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Franchise Industry Financial Reports

Check the ticker here regularly for the latest hard numbers and statistics about franchise company financial performance. You'll find company-issued press releases highlighting quarterly and year-end results, stock prices, fiscal reports, dividends, sales, and other financial data that shed light on the financial side of franchise companies.

Hertz's China Partner, CAR Inc., Announces Initial Public Offering »

September 19, 2014 at 5:34AM PDT | Source: Hertz

CAR Inc. Plans to Use Proceeds from IPO to Increase Rental Fleet
NAPLES, Fla. - Sept. 19, 2014 /PRNewswire - The Hertz Corporation (NYSE: HTZ) is poised to enhance its presence in the world's fastest growing economy as its car rental partner in China uses an initial public offering (IPO) to increase its rental fleet.
Hertz's partner CAR Inc., China’s biggest car rental company, launched its IPO on the Hong Kong stock exchange (HKEx) today. Following the announcement Hertz is poised to enhance its presence in the world’s fastest growing economy.
CAR Inc., China's biggest car rental company, launched its IPO on the Hong Kong stock exchange (HKEx) today.
Hertz, the world's largest general use car rental brand, acquired a 19% stake in CAR in April 2013...

Hyatt Announces Sale Of 38 Select Service Hotels »

September 19, 2014 at 4:20AM PDT | Source: Hyatt Hotels & Resorts

September 19, 2014 // Franchising.com // CHICAGO – Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt affiliates have agreed to sell 38 hotels to a company organized by Lone Star Funds (the "Purchaser") for approximately $590 million. The portfolio of 38 hotels (the "Hyatt Portfolio") consists of Hyatt Place and Hyatt House hotels totaling 4,950 rooms. As part of the sale, Hyatt will enter into franchise agreements with the Purchaser, with all hotels maintaining their existing Hyatt Place and Hyatt House branding.
The Purchaser intends to spend approximately $50 million in additional capital expenditures across the Hyatt Portfolio over the next 24 months. Aimbridge Hospitality, LLC will manage the hotels for the Purchaser...

Fazoli's Franchise Same-Store Sales Surge Ahead Of Industry »

September 18, 2014 at 11:40AM PDT | Source: Fazoli's Restaurants

Brand's Performance Sets Stage for Upcoming Domestic, International Growth
LEXINGTON, Ky. - September 18, 2014 - (EON: Enhanced Online News) - Fazoli's franchisees reported a 4.9% jump in August same-stores, far outpacing the quick-service industry, which was up less than 1%, according to a leading industry research firm. It was the 17th straight month of increases. So far this year, same-store franchise restaurant sales are up 5.6%.
To tweet: Fazoli's franchise same-store sales surge as brand signs new development deals:[https://twitter.com/intent/tweet?text=Fazoli%27s+franchise+same-store+sales+surge+as+brand+signs+new+development+deals.&source=clicktotweet&related=clicktotweet].
While many restaurant brands continue to face slow growth in traffic, Fazoli's franchisees saw guest counts increase 2...

Krispy Kreme Expands Share Repurchase Authorization By $25 Million To $105 Million »

September 18, 2014 at 4:42AM PDT | Source: Krispy Kreme

WINSTON-SALEM, N.C. - (BUSINESS WIRE) - September 17, 2014 - Krispy Kreme Doughnuts, Inc. (NYSE: KKD) announced today that its Board of Directors has Directors increased the Company's current share repurchase program from $80 million to $105 million. The current authorization was originally approved by the Company's Board of Directors in July 2013, and was increased from $50 million to $80 million earlier this year. Including the increase announced today, there is approximately $50 million remaining for future purchases under the program.
Repurchases may be made from time to time in either open market or private transactions, in accordance with Securities and Exchange Commission requirements. As of August 3, 2014, the Company had approximately 64 million shares outstanding...

Catering Sales Are Smokin' Hot At Dickey's Barbecue Restaurants »

September 11, 2014 at 11:50AM PDT | Source: Dickey's Barbecue Pit®
Dickey's Barbecue Pit® Opportunities Available

National Catering Hotline 1-866-BARBECUE Surpasses $6 Million in Sales
September 11, 2014 // Franchising.com // Dallas, TX - Dickey's Barbecue Restaurants, Inc. announced sales from its catering hotline have surpassed the $6.4 million sales mark. In August 2011, Dickey's Barbecue Restaurants, Inc. introduced 1-866-BARBECUE, a national catering hotline that gives guests direct access to live catering experts seven days a week. Today, catering is responsible for 15 percent of overall sales for Dickey's Barbecue Restaurants.
"Since our inception in 2011, we've continued to see a significant increase in catering orders across all markets," said Michelle Sarlls, director of catering sales for Dickey's Barbecue Restaurants, Inc. "And, with our store count climbing to 500 by the end of 2014, we anticipate our busiest holiday season yet...

