Franchise Industry Financial Reports

$5 Million Was Financed in 2011 to New and Existing Massage Envy Franchisees
February 09, 2012 // Franchising.com // SCOTTSDALE, Ariz. - Massage Envy, the pioneer and national leader of professional, convenient and affordable massage and spa services, announced today that new and existing Massage Envy franchisees have exclusive access to $15 million in development capital in 2012. The funding is available through a franchisee lending program agreement Massage Envy entered into with Franchise America Finance™ (FAF) and The Bancorp Bank, a wholly-owned subsidiary of The Bancorp, Inc. (NASDAQ: TBBK).
With this funding through FAF and The Bancorp Bank, Massage Envy has access to a total of $15 million for both new franchisee development, as well as existing franchisee expansion...

TULSA, Okla., Feb. 9, 2012 /PRNewswire/ -- Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced the completion of a $100 million forward stock repurchase agreement that was executed on November 3, 2011.  In conjunction with the agreement, the Company repurchased 1,451,193 shares of stock at an average price of approximately $68.91.  After giving effect to the share repurchase, the Company noted it now has approximately 28.1 million common shares outstanding.
"We are pleased to announce that we have returned $100 million to shareholders through the   share repurchase agreement that was announced during the fourth quarter of 2011," said Scott L. Thompson, Chairman, President and Chief Executive Officer...

KENOSHA, Wis.--(BUSINESS WIRE)--Feb. 8, 2012-- The Snap-on Incorporated (NYSE: SNA) board of directors declared today a quarterly common stock dividend of $0.34 per share payable March 9, 2012 to shareholders of record on February 24, 2012.
Snap-on has paid consecutive quarterly cash dividends, without interruption or reduction, since 1939.
About Snap-on
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks. Products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as for customers in industries, including aviation, aerospace, agriculture, construction, government and military, mining, natural resources and power generation...

Franchisees bullish on brand’s future.
LEXINGTON, Ky.--(BUSINESS WIRE)--Fazoli’s, America’s largest premium Italian quick-service restaurant chain, is off to a running start in 2012 with record same-store sales growth in January.
“It’s fantastic. If we can have the results we’re having in a down economy, we’re excited about what can happen when the economy really gets rolling”
Company units posted a 12.1 percent year-over-year increase, with franchisees reporting a 9.9 percent jump. It was Fazoli’s best January sales growth in its history.
This makes for the 19th straight month of sales improvement for franchised restaurants and the 18th continuous month for company locations...

MINNEAPOLIS--(BUSINESS WIRE)-- Buffalo Wild Wings, Inc. (NASDAQ: BWLD), announced today financial results for the fourth quarter ended December 25, 2011. Highlights for the fourth quarter versus the same period a year ago were:

Total revenue increased 34.5% to $220.5 million
Company-owned restaurant sales grew 36.4% to $202.9 million
Same-store sales increased 8.9% at company-owned restaurants and 5.9% at franchised restaurants
Net earnings increased 34.0% to $13.6 million from $10.2 million, and earnings per diluted share increased 32.7% to $0.73 from $0.55

Sally Smith, President and Chief Executive Officer, commented, "Our strong fourth quarter performance capped a tremendous year for Buffalo Wild Wings, which reflects the focused efforts and hard work of our franchisees and Team Members in providing sports fans with an outstanding guest experience...

Marks 10th Consecutive Year of at least 13% EPS Growth; China Opens a Record 656 New Units
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands Inc. (NYSE: YUM) today reported results for the fourth quarter ended December 31, 2011 including EPS of $0.75. Reported EPS for the full year was $2.74. Full year and fourth quarter results for Yum! Restaurants International (YRI) and the U.S. reflect the benefit of an additional week. This 53rd week did not impact China Division results.
FULL YEAR HIGHLIGHTS

Worldwide system sales grew 7%, prior to foreign currency translation, including 29% in China and 8% at YRI. System sales in the U.S. were even.
Same-store sales grew 19% in China, 3% at YRI and declined 1% in the U...

JERICHO, N.Y., Feb. 3, 2012 /PRNewswire/ -- Nathan's Famous, Inc. (NASDAQ: NATH) today reported results for the third quarter of its 2012 fiscal year that ended December 25, 2011.
For the fiscal quarter ended December 25, 2011:

Net income was $1,211,000 or $0.24 per diluted share as compared to net (loss) of $(153,000) or $(0.03) per diluted share for the thirteen weeks ended December 26, 2010;
Non-GAAP earnings after tax, which exclude the litigation expense items described below, increased by 17.8% to $1,284,000 as compared to $1,090,000 for the thirteen weeks ended December 26, 2010;
Non-GAAP earnings per share, which exclude the litigation expense items described below, increased by 25.0% to $0.25 per diluted share as compared to $0...

