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.
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GREENWOOD VILLAGE, Colo. - May 21, 2013 - (BUSINESS WIRE) - Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB), a casual dining restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the 16 weeks ended April 21, 2013.
Fiscal First Quarter 2013 Financial Highlights:
Earnings per diluted share were $0.66, compared to fiscal first quarter 2012 earnings per diluted share of $0.71.
Total revenues increased 2.3% to $306.3 million; Company-owned comparable restaurant revenues increased 2.2% compared to the same period a year ago.
Restaurant-level operating profit margin increased to 21.5% from 21.2% (See Schedule I).
Net income for the 16 weeks ended April 21, 2013, was $9... |
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Shift to year-round sales, new products, prototype and franchise incentives to fuel growth
NRA Show 2013
CHICAGO - May 21, 2013 - (BUSINESS WIRE) - Frozen treat chain Bruster's Real Ice Cream is debuting a new, five-point strategy to reignite growth and attract new franchisees. Introduced at the National Restaurant Association Show, the revitalization plan includes a new, four-seasons sales approach with innovative new products, a new building design and the introduction of “treat theater” exhibition-style service.
Bruster’s, which turns 25 next year, also has revamped its business and franchise model, dramatically reducing investment and operational costs. “Bruster’s was one of the early premium treat players, and consumers continue to love our ice cream and other specialties,” said Chief Executive Jim Sahene... |
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How Much Can You Make as a Chem-Dry Owner? New FDD Shows Revenue per Carpet Cleaning Franchise Growing
NASHVILLE, TN - (Marketwired - May 21, 2013) - How much can you make as a Chem-Dry carpet cleaning franchise owner? To answer that question, Chem-Dry recently surveyed its American franchise owners. 211 franchise owners owning 475 Chem-Dry business franchises responded, providing an overall revenue picture. The results: The average revenue per franchise was $111,184 in 2012, up $11,938 (12%) from our previous survey in 2011. And since many Chem-Dry owners operate more than one unit, average revenue per owner was slightly more than a quarter million dollars, $250,297 in 2012 vs. $246,718 in 2011.
Not bad for a franchise that can be started with as little as $9,995 down... |
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LOUISVILLE, Ky. - (BUSINESS WIRE) - May. 17, 2013 - On May 16, 2013, Texas Roadhouse, Inc.'s (Nasdaq: TXRH) Board of Directors authorized the payment of a cash dividend of $0.12 per share of common stock. This payment will be distributed on June 28, 2013, to shareholders of record at the close of business on June 12, 2013.
About Texas Roadhouse
Texas Roadhouse is a casual dining concept that first opened in 1993 and today operates over 395 restaurants system-wide in 47 states and two foreign countries. For more information, please visit the Company's Web site at www.texasroadhouse.com.
Forward-looking Statements
Certain statements in this release that are not historical facts, including, without limitation, those relating to our anticipated financial performance, are forward-looking statements that involve risks and uncertainties... |
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SAN DIEGO - May 16, 2013 - (BUSINESS WIRE) - Jack in the Box Inc. (NASDAQ: JACK) today reported earnings from continuing operations of $13.4 million, or $0.30 per diluted share, for the second quarter ended April 14, 2013, compared with earnings from continuing operations of $21.6 million, or $0.48 per diluted share, for the second quarter of fiscal 2012.
Operating earnings per share, a non-GAAP measure which the company defines as diluted earnings per share from continuing operations on a GAAP basis excluding restructuring charges and gains or losses from refranchising, were $0.33 per share in the second quarter of fiscal 2013 compared with $0.30 per share in the prior year quarter.
During the second quarter of fiscal 2013, the company recognized a pre-tax loss of $2... |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 15, 2013) - The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) is pleased to announce that all of the nominees listed in its information circular dated April 2, 2013 were elected as trustees of the Trust at its annual meeting of unitholders held on May 14, 2013 (the "Meeting"). The results of the voting for each nominee are as follows:
Votes For
Votes Withheld
Nominee
No.
%
No.
%
George Killy
2,934,504
99.81%
5,470
0.19%
George Murray Tidball
2,934,374
99.81%
5,600
0.19%
Christopher Charles Woodward
2,937,374
99... |
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Franchisor of Seven Service-based Brands Announces the Addition of 69 New Franchise Locations
Waco, Texas (PRWEB) May 15, 2013 - The Dwyer Group, a franchisor of seven service-based franchise brands, including Aire Serv®, Glass Doctor®, The Grounds Guys®, Mr. Appliance®, Mr. Electric®, Mr. Rooter® and Rainbow International®, closed out the first quarter of 2013 by breaking a record in franchise sales revenue with a gain of six percent over the previous record.