The Gymboree Corporation Reports Second Fiscal Quarter 2014 Results; Comparable Sales Are Positive For August »

September 11, 2014 at 6:06AM PDT | Source: Gymboree
Gymboree Opportunities Available

SAN FRANCISCO - Sept. 10, 2014 /PRNewswire/ - The Gymboree Corporation (the "Company") today reported consolidated financial results for the second fiscal quarter ended August 2, 2014.
"Despite a difficult second quarter, we continued to make progress on our key initiatives in product, inventory and execution," said Mark Breitbard, Chief Executive Officer. "We are seeing a meaningful improvement in trend at the start of the third quarter with positive comparable store sales across each of our brands in August. In addition, we are well on our way to achieve our annual efficiency and cost savings goals. Based on the progress we have made, we remain confident that we have the right action plans in place and the balance sheet strength to stabilize our sales trend and return our Company to consistent, long-term profitable growth...

Liquid Nutrition Announces Debt For Shares On Convertible Debenture »

September 10, 2014 at 10:30AM PDT | Source: Liquid Nutrition

MONTREAL, QUEBEC - (Marketwired - Sept. 10, 2014) - Liquid Nutrition Group Inc. (TSX VENTURE:LQD) (the "Corporation") announced today that 1,000,000 shares were issued in order to extinguish a $300,000 debt on a convertible debenture. The shares are subject to a four month hold period under the applicable securities legislation.
About Liquid Nutrition Group Inc.
Liquid Nutrition Group Inc. (TSX VENTURE:LQD) is a growing, hybrid retailer of functional beverages, fresh pressed juices, vitamins and supplements. Liquid Nutrition is committed to building a global brand in the health and wellness industry by bringing its healthy and delicious product offering to communities around the world. Through its wholly owned subsidiary, Liquid Nutrition Franchising Corporation, LNGI currently has signed franchise agreements for 14 stores in Canada and 1 Corporate store in the USA, as well as license agreements in the Bahamas and the Middle East...

Krispy Kreme Reports Financial Results For The Second Quarter Of Fiscal 2015 »

September 10, 2014 at 8:47AM PDT | Source: Krispy Kreme

Reaffirms Full Year Adjusted EPS Guidance
WINSTON-SALEM, N.C. - (BUSINESS WIRE) - Sep. 9, 2014 - Krispy Kreme Doughnuts, Inc. (NYSE: KKD) (the "Company") today reported financial results for the second quarter of fiscal 2015, ended August 3, 2014. The Company also reaffirmed its adjusted earnings guidance for the full year.
Second Quarter Fiscal 2015 Highlights Compared to the Year-Ago Period:

Systemwide store count rose 3.4% in the quarter (6.8% year-to-date) to 884 Company and franchise shops worldwide
Systemwide domestic same store sales rose 2.8%, including a 1.1% gain at Company shops; constant currency international franchise same store sales declined 2.4%
Revenues increased 6.9% to $120...

U-Swirl, Inc. Announces Management And Operational Changes To Enhance Franchise Support, Profitability And Cash Flow »

September 09, 2014 at 9:49AM PDT | Source: U-SWIRL

Bryan Merryman Appointed Chairman and CEO of U-Swirl, Inc., Along With a Proven Management Team Focused on "Consolidation" Strategy Within Frozen Dessert Industry
HENDERSON, NV - (Marketwired - Sep 9, 2014) - U-Swirl, Inc. (OTCQB: SWRL) ("U-Swirl" or "the Company"), parent to U-SWIRL International, Inc., through which it owns and franchises self-serve frozen yogurt cafés, today announced that its Board of Directors has appointed Bryan Merryman Chairman and Chief Executive Officer of the Company, replacing Ulderico Conte, the Company's previous CEO. Mr. Merryman will also replace Frank Crail as the Company's Chairman of the Board. Mr. Crail will continue to serve on the Board of Directors. The Board of Directors also appointed two additional experienced and proven executives to its management team: Alan Stribling, formerly CEO of Yogurtini, as the Company's new President; and Jeremy Kinney, Vice President of Finance at Rocky Mountain Chocolate Factory, Inc...

Sears Hometown And Outlet Stores, Inc. Reports Second Quarter 2014 Results »

September 09, 2014 at 9:02AM PDT | Source: Sears Hometown and Outlet Stores

HOFFMAN ESTATES, Ill., Sept. 9, 2014 /PRNewswire/ -- Sears Hometown and Outlet Stores, Inc. ("SHO") (NASDAQ: SHOS) today reported results for its quarter ended August 2, 2014.
Results for the second quarter included:

Operating income decreased 62.4% to $5.8 million
EPS decreased 62.5% to $0.15
Adjusted EBITDA decreased 55.0% to $7.9 million
Comparable store sales decreased 6.3%

Year-to-date results through the second quarter included:

Operating income decreased 69.8% to $12.1 million
EPS decreased 70.2% to $0.31
Adjusted EBITDA decreased 63.0% to $16.5 million
Comparable store sales decreased 6.2%

Bruce Johnson, Chief Executive Officer and President, said, "During the second quarter we observed a highly promotional environment for large appliances...

