Famous Dave's Franchise News

MINNEAPOLIS, May 21, 2012 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) today announced that the Company will be presenting at the InvestMNt Conference sponsored by the CFA Society of Minnesota. The Conference will be held at the Minneapolis Convention Center.
Diana Purcel, Chief Financial Officer, along with Karen Blacik, Director of Finance and Accounting, will present at the conference scheduled for Thursday, May 24 at 12:30 p.m. CST and will be holding limited one-on-one meetings following the presentation.
About Famous Dave's
Famous Dave's of America, Inc. (Nasdaq:DAVE) develops, owns, operates and franchises barbeque restaurants. The company currently owns 52 locations and franchises 134 additional units in 35 states...

MINNEAPOLIS, May 14, 2012 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) today announced that the Company will be presenting at B. Riley's 13th Annual Investor Conference. The Conference will be held at the Loews Santa Monica Beach Hotel in California on May 21-23, 2012.
Christopher O'Donnell, President and CEO, along with Diana Purcel, Chief Financial Officer, will present at the conference scheduled for Tuesday, May 22 at 9:00 a.m. PDT and will be holding limited one-on-one meetings following the presentation.
About Famous Dave's
Famous Dave's of America, Inc. (Nasdaq:DAVE) develops, owns, operates and franchises barbeque restaurants. The company currently owns 52 locations and franchises 134 additional units in 35 states...

MINNEAPOLIS, May 2, 2012 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) today announced that its Board of Directors has authorized a stock repurchase plan of up to one million additional shares of its common stock. The shares may be repurchased from time to time in the open market or through privately negotiated transactions, and will be funded from available working capital. The repurchase plan may be discontinued at any time at the discretion of the company. Currently, the company has approximately 7.6 million shares outstanding.
"The board's authorization of this additional share repurchase program reaffirms our commitment to generating shareholder value and our confidence in the long-term value of our brand," said Christopher O'Donnell, president and CEO of Famous Dave's...

MINNEAPOLIS, May 2, 2012 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) has taken their already delicious burger and blended in their Famous slow-smoked brisket to create a new line of five Smokehouse Brisket Burgers. And, to commemorate this introduction, five lucky burger lovers will win a free burger each week for a year (www.freeburgersforayear.com) as part of the Brisket Burger promotion.
The new line-up of half-pound Smokehouse Brisket Burgers includes the Smokin' Hot Brisket Burger (house-smoked cheddar cheese and thick-sliced jalapeno bacon strips); Smokehouse Bacon Brisket Burger (crispy bacon and Jack cheese); Smoked Cheddar Brisket Burger (real house-smoked cheddar cheese); Famous Brisket Burger (juicy brisket burger); and Jacked-N-Stacked Brisket Burger (crispy onion rings, jack cheese piled high on juicy brisket burger)...

First 100 Guests at the May 2nd Grand Opening Win a FREE Half Slab Dinner Each Week for a Year!
MINNEAPOLIS, MINN. , April 30, 2012 - Famous Dave's of America, Inc. (NASDAQ:DAVE) announces the development of its first fast casual Famous Dave's in Beaverton, Oregon. Called "Famous Dave's BBQ Shack," this fast casual restaurant, with seating for 82 guests, is scheduled to open on April 30, 2012. The restaurant is located at 3260 SW Cedar Hills Boulevard and will offer the same great barbeque as Famous Dave's traditional full service locations, but at a faster pace and with a more value-oriented menu. This will be the third Famous Dave's location in Oregon, but the first Famous Dave's BBQ Shack in the state.
"We are excited to bring the new fast casual Famous Dave's concept to Beaverton," said Kevin Summers, Area Director of Beaverton Cedar Hills, LLC, a franchisee of Famous Dave's...

Includes Non-Cash Charges of Approximately $0.01 Per Share
MINNEAPOLIS, Apr 25, 2012 (GlobeNewswire via COMTEX) --Famous Dave's of America, Inc. (Nasdaq:DAVE) today announced revenue and net income of $37.5 million and $817,000, respectively, or $0.11 per diluted share, for the first quarter ended April 1, 2012. This compares to revenue and net income of $37.1 million and $1.2 million, respectively, or $0.14 per diluted share, for the comparable period in 2011.
Results for the first three months of 2012, included closure costs of $92,000 or approximately $0.01 per diluted share related to the sale in the first quarter of a company-owned location. Results for the first three months of 2011, included a $0.01 non-cash impairment charge for non-recoverable assets for a company-owned restaurant that will be relocated within its existing market in early 2013...