Fourth quarter diluted EPS of $1.27 up 28.3% year over year; Operating earnings of $125.9 million in the quarter up 29.9% from 2010 levels; Fourth-quarter sales of $736.6 million up 5.7% year over year
KENOSHA, Wis.--(BUSINESS WIRE)--Feb. 2, 2012-- Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced 2011 operating results for the fourth quarter and full year.

Sales of $736.6 million in the quarter increased $39.7 million, or 5.7%, from 2010 levels; excluding $1.5 million of unfavorable foreign currency translation, organic sales increased 5.9%.
Operating earnings before financial services of $103...

DENVER--(BUSINESS WIRE)--Feb. 1, 2012-- Chipotle Mexican Grill, Inc. (NYSE: CMG) today reported financial results for its fourth quarter and full year ended December 31, 2011.
Highlights for the fourth quarter of 2011 as compared to the fourth quarter of 2010 include:

Revenue increased 23.7% to $596.7 million
Comparable restaurant sales increased 11.1%
Restaurant level operating margin was 26.1%, an increase of 20 basis points
Food costs were 32.2% of sales, an increase of 120 basis points driven by higher commodity costs
Net income was $57.5 million, an increase of 23.7%
Diluted earnings per share was $1.81, an increase of 23.1%

Highlights for the twelve months ended December 31, 2011 as compared to the prior year include:

Revenue increased 23...

Chain to Create Nearly 7,000 Jobs through Restaurant and Sales Growth
ATLANTA, Feb. 6, 2012 /PRNewswire/ -- In continuing with its trend of strong sales performance, Chick-fil-A®, Inc. announces that it exceeded $4 billion in annual sales in 2011. A record for the Atlanta-based chain, annual system-wide sales at Chick-fil-A totaled $4,050,992,837, a 13.08 percent increase over the 2010 overall sales performance. The company also generated a healthy seven percent same-store sales increase and marked the 44th consecutive year of sales growth since the company began in 1967.
"Of all our years of sales growth, we are humbled and deeply grateful to our customers for making 2011 particularly exceptional," said Chick-fil-A President and Chief Operating Officer Dan T...

February 03, 2012 // Franchising.com // PARSIPPANY, N.J. - Realogy Corporation (the "Company") announced today that it successfully completed its previously announced private offering of $593 million aggregate principal amount of 7.625% Senior Secured First Lien Notes due 2020 (the "First Lien Notes") and $325 million aggregate principal amount of 9.000% Senior Secured Notes due 2020 (the "New First and a Half Lien Notes" and, together with the First Lien Notes, the "Notes"), which was exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").
Each series of Notes is guaranteed on a senior secured basis by Domus Intermediate Holdings Corp., the Company's parent, and each domestic subsidiary of the Company that is a guarantor under its senior secured credit facility and certain of its outstanding securities...

Company Guides Q4 Earnings Per Share of $0.41 to $0.42, Above Consensus of $0.35.
SAN FRANCISCO--(BUSINESS WIRE)--Gap Inc. (NYSE: GPS) today reported that January 2012 net sales decreased 1 percent compared with last year.
“As we transition to a new year, our teams are focused on making the necessary steps to improve our business performance in 2012.”
Net sales for the four-week period ended January 28, 2012 were $833 million compared with net sales of $843 million for the four-week period ended January 29, 2011. The company’s comparable sales for January 2012, which include the associated comparable online sales, were down 4 percent compared with a 3 percent increase for January 2011.
In addition, the company reported that net sales for the fourth quarter of fiscal year 2011, which ended January 28, 2012, decreased 2 percent to $4...

Premium Dessert Destination Franchise Introduces Capital Improvement Program in 2012
January 31, 2012 // Franchising.com // RICHARDSON, Texas – As optimism of small business growth continues to rise, entrepreneurs nationwide are still struggling to receive financing. Nestlé Toll House Café by Chip, a premium dessert destination franchise built upon the world's largest and most trusted food brand, is poised to take a major step to ensure new and existing franchisees are able to take a bite out of the brand’s two new franchisor funding programs, Capital Improvement Program (CIP) and Café Conversion Initiative (CCI), which totals up to $500,000 of available funds for new and existing franchisees.
Through CCI, qualified and experienced food service operators looking to integrate the Nestlé Toll House Café by Chip brand into their existing quick-service location can participate in the new financing program, which allows new self-operators to add a café to their currently operating business as a co-branded partnership...