McDonald's Reports Global Comparable Sales For August »

September 09, 2014 at 5:34AM PDT | Source: McDonald's

OAK BROOK, Ill. - Sept. 9, 2014 /PRNewswire/ - McDonald's Corporation today announced that global comparable sales decreased 3.7% in August. Performance by segment was as follows:

U.S. down 2.8%
Europe down 0.7%
Asia/Pacific, Middle East and Africa (APMEA) down 14.5%

"During August, McDonald's global business faced several headwinds that impacted sales performance," said McDonald's President and Chief Executive Officer Don Thompson. "As a System, we are diligently working to effectively navigate the current market conditions to regain momentum. For the long term, we remain focused on strengthening the key foundational elements of our service, operations and marketing to maximize the impact of our strategic growth priorities for our customers and our business...

Starwood Prices Senior Notes Offering »

September 09, 2014 at 4:34AM PDT | Source: Starwood Hotels & Resorts

STAMFORD, Conn. - September 8, 2014 - (BUSINESS WIRE) - Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has priced an offering of $350 million principal amount of 3.750% senior notes due 2025 and $300 million principal amount of 4.500% senior notes due 2034 through an underwritten public offering. The closing of the offering is expected to occur on September 15, 2014 and is subject to customary closing conditions.
Starwood intends to use the net proceeds from the offering for general corporate purposes, which may include the repayment of commercial paper, repurchases of its common stock, or the payment of previously announced special dividends to stockholders.
The joint book-running managers for the offering are Citigroup and J...

Rent-A-Center, Inc. Declares Cash Dividend For The Fourth Quarter Of 2014 »

September 08, 2014 at 9:45AM PDT | Source: Rent-A-Center

18th Consecutive Cash Dividend
PLANO, Texas - September 08, 2014 - (BUSINESS WIRE) - Rent-A-Center, Inc. (the "Company") (NASDAQ/NGS: RCII), the nation's largest rent-to-own operator, today announced that its Board of Directors has declared a $0.23 per share cash dividend for the fourth quarter of 2014 to be paid to the Company's common stockholders. The dividend will be paid on October 23, 2014, to common stockholders of record as of the close of business on October 2, 2014.
About Rent-A-Center, Inc.
Rent-A-Center, Inc., headquartered in Plano, Texas, is the largest rent-to-own operator in North America, focused on improving the quality of life for its customers by providing them the opportunity to obtain ownership of high-quality, durable goods such as consumer electronics, appliances, computers, furniture and accessories, under flexible rental purchase agreements with no long-term obligation...

Good Times Sales Growth Continues »

September 05, 2014 at 10:10AM PDT | Source: Good Times

August Same Store Sales +12%, Two Year Increase of +30.7%
New Flavored Wings Coming for Fall
GOLDEN, Colo. - September 05, 2014 - (BUSINESS WIRE) - Good Times Restaurants Inc. (Nasdaq: GTIM), operator of Good Times Burgers & Frozen Custard, a regional quick-service restaurant chain focused on fresh, high-quality, all-natural products and a licensee of Bad Daddy's Burger Bar, a full-service, upscale concept today announced that same store sales for its Good Times Burgers and Frozen Custard concept increased 12% in August 2014 over the prior year's increase of 18.7%, representing a two-year increase of 30.7%, the eleventh consecutive month of two-year same store increases over 20%. The Company also said that September will be the last month for which it will report monthly same store sales results but that it plans to continue to report quarterly same store sales results...

El Pollo Loco Holdings, Inc. Announces Second Quarter 2014 Financial Results »

September 05, 2014 at 5:38AM PDT | Source: El Pollo Loco

COSTA MESA, Calif. - September 04, 2014 - (BUSINESS WIRE) - El Pollo Loco Holdings, Inc. (Nasdaq:LOCO) today announced financial results for its second quarter ended June 25, 2014.
Highlights for the second quarter ended June 25, 2014, compared to the second quarter ended June 26, 2013 were as follows:

Total revenue increased 6.3% to $86.9 million
System-wide comparable restaurant sales increased 5.4%, including a 5.0% increase for company-operated restaurants, and a 5.9% increase for franchised restaurants
Net income was $6.6 million, or $0.21 per diluted share, compared to $410,000, or $0.01 per diluted share
Pro forma net income(1) increased 10.0% to $6.1 million, or $0...

