Franchise Industry Financial Reports

Delay in Filing Related to Possible Restatements of First, Second and Third Quarter 2011 Results
CHARLOTTE, N.C., March 28, 2012 (GLOBE NEWSWIRE) -- Swisher Hygiene Inc. ("Swisher Hygiene") (Nasdaq:SWSH) (TSX:SWI), a leading provider of essential hygiene and sanitation products and services, today announced that it will file a Form 12b-25, Notification of Late Filing, with the Securities and Exchange Commission with respect to its Form 10-K, which allows the Company an additional 15 calendar days to file the Form 10-K which is otherwise due on March 30, 2012.
The delay in filing is due to an ongoing internal review by Swisher Hygiene's Audit Committee primarily relating to possible adjustments to (1) the accounting for business acquisitions and (2) the calculation of the allowance of doubtful accounts receivable...

CANTON, Mass., March 30, 2012 /PRNewswire/ -- Dunkin' Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin' Donuts and Baskin-Robbins, today announced the pricing of an upsized public offering by certain of its stockholders of 26.4 million shares of its common stock at a price of $29.50 per share. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 3.96 million shares from certain of the selling stockholders.
The selling stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company.
The offering is being made through an underwriting group led by J.P. Morgan Securities LLC, Barclays Capital Inc., Morgan Stanley & Co. LLC, and BofA Merrill Lynch...

Over 350% growth in franchise revenue; 130% increase in store growth for the year
HENDERSON, Nev., March 29, 2012 /PRNewswire/ -- U-Swirl, Inc. (OTCQB: SWRL), parent to U-SWIRL International, Inc., the owner and franchisor of U-SWIRL Frozen Yogurt® cafes, announces its financial results for the year ended December 31, 2011.
Financial Highlights For Year Ended December 31, 2011 Compared to Year Ended December 31, 2010:

Total revenues rose to $2,637,127 from $2,610,208.
Over 350% growth in franchise revenue which rose to $295,100 from $64,170.
Net change in cash used for operations decreased $99,563 or 38% from previous year!
Decrease in operating loss of $64,274 or 9% from previous year.
As of December 31, 2011, there were a total of  twenty three (23) U-Swirl cafes in operation, an increase of 13 cafes or 130% for the year...

SPOKANE, Wash., March 28, 2012 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH), a western U.S. based owner and franchisor of midscale hotels, today announced that its board of directors has authorized Bank of America Merrill Lynch to explore strategic alternatives to maximize shareholder value, including a potential sale of the company or a strategic combination with a third party. The board has formed a Strategic Alternatives Committee comprising independent directors Ryland P. (Skip) Davis, Melvin L. Keating and Ronald Taylor. This Committee will work with Bank of America Merrill Lynch in its review.
"The Red Lion Hotels board of directors and management team are committed to maximizing shareholder value," said Jon E. Eliassen, President and Chief Executive Officer of Red Lion Hotels Corporation...

PALM BEACH GARDENS, Fla. & ITASCA, Ill.--(BUSINESS WIRE)--Mar. 28, 2012-- TBC Corporation and Midas, Inc. (NYSE: MDS) today announced that TBC Corporation has commenced the previously announced tender offer for all of the outstanding shares of common stock of Midas at a price of $11.50 per share, net to the seller in cash without interest. The tender offer is being conducted by TBC through its wholly owned subsidiary Gearshift Merger Corp.
On March 13, 2012, TBC and Midas announced that they had entered into a definitive merger agreement pursuant to which the tender offer would be made. Pursuant to the merger agreement, after completion of the tender offer and the satisfaction or waiver of certain conditions, Midas will merge with Gearshift Merger Corp...

Fast Casual Seafood Chain’s 527 Restaurants also established a new weekly sales record in February.
Nashville, TN (PRWEB) March 28, 2012 - Building upon its brand rejuvenation strategy which includes breakthrough marketing and product development, growing customer satisfaction, and heightened operational execution, the Captain D’s team has built a fast moving ship that capped off the First Quarter of 2012 with an 8.5 percent same store sales increase in company restaurants and a 7.7 percent same-store sales increase in franchised restaurants.
Equally impressive for the fast casual seafood chain that operates and franchises 527 restaurants in 25 states is the fact that both company and franchised restaurants each established new weekly sales records during February...