DEERFIELD, IL, Jan 26, 2012 (MARKETWIRE via COMTEX) --Cosi, Inc. (NASDAQ: COSI), the premium convenience restaurant company, today reported that total revenues for the 2011 fourth quarter increased by $838,000 to $26,193,000 compared to $25,355,000 for the 2010 fourth quarter. The 2011 fourth quarter included one extra week of revenues versus the 2010 fourth quarter.
System-wide comparable restaurant sales, which assume a 52 week year as measured for restaurants in operation for more than 15 months, recorded an aggregate 2.6% increase compared to the fourth quarter of 2010. The breakdown in comparable sales between Company-owned and franchise-operated restaurants are as follows:
For the 13 weeks ended
December 26, 2011
------------------------
Company-owned 0...

January 30, 2012 // Franchising.com // Toronto, ON - 2011 was a record-setting year for Liquid Capital, which saw a dramatic increase in factoring volume in both its U.S. and Canadian markets. The only full-service factoring company in the franchising industry, Liquid Capital grew by 45 percent in the U.S. from 2010 to 2011, and saw an increase of 20 percent in Canada, following a trend that started in 2009 with a 30 percent year-to-year increase in volume.
The spike in factoring volume can be attributed to businesses increasingly being turned down for bank loans and turning to factoring as an alternative to traditional loans. Factoring provides businesses across an array of industries with immediate financing secured by credit-worthy account receivables...

OAK BROOK, Ill., Jan. 26, 2012 /PRNewswire-FirstCall/ -- Today, McDonald's Board of Directors declared a quarterly cash dividend of $0.70 per share of common stock payable on March 15, 2012 to shareholders of record at the close of business on March 1, 2012.
Upcoming Communications
McDonald's plans to release January 2012 sales information on February 8, 2012.
McDonald's is the world's leading global foodservice retailer with more than 33,000 locations serving nearly 68 million customers in 119 countries each day. More than 80% of McDonald's restaurants worldwide are owned and operated by independent local men and women.
SOURCE McDonald's Corporation
Contacts:
Investors: Kathy Martin +1-630-623-7833 or Media:Heidi Barker +1-630-623-3791 both for McDonald's Corporation

2Q12 GAAP net loss of $57.4 million; GAAP diluted loss per share of $1.01
2Q12 operational diluted earnings per share of $0.32 up 24.8% from $0.25 in 2Q11

MINNEAPOLIS--(BUSINESS WIRE)--Regis Corporation (NYSE:RGS), the global leader in the $160 billion haircare industry, today reported a second quarter net loss of $1.01 per share. These results include non-operational after-tax items of $77.0 million primarily related to the non-cash write-down of goodwill in its Hair Restoration Centers segment. Absent non-operational items, second quarter operational earnings increased to $0.32 per diluted share.
Randy L. Pearce, President, commented, "Our second quarter operational earnings of $0.32 per share were the result of Regis' commitment to improving financial performance while continuing to develop and implement our strategy to drive new traffic and increase customer retention rates by enhancing the salon experience...

Company reports revenues increased in all three of its business segments with total revenue for the quarter reaching $239.8 million led by 10.3 percent growth in its 1-800-FLOWERS.COM Consumer Floral brand.
EBITDA* from continuing operations increased 13.1 percent to $33.3 million compared with $29.5 million in the prior year period. Excluding stock-based compensation, EBITDA for the quarter was $34.5 million compared with $30.6 million in the prior year period. The Company defines EBITDA as Earnings Before Interest, Taxes, Depreciation and Amortization. A reconciliation of Net Income to EBITDA is included as part of the tables attached to the end of this release.
EPS* from continuing operations increased 25 percent to $0...

DALLAS, Jan. 24, 2012 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) today announced results for the fiscal second quarter ended Dec. 28, 2011.
Highlights for the second quarter of fiscal 2012 include the following:

Earnings per diluted share, before special items, increased 23.7 percent to $0.47 compared to $0.38 for the second quarter of fiscal 2011 (see non-GAAP reconciliation below)
On a GAAP basis, earnings per diluted share increased 7.3 percent to $0.44 from $0.41 in the second quarter of the prior year
Total revenues increased 1.5 percent to $681.9 million
Restaurant operating margin(1) improved 50 basis points to 17.9 percent compared to the second quarter of fiscal 2011
Chili's comparable restaurant sales increased 1...

OAK BROOK, Ill., Jan. 24, 2012 /PRNewswire-FirstCall/ -- McDonald's Corporation (NYSE: MCD) today announced strong results for the fourth quarter and year ended December 31, 2011, fueled by broad-based growth across all areas of the world. The Company posted higher revenues, operating income and earnings per share compared with the prior year.
"During 2011, McDonald's continued momentum drove higher profitability and market share gains as we fortified our leadership position around the world," said McDonald's Chief Executive Officer Jim Skinner. "The ongoing strength of McDonald's results is rooted in our Plan to Win with a relentless focus on what matters most to our customers. We are enhancing the customer experience - from our menu and service to our value and convenience - while giving more people more reasons to visit McDonald's more often...