MINNEAPOLIS, MN--(Marketwire - Apr 25, 2012) - Famous Dave's of America, Inc. (NASDAQ: DAVE) is proud to announce it took home several top honors on April 22 at "Pork in the Park" held in Salisbury, MD. The event draws top competition teams, over 35,000 attendees, and is billed as the largest BBQ competition on the East Coast and the 2nd largest Kansas City Barbeque Society (KCBS) Competition in the nation. This marks the first time Famous Dave's has competed in this event.
The competition is fierce at this KCBS-sanctioned event with approximately 120 professional BBQ teams vying for the first place prizes in 2012. Famous Dave's competition team was awarded first place prize and a $1000 check for "Whole Hog" and first place prize and a $1000 check for "Best Pork Shoulder...

MINNEAPOLIS, April 9, 2012 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) will announce its First Quarter 2012 earnings after market close on April 25, 2012. The company is hosting a conference call, April 26, 2012 at 10:00 a.m., Central Time, to discuss its financial results. There will be a live web-cast of the discussion through the Investor Relations section of Famous Dave's web site at www.famousdaves.com.
A replay will be available for one week following the call by dialing (855) 859-2056, Conference ID "63361813".
About Famous Dave's of America, Inc.
Famous Dave's of America, Inc. (Nasdaq:DAVE) develops, owns, operates and franchises barbeque restaurants. As of April 9, 2012, the company owned 53 locations and franchised 133 additional units, in 35 states...

MINNEAPOLIS, March 2, 2012 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) announced today that it has sold its Tulsa, Oklahoma location. Famous Dave's last day of operations in Tulsa will be March 2, 2012. The terms of the sale and buyer information have not been disclosed.
"This was a unique situation as Famous Dave's was not seeking to exit the market. When we received an unsolicited offer from a real estate developer for this corporate location, we determined that it was highly attractive for a number of reasons, despite having to close down a market. The offer affords us the opportunity to open the Tulsa market, and the rest of Oklahoma, as a strong franchise market, while focusing corporate growth where we have existing locations and can achieve market penetration," said Christopher O'Donnell, Famous Dave's President and CEO...

MINNEAPOLIS, Feb. 28, 2012 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) has responded to the increase in demand from guests for more seafood offerings during the months of February and March by offering Beer-Battered Cod and All-You-Can-Eat Fish Fridays (February 20 – April 8, 2012 at participating locations).
"Famous Dave's values guest feedback and we received an excellent response last year when we tested cod as a seasonal offering for a limited time. That feedback, coupled with industry statistics that February and March are the largest seafood consumption times of the year, led us to create an even larger seafood offering this year," said Aric Nissen, Vice President of Marketing at Famous Dave's. "This year our offerings at participating restaurants include tender fillets of cod with a crispy cornmeal batter, made with Sam Adams Boston Lager, available as an entrée platter, a sandwich, and even as a Beer-Battered Cod Fingers appetizer...

MINNEAPOLIS, Feb. 1, 2012 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) will announce its Fourth Quarter 2011 earnings after market close on February 15, 2012. The company is hosting a conference call, February 16, 2012 at 10:00 a.m., Central Time, to discuss its financial results. There will be a live web-cast of the discussion through the Investor Relations section of Famous Dave's web site at www.famousdaves.com.
A replay will be available for one week following the call by dialing (855) 859-2056, Conference ID "46313597".
About Famous Dave's of America, Inc
Famous Dave's of America, Inc. (Nasdaq:DAVE) develops, owns, operates and franchises barbeque restaurants. As of February 1, 2012, the company owned 54 locations and franchised 133 additional units, in 37 states...

MINNEAPOLIS, Dec. 5, 2011 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) announces the opening of the Company's third Missouri restaurant in Springfield. The new restaurant, owned and operated by Midwest BBQ Ventures South Springfield, LLC, is conveniently located at 4406 S. Campbell Avenue – just across the street from the new Academy of Sports and Sam's Club.
"With the great success we've had in Branson for the past five years, we are excited to open the first Famous Dave's in the Springfield market," said Dave Jones, managing member and co-owner of Midwest BBQ Ventures South Springfield LLC. "I believe that each guest will become a raving fan once they taste our award-winning food." Jones co-owns the Springfield location with Joe Gira and Mark Coburn...

MINNEAPOLIS, Dec 5, 2011 (GlobeNewswire via COMTEX) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) is pleased to announce the grand opening of the new "Famous Dave's BBQ Shack," a fast casual dining experience in Eden Prairie, Minnesota. The company-owned restaurant opens December 5, 2011. Conveniently located at 590 Prairie Center Drive -- adjacent to the Eden Prairie Center Mall -- the new BBQ Shack will offer the same great barbeque as traditional Famous Dave's locations, but at a faster pace and with some unique benefits.
"Our fast-casual concept offers Guests the same 'famous' food Famous Dave's is known for but in a smaller footprint and with quicker counter service for both dine-in and To Go orders," said Christopher O'Donnell, president and CEO at Famous Dave's of America, Inc...