Swisher Announces Closing Of New $20 Million Revolving Credit Facility »

September 04, 2014 at 10:12AM PDT | Source: Swisher Hygiene

CHARLOTTE, N.C. - Sept. 2, 2014 (GLOBE NEWSWIRE) - Swisher Hygiene Inc. ("Swisher") (Nasdaq:SWSH), a leading service provider of essential hygiene and sanitizing solutions, announced today it has closed on a $20 million revolving credit facility with Siena Lending Group LLC. Interest on borrowings under the credit facility will accrue at the Base Rate plus 2.00%. Base Rate is defined as the greater of (1) the Prime Rate, (2) the Federal Funds Rate plus 0.50%, or (3) 3.25%. Interest will be payable monthly and the facility matures on August 29, 2017.
"As we continue to progress toward achieving positive operating cash flow and maximizing profitability, we are pleased to strengthen our financial position and liquidity through this new credit facility, providing us with additional flexibility to support our future growth," said William M...

Mattress Firm Announces Second Fiscal Quarter Financial Results »

September 04, 2014 at 6:42AM PDT | Source: Mattress Firm

Net Sales Increased 35.5%
Comparable-Store Sales Growth of 9.7% in Second Fiscal Quarter
Opened and Acquired 120 New Stores 
HOUSTON - September 04, 2014 - (BUSINESS WIRE) - Mattress Firm Holding Corp. (the "Company") (NASDAQ:MFRM) today announced its financial results for the second fiscal quarter (13 weeks) ended July 29, 2014. Net sales for the second fiscal quarter increased 35.5% to $410.0 million, reflecting comparable-store sales growth of 9.7% and incremental sales from new and acquired stores. The Company reported second fiscal quarter earnings per diluted share ("EPS") on a generally accepted accounting principles ("GAAP") basis of $0.41, and EPS on a non-GAAP adjusted basis, excluding acquisition-related costs, ERP system implementation costs and impairment and severance charges ("Adjusted"), of $0...

H&R Block Announces Fiscal 2015 First Quarter Results »

September 04, 2014 at 3:53AM PDT | Source: H&R Block

KANSAS CITY, MO - (Marketwired) - September 3, 2014 - H&R Block, Inc. (NYSE: HRB), the world's largest consumer tax services provider, today announced its financial results for the fiscal 2015 first quarter ended July 31, 2014. The company typically reports a first quarter operating loss due to the seasonality of its core U.S. tax business.
First Quarter 2015 Highlights1

Total revenues increased $6 million, or 5.0%, to $134 million
Net loss from continuing operations improved 4% to $109 million, or $0.40 per share2
Non-GAAP adjusted loss per share3;from continuing operations unchanged at $0.40

Revenues increased 5 percent, to $134 million, primarily due to a 5-day extension by the Canadian Revenue Agency of the completion of the Canadian tax season this year from April 30, our fiscal year end, to May 5...

Liberty Tax Service Announces Fiscal 2015 First Quarter Results »

August 28, 2014 at 5:21AM PDT | Source: Liberty Tax Service
Liberty Tax Service  Opportunities Available

VIRGINIA BEACH, VA - (Marketwired - Aug 28, 2014) - Liberty Tax, Inc. (NASDAQ: TAX) the parent company of Liberty Tax Service, today reported results for the first quarter ended July 31, 2014. Due to the seasonality of the business, the Company typically reports a loss in the first quarter when revenues are low and costs are ramping up to drive growth in the following season. The Company reported a net loss for the fiscal first quarter ended July 31, 2014, of $8.6 million, or $0.67 per share, compared to a net loss of $5.9 million, or $0.46 per share, in the prior year period. The Company reported an adjusted non-GAAP net loss of $0.63 per share compared to an adjusted non-GAAP net loss of $0.49 per share in the prior period.
"During our first quarter, we are primarily focused on expanding our office count, improving operations and preparing for the next tax season," said John Hewitt, CEO...

Junk Hauling Franchise Hits 33rd Straight Month Of Same-Unit Sales Growth »

August 26, 2014 at 7:45AM PDT | Source: College Hunks Hauling Junk

The Fast-Growing College Hunks Hauling Junk and Moving Franchise Has Seen a Steady Increase in Average Franchise Revenue
TAMPA, FL - (Marketwired - Aug 26, 2014) - College Hunks Hauling Junk and Moving is on a hot streak, with 33 straight months of average same-unit sales growth. The sales growth continues a long trend for the junk removal franchise, which saw its average franchise revenue climb 42.6% from 2011 to 2013.
"Tens of millions of Americans move every year, and when they move, they often need junk hauling, too. Since we offer junk hauling and moving, our franchisees have a lot of opportunities to serve customers," said co-founder and President Nick Friedman. "Our franchise has been able to grow rapidly by grabbing market share...



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