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August 14, 2008
Council of Better Business Bureaus reviews Wendy's advertising claims
The National Advertising Division of the Council of Better Business Bureaus has determined that Wendy's International Inc., provided sufficient evidence to support product description claims made in the context of the company's "Always Fresh, Neve...
August 13, 2008
Wendy's ranking slides to No. 4
Wendy's International, long ranked No. 3 among fast-food restaurants based on total sales, has ceded that standing. Subway took the No. 3 slot in the latest rankings by QSR Magazine, an industry publication. Wendy's was No. 4. In the nine years QSR Mag...
August 12, 2008
Commodity costs cut into Wendy's profit
Wendy's International, which is in a pending merger with Arby's parent Triac Cos. Inc., said Tuesday that its second-quarter profit fell by one-third, hurt by sharply higher commodity costs, flat revenue and a big investment in its new breakfast menu. ...
August 06, 2008
Wendy's Q2 profit drops 32% on commodity costs, charges
Wendy's International, Inc., the third largest U.S. hamburger chain, said Tuesday after the markets closed that second quarter earnings fell from last year, hurt by declining sales and rising commodity costs as well as restructuring charges and expense...
August 04, 2008
Restaurants Spurn Food Contracts For Spot Market
Higher prices and shorter lengths for food contracts are forcing some restaurants to reconsider locking in prices for ingredients and instead buy chicken, beef and other goods on the spot market, exposing themselves to volatile costs. Major food suppli...
July 30, 2008
Aumenta consumo de comida rapida
Comer en un restaurante a la carta o elegir uno donde predomine la rapidez del servicio conlleva, además de fijarse en el valor nutricional, mirar al bolsillo. Cada vez están siendo más los residentes que se inclinan por esta segunda opción. Los esta... Sponsored Content
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July 25, 2008
Schwarzenegger signs California trans fat ban
California will be the first state to ban trans fats in restaurants and bakeries under legislation signed today by Gov. Arnold Schwarzenegger. The measure requires restaurants to quit using trans fats by January 2010, and for bakeries to follow suit ...
July 25, 2008
Wendy's post-merger management team unveiled
The top executive group at Wendy's after its acquisition by the parent of the Arby's chain will include three faces familiar to the Dublin company's employees and franchisees. Triarc Companies Inc. disclosed Friday three high management appointments fo...
July 25, 2008
Increased Food Prices Mean Changes Are on the Horizon for McDonald's Dollar Menu
Get your $1 double cheeseburgers at McD's while you can - they're not likely to be around much longer! With ingredient costs on the rise and a significant increase in the cost of beef, McDonald's may raise prices on some of its popular dollar menu item...
July 23, 2008
McDonald's sube por ventas mundiales
McDonald's Corp, la mayor cadena mundial de restaurantes, reportó ganancias mayores que las esperadas para el segundo trimestre, impulsadas por sus sólidas ventas en el extranjero. El énfasis de la compañía en ofrecer menús de bajo precio ayudó a sort...
July 23, 2008
McDonald's posts higher second-quarter profit
McDonald's Corp, the world's largest restaurant chain, posted a higher second-quarter profit on Wednesday, boosted by strong overseas sales. Net income came to $1.2 billion, or $1.04 per share, compared with its year-earlier loss of $711.7 million, or ...
July 22, 2008
McDonald's May Post Quarterly Profit on Europe Sales
McDonald's Corp., the world's largest restaurant company, may report a second-quarter profit after European sales rose twice as fast as in the U.S. McDonald's probably earned $1.1 billion, or 95 cents a share, according to John Glass, a Morgan Stanley...
July 18, 2008
Wendy's: Takeover by Triarc progressing well
Wendy's International Inc., the nation's No. 3 hamburger chain, said Friday it is making "good progress"in ironing out the details of its takeover by Arby's owner Triarc Cos. Inc. In a letter to employees filed with the Securities and Exchang...
July 18, 2008
Burger King Buys 72 Franchised Restaurants In Iowa, Nebraska
Burger King Corp. has bought 72 restaurants throughout Iowa and Nebraska from franchisee Simmonds Restaurant Management for an undisclosed amount. The company said that it has expanded its restaurant presence to attractive Midwest markets, enabling i...
July 17, 2008
Yum CEO David Novak takes on KFC's weak results
Lagging sales at KFC prompted David Novak, chief executive officer of parent Yum! Brands, to unleash of string of criticisms of the fast-food chain this morning during a conference call with analysts.“Taco Bell and Pizza Hut are winning, and KFC is los...
July 16, 2008
Yum! Brands Inc. Reports Second-Quarter 2008 EPS of $0.45 per share
Yum! Brands Inc. (NYSE: YUM) today reported results for the second quarter ended June 14, 2008. SECOND-QUARTER HIGHLIGHTS • Very strong system-sales growth of +43% in mainland China and +15% in Yum! Restaurants International (YRI), fueled by broad-bas...
July 15, 2008
Californian Legislature approves bill banning trans fats
California is poised to become the first state in the nation to ban restaurants and other food facilities from using trans fats, which are known to increase the risk of heart disease, under a bill approved by the state Legislature Monday and sent to ...