MINNEAPOLIS, Nov. 30, 2011 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) announces it has opened its newest award-winning Bar-B-Que restaurant on New York's renowned 42nd Street– in the popular theatre district – at 234 West 42nd between 7th and 8th Avenue. Just in time for holiday celebrations, this new restaurant, located in the magnificently renovated, historic Liberty Theater, marks the sixth Famous Dave's opening in New York and the second in New York City. The 42nd Street Famous Dave's is owned and operated by Sammy Benmoha of 42nd Street Barbeque LLC.
"We are thrilled to bring world class, award-winning Famous Dave's BBQ and ribs to this beautiful location in the heart of Times Square," said Sammy Benmoha...

MINNEAPOLIS, Nov. 14, 2011 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) announces the opening of the Company's second South Dakota restaurant in Rapid City. The new restaurant, owned and operated by Black Hills BBQ, Inc., is conveniently located at 1718 Eglin Street – just off Interstate 90 in the new Rushmore Crossing shopping center.
"We are excited to introduce Famous Dave's award-winning barbeque to the Rapid City community," said Pat Ryan, co-owner of Black Hill BBQ, Inc. "Rapid City is a thriving community eager for new dining opportunities. The Eglin Street address is in close proximity to the Ellsworth Air Force Base and we look forward to serving the families who are stationed here. Additionally, tourists visiting the Black Hills, Mt...

MINNEAPOLIS, Nov 9, 2011 (GlobeNewswire via COMTEX) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) announced today that the Company has expanded its area development agreement with Savory Investments, LLC to include the right to purchase five additional Famous Dave's Legendary Pit Bar-B-Que(C) franchise restaurants in California. The California markets covered by the new agreement include Solano, Marin, Sonoma, Monterey and Santa Cruz. Under the original area development agreement announced in December 2009, Savory Investments, LLC purchased the right to franchise four restaurants in California and Nevada. Since entering this agreement, the franchise operator has opened one Famous Dave's Legendary Pit Bar-B-Que(C) location in Reno, Nevada.
Headquartered in Reno, Savory Investments, LLC was founded in 2011 by brothers Rory and Sean O'Neal...

MINNEAPOLIS, Oct 26, 2011 (GlobeNewswire via COMTEX) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) today announced revenue and net income of $38.9 million and $1.6 million, respectively, or $0.19 per diluted share, for the third quarter ended October 2, 2011. This compares to revenue and net income of $38.7 million and $1.5 million, respectively, or $0.17 per diluted share, for the comparable period in 2010.
For the first nine months of 2011, the Company reported $0.63 per diluted share, including a non-cash impairment charge taken in the first quarter of approximately $148,000 or $0.01 per diluted share, as compared to $0.76 per diluted share for the first nine months of 2010, which included a $0.15 gain from the acquisition of seven franchise restaurants...

MINNEAPOLIS, Oct 13, 2011 (GlobeNewswire via COMTEX) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) will announce its Third Quarter 2011 earnings after market close on October 26, 2011. The company is hosting a conference call, October 27, 2011 at 10:00 a.m., Central Time, to discuss its financial results. There will be a live web-cast of the discussion through the Investor Relations section of Famous Dave's web site at www.famousdaves.com.
A replay will be available for one week following the call by dialing (800) 642-1687, Conference ID "10469533."
Famous Dave's of America, Inc. (Nasdaq:DAVE) develops, owns, operates and franchises barbeque restaurants. As of October 13, 2011, the company owned 53 locations and franchised 131 additional units, in 37 states...

MINNEAPOLIS, Sep 28, 2011 (GlobeNewswire via COMTEX) -- Marking its first venture outside the US market, Famous Dave's of America, Inc. (Nasdaq:DAVE) announced today that it has awarded a multi-unit franchise agreement to Famous Ribs of Canada Ltd., a subsidiary of Tribal Councils Investment Group of Manitoba Ltd. The first location is anticipated to open June 2012 in Winnipeg, Manitoba.
Tribal Council Investment Group of Manitoba Ltd. (TCIG) is a highly successful private investment holding that owns and operates the territory master franchise of Wok Box; a popular Asian quick-service family of restaurants. TCIG's subsidiary, Arctic Beverages Limited is the only First Nations owned and operated Pepsi bottler in the world which services the largest territory in Canada with Pepsi and Frito Lay products...

MINNEAPOLIS, Aug 29, 2011 (GlobeNewswire via COMTEX) -- Famous Dave's of America, Inc. (Nasdaq:DAVE) announces it has opened its newest award-winning Bar-B-Que restaurant in Falls Church, Virginia at 370 West Broad Street. Today's opening marks the tenth Famous Dave's location in Virginia and is the 53rd company-owned location nationwide.

"Today, we open our tenth Famous Dave's restaurant in Virginia making ours the most popular BBQ in the state," said Christopher O'Donnell, President and CEO of Famous Dave's of America, commenting on the new Falls Church opening. "In addition to the extensive menu featuring our award-winning BBQ, this new location, conveniently located in the Broadale Village Shopping Center, offers our guests a new store design featuring additional televisions to enjoy sporting events...