“For The Dwyer Group, 2013 has already been very productive as it relates to franchise growth," said Doug Dixon, vice-president of marketing and operations for The Dwyer Group Franchise Development division. “While this is only the first step toward attaining our growth goals as an organization this year, we are encouraged and proud to have achieved this record output to-date... |
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CHICAGO - May 15, 2013 - (BUSINESS WIRE) - Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today announced the expiration and final results of its previously announced cash tender offer (the “Tender Offer”) to purchase any and all of its $250,000,000 aggregate principal amount outstanding of 6.875% Senior Notes due 2019 (CUSIP Nos. 448579 AB8 and U44845 AB8) (the “Notes”). The terms and conditions of the Tender Offer were described in an offer to purchase, dated April 25, 2013 (the “Offer to Purchase”), and a related Letter of Transmittal. Acceptance by the Company of any Notes tendered was subject to the terms and the conditions set forth in the Offer to Purchase.
As of 5:00 p... |
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Board Declares a Second Quarter 2013 Dividend of $0.75 Per Share of Common Stock
GLENDALE, Calif. - May 15, 2013 - (BUSINESS WIRE) - DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar® and IHOP® restaurants, announced that its Board of Directors today declared a second quarter cash dividend of $0.75 per share of common stock. The dividend will be payable on June 28, 2013 to the Company’s shareholders of record as of the close of business on June 14, 2013.
“The declaration of the second quarter cash dividend demonstrates our commitment to returning cash to our shareholders. Today’s announcement underscores our solid fundamentals, strong free cash flow, and less capital intensive business model,” said Julia A... |
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 - First-quarter operating revenue decreased 7.1% to $608 million
- First-quarter operating income decreased 63.2% to $20 million
- First-quarter operating performance decreased 35.0% to $65 million
- In the first quarter of 2013, extended maturity date of $1.2 billion under Term Facility from 2014 to 2017
- As of March 31, 2013, $447.7 million of capacity remained available under the revolving credit facility
MEMPHIS, Tenn. - May 14, 2013 /PRNewswire/ - The ServiceMaster Company, one of the world's largest residential service networks, today announced preliminary unaudited first-quarter 2013 results, including operating revenue of $608 million, a decline of 7.1 percent compared to the same period in 2012. The company reported first-quarter 2013 operating income of $20 million, a decline of 63... |
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Company Achieves Record Net Revenue for Second Consecutive Quarter
Net Income Increases 267% Sequentially
BEIJING, May 13, 2013 /PRNewswire-FirstCall/ -- IFM Investments Limited (NYSE: CTC) ("Century 21 China Real Estate" or the "Company"), a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China, today announced its unaudited financial results for the first quarter ended March 31, 2013.
First Quarter 2013 Highlights [1]
Consolidated net revenue in the first quarter of 2013 was a record high of RMB259.3 million (US$41.8 million), an increase of 14.3% from the fourth quarter of 2012, and an increase of 98.7% from the first quarter of 2012... |
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Five Stand-Alone Take-n-Bake Locations Open with Three Additional Locations to Open in May
Grocery Take-n-Bake Program Continues to Expand with Approximately 1,550 Grocery License Agreements
16 New Non-Traditional Franchise Agreements Signed Thus Far in 2013
INDIANAPOLIS - May 9, 2013 /PRNewswire/ - Noble Roman's, Inc. (OTC/BB: NROM), the Indianapolis based franchisor and licensor of Noble Roman's Pizza and Tuscano's Italian Style Subs, today announced results for the quarterly period ended March 31, 2013.
First Quarter 2013 Financial and Operational Highlights Compared to First Quarter 2012
Total revenue was $1.89 million, up 15.5% compared to $1.64 million.
Upfront franchisee fees and commissions were $123,000, up 46... |
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VANCOUVER, BRITISH COLUMBIA - (Marketwired - May 9, 2013) - The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today announced that its May 2013 distribution of $0.08 cents per unit has been declared and is payable to unitholders of record as at May 21, 2013. The May 2013 distribution will be paid on May 31, 2013.
The Fund is a limited purpose, open-ended trust established under the laws of Ontario. The Fund indirectly owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. ("KRL") in its Keg Steakhouses & Bars. In exchange for the use of those trademarks, KRL pays the Fund a royalty equal to 4% of the sales of all Keg restaurants in the royalty pool.
Vancouver-based Keg Restaurants Ltd... |
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 VIRGINIA BEACH, VA - (Marketwired - May 9, 2013) - JTH Holding, Inc. (NASDAQ: TAX), parent company of Liberty Tax Service, announced today that it prepared 1.74 million U.S. tax returns in its offices during the 2013 tax season through April 17, versus 1.72 million during the same period in the 2012 tax season. Additionally, the company processed 151,000 returns online, a 43.8% increase over the 2012 tax season. Overall, the Company served 3.3% more customers this tax season than last tax season.
