted news source


Log In / Register | Feb 25, 2018
Food

Denny’s Outperforms Expectations, Franchisees Have Strong Second Quarter

Denny’s Corporation (NASDAQ:DENN), an operator and franchisor over a chain of 1,724 restaurants, reported on Tuesday a strong performance for its second quarter, which ended June 28, 2017.

Ruth’s Company Restaurants Grow Traffic and Comps in Q2

Ruth's Chris Steak HouseRuth's Hospitality Group, Inc. (NASDAQ:RUTH) reported its unaudited financial results last week that show its company-owned same-restaurant sales are growing as are revenues from its franchising activities.

Independent Micro Restaurant Chains Grow in Big Cities

Although total independent restaurant unit counts have declined by 4 percent from a year ago, micro-chain units, that is to say a small chain from three to 19 units, are increasing in major U.S. cities, says a major foodservice researcher.

New Dunkin’ Donuts to Open in Pasadena under Unique Rebranded Name

Dunkin' Donuts franchisees in California will open a new store in Pasadena under the rebranded name of Dunkin', to reflect the unique location of the store and highlight Dunkin' Donuts' focus on beverages, rather than donuts.

McDonald's Largest Franchisee Says Will Use 100% Sustainably Sourced Fish by 2020

Brazil-based Arcos Dorados, McDonald's largest franchisee, acknowledging its large impact on the environment, has pledged to sustainably source all of its fish, packaging and palm oil by 2020. The company, with over 90,000 employees and 2,156 restaurants, has the exclusive right to own, operate and franchise McDonald's restaurants in 20 countries in Latin America and the Caribbean. Its stock has traded on the NYSE (ARCO) since 2011.

Bojangles Sales Drop, Cooling 2017 Expectations

A newly opened Bojangles chicken & biscuits restaurant, KentuckyNorth Carolina-based franchisor Bojangles’ Inc. [NASDAQ:BOJA] announced yesterday that its same-restaurant sales decreased 1.4 percent in its second quarter, which ended June 25.

Fazoli’s Announces Rise of 1 Percent in Franchise Same-Restaurant Sales for Q2

Fazoli'sAlthough not a publicly-traded company, Fazoli’s System Management LLC self-reported on July 19 that its franchised locations had a 1 percent rise in same-restaurant sales for the second quarter of 2017.

Buffalo Wild Wings Store Sales Drop in Q2

Buffalo Wild Wings front facadeYesterday Buffalo Wild Wings Inc. (NASDAQ: BWLD) announced its financial results for the second quarter ending June 25, 2017 and it was not pretty. Same-restaurant sales decreased 1.2 percent at company-owned restaurants. Franchised restaurants dropped even more in same-restaurant sales, 2.1 percent.

Chipotle Sabotage Speculation Resurfaces

Speculation that Chipotle's food has been deliberately infected has resurfaced after the latest rash of bad news for the company. The idea first surfaced after the 2015 norovirus outbreak at the chain. Restaurant consultant Aaron D. Allen has analyzed the situation and has found several reasons to think Chipotle may have been sabotaged.

Dunkin' Brands Doesn't Rise, Has Lackluster Second Quarter

Dunkin' Donuts by sunsetDunkin’ Brands Group Inc., the parent company of franchisors Dunkin’ Donuts and Baskin-Robbins, reported meager same-store sales growth this morning for its second quarter of 2017.