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LAKEWOOD Colo. Einstein Noah Restaurant Group Inc. more than tripled its first quarter profit, driven by strong sales and cost control measures, the bagel specialist reported. Einstein Noah reported net income of $3.8 million, or 23 cents...
STAMFORD Conn. Centerplate Inc., a manager of foodservice operations in sports and entertainment venues, said it has retained UBS Securities to assess a sale or other changes in the contractor’s capital structure. Bob Pascal, Centerplate’s...
OAK BROOK Ill. McDonald’s domestic same-store sales rose year-over-year by 2 percent in April, capping March’s decline of 0.8 percent as the only dip in monthly same-store sales during the past five years. The world’s largest quick-service...
LOS ANGELES Blaming higher food costs, California Pizza Kitchen Inc. reported a 30-percent drop in first-quarter profit Thursday, and predicted that the industry has yet to see the “bottom” of the current tough economic times. For the...
MINNEAPOLIS Buca di Beppo parent Buca Inc. said its losses deepened to $4.2 million, or 20 cents per share, for the first quarter ended March 30, compared with a net loss of $2.8 million, or 14 cents per share, in the year-ago period. The...
LOUISVILLE Ky. Papa John’s International Inc. reported a 34-percent plunge in first quarter net income on a $5.2 million loss related to its franchisee-owned cheese purchasing company. For the first quarter ended March 30, Papa John's...
FERNDALE Mich. Burger King franchisees Clyde Culp and Rodger Head have teamed up with the private-equity firm Kinderhook Industries PLC to acquire BD’s Mongolian Grill, a privately held Mongolian barbecue concept with 33 outlets. The sellers were...
HEATHROW Fla. Ruth's Chris Steak House Inc. continued its downward spiral during the first quarter with a 33-percent plunge in profit despite a 21-percent upswing in revenues, the high-end steakhouse operator and franchisor reported Tuesday. ...
EDINA Minn. John Gainor has been named president and chief executive of International Dairy Queen, effective July 1. He succeeds Charles Mooty, 47, who is retiring after 21 years with the company. Gainor, 51, joined IDQ in 2003 as chief...