The 2013 tax season was challenging for both consumers and companies in the tax industry. A number of one-time events contributed to the extraordinary amount of change and confusion experienced this year. These events included the impact from the fiscal cliff legislation, which not only delayed the start of the tax season, but also resulted in an inability to file a number of forms even later into the season, the majority of states converting to modernized efiling for the first time, and changes the IRS implemented with regard to the Earned Income Tax Credit... |
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Same store sales growth of 3.2% for the first quarter. Subsequent to the Period Boston Pizza opens its 350th location in Canada.
VANCOUVER, BRITISH COLUMBIA - (Marketwired - May 9, 2013) - Boston Pizza Royalties Income Fund (TSX:BPF.UN) and Boston Pizza International Inc. -
Highlights
Highest ever quarterly Franchise Sales1 from royalty pool restaurants of $186.3 million.
Same store sales growth of 3.2% for the Period rolling on the very strong 7.5% SSSG for the same period in 2012.
Distributable Cash2 and Distributable Cash2 per Unit both increase for the Period versus the same period in 2012.
Distribution increase announced during the Period of 4.1% effective for the February 2013 distribution paid in March 2013... |
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Company Exceeds Revenue & Earnings per Share Guidance; First Quarter Revenue Increased 8% to $96 Million and Earnings per Diluted Share Increased 48% to $0.43
OWINGS MILLS, Md. - May 8, 2013 /PRNewswire/ - Medifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven, portion-controlled weight-loss products and programs, today reported financial results for the first quarter ended March 31, 2013.
"Our ongoing efforts to execute on our strategic goals enabled us to generate results ahead of our expectations with first quarter earnings per share 48% higher than the prior year period," commented Michael C. MacDonald, Medifast's Chairman and Chief Executive Officer. "For the remainder of 2013, we remain optimistic that our profitable growth will continue as we increase consumer reach and grow Medifast's brand awareness... |
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DALLAS - May 8, 2013 /PRNewswire/ - Brinker International, Inc. (NYSE: EAT) today announced it has priced $550 million of Notes, consisting of two tranches, $250 million due 2018 and $300 million due 2023.
The 2018 Notes will pay interest at 2.600% and mature on May 15, 2018. The 2023 Notes will pay interest at 3.875% and mature on May 15, 2023.
The Company intends to use the net proceeds from the transaction to redeem its outstanding notes due 2014, repay a portion of the outstanding balance of its revolving credit facility and for general corporate purposes, including possible repurchases of common stock under Brinker's existing share repurchase program.
The redemption of the notes due 2014 will result in a loss of approximately $16 million before taxes and will negatively impact fiscal 2013 fourth quarter diluted earnings per share by approximately $0... |
May 09, 2013 at 4:28AM PDT | Source: Cosi |
May 09, 2013 // Franchising.com // DEERFIELD, Ill. - Così, Inc. (Nasdaq: COSI), the fast-casual restaurant company, today announced a 1-for-4 reverse split of its common stock. The reverse stock split will become effective at 8 am Eastern Time on May 9, 2013, and Cosi's common stock will begin trading on The Nasdaq Global Market on a split-adjusted basis when the market opens on May 9, 2013. Following the reverse stock split, the common stock will continue to be reported on the Nasdaq Global Market under the symbol "COSI," and the new CUSIP number for the common stock will be 22122P200.
The reverse stock split was approved by Cosi's stockholders at the annual meeting held on May 8, 2013 and the Board of Directors was authorized to implement a reverse stock split and determine the ratio of the split within a range of not less than 1-for-2 or greater than 1-for-20... |
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Global foodservices and beverage leader Marc Caira appointed new President and CEO
New products performing well; first quarter sales constrained by weather and challenging industry conditions
(Unaudited. All amounts in Canadian dollars and presented in accordance with U.S. GAAP.)
Financial & Sales Highlights
Performance
Q1 2013
Q1 2012
%Year-over- Year Change
Total revenues
$ 731.5
$ 721.3
1.4%
Operating income
$ 127.9
$ 131.6
(2.8)%
Adjusted operating income (1)
$ 137... |
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SPOKANE, Wash. - May 7, 2013 /PRNewswire/ - Red Lion Hotels Corporation (NYSE: RLH), a western U.S. based owner and franchisor of midscale hotels, today announced its results for the first quarter 2013.
Highlights:
ADR for comparable owned and leased hotels increased 3.7 percent year over year
RevPAR for comparable owned and leased hotels increased 1.3 percent year over year
Signed agreements for three franchise hotels during the quarter and two hotels subsequent to quarter end
Sold the Red Lion Hotel Pendleton and the Kalispell Center Mall subsequent to quarter end, using part of the proceeds to pay down $8.8 million in debt
Comparable operating results and data from continuing operations (as disclosed in the table by the same title) for the periods included in this release exclude from hotel operations the results of the Red Lion Inn Missoula, Montana, which was sold in the first quarter of 2013, the Red Lion Colonial Hotel in Helena, Montana, which was sold in the third quarter of 2012, and the Red Lion Hotel Denver Southeast, which was sold in the fourth quarter of 2012... |
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