Fiscal 2013 Operating Cash Flow Projected at $39-$43 Million
Free Cash Flow Projected at $17-$21 Million
WINSTON-SALEM, N.C., March 28, 2012 /PRNewswire/ -- The Board of Directors of Krispy Kreme Doughnuts, Inc. (NYSE: KKD) has approved a share repurchase program of up to $20 million, effective immediately. This program is intended to be implemented through purchases made from time to time either in the open market or through private transactions, in accordance with United States Securities and Exchange Commission requirements. As of March 28, 2012, the Company had approximately 68 million shares outstanding.
"This share repurchase authorization is an indication of Krispy Kreme's financial strength as well as our positive outlook for the future," commented James H...

NEW YORK, March 28, 2012 /PRNewswire/ -- Weight Watchers International, Inc. (NYSE: WTW) today announced the final results of its "modified Dutch auction" tender offer for up to $720.0 million in value of its common stock, which expired at 12:00 midnight, New York City time, on Thursday, March 22, 2012. In accordance with the terms and conditions of the tender offer, the Company has accepted for purchase an aggregate of 8,780,485 shares of its common stock at a purchase price of $82.00 per share, for an aggregate cost of approximately $720.0 million. These shares represent approximately 11.9% of the Company's outstanding shares of common stock as of February 13, 2012.
Based on the final count by the depositary for the tender offer, an aggregate of 9,038,999 shares of the Company's common stock were properly tendered and not properly withdrawn at or below a purchase price of $82...

MIAMI, March 26, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ: BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, today announced that the Board of Directors has authorized and declared a dividend in the amount of $0.08 per Common Share. The dividend is payable in cash on April 23, 2012 to stockholders of record at the close of business on April 6, 2012.
The Company currently intends payment of regular quarterly dividends; however, the actual declaration of such future dividends and the establishment of the per share amount, record dates and payment dates for such future dividends are subject to the final determination of the Company's Board, and will be dependent upon future earnings, cash flows, financial requirements and other factors...

Aggressive kick-off planned for Papa Bello Enterprises under management leadership of Jim Wheeler and the strong executive team.
CORONA, Calif., March 22, 2012 /PRNewswire/ -- Papa Bello Enterprises (Pink Sheets: PAPA) is kicking off an aggressive re-launch with this letter to shareholders from CEO Jim Wheeler.
"To all of my colleagues and investors: When we acquired control of Papa Bello Enterprises, we had a goal in mind. That goal was to launch a number of organizations that would move the needle across the food, marketing and advertising industries. Our goal is to create a better distribution model, sales process, healthier lifestyle, and allow consumers to customize their shopping experience, while improving sales for partner companies...

NEW YORK, March 23, 2012 /PRNewswire/ -- Weight Watchers International, Inc. (NYSE: WTW) today announced the preliminary results of its "modified Dutch auction" tender offer for up to $720.0 million in value of its common stock, which expired at 12:00 midnight, New York City time, on Thursday, March 22, 2012. Based upon preliminary results, the Company expects to accept for payment an aggregate of 8,780,487 shares of its common stock at a purchase price of $82.00 per share, for an aggregate cost of approximately $720.0 million. These shares represent approximately 11.9% of the Company's outstanding shares of common stock as of February 13, 2012.
The Company has been informed by the depositary for the tender offer that the preliminary proration factor for the tender offer is approximately 99...

March 22, 2012 // Franchising.com // PARSIPPANY, N.J. -- Realogy Corporation announced today that the post-effective amendment to update its previously filed shelf registration statement, which it had filed with the Securities and Exchange Commission on behalf of the selling securityholders named in the shelf registration statement, was declared effective by the SEC on March 21, 2012. The shelf registration statement registers for resale by the selling securityholders the Company's Convertible Senior Subordinated Notes due 2018 and the shares of common stock of Domus Holdings Corp., the Company's indirect parent, that may be issued upon conversion of the Convertible Notes. The post-effective amendment to the shelf registration statement includes updated financial and other information set forth in the Company's Form 10-K for the year ended December 31, 2011, including its audited financial statements for the year ended December 31, 2011...

The USA operation of the International brand ‘Aussie Pet Mobile’ has filed for Voluntary Chapter 11 Reorganization. With no plans to put the brakes on, the mobile pet groomers will continue to strengthen their operations at the franchise level throughout 2012 across the USA.
Aliso Viejo, California (PRWEB) March 19, 2012 - The USA operation of the International brand ‘Aussie Pet Mobile’ has filed for Voluntary Chapter 11 Reorganization. With no plans to put the brakes on, the mobile pet groomers will continue to strengthen their operations at the franchise level throughout 2012 across the USA.
Ian Moses, Founder and CEO of Aussie Pet Mobile Inc said, “This was a difficult decision, but it is the necessary and right path for us to take – and take now – to become a more efficient, financially stronger, and competitive business within our United States operation...

PITTSBURGH, March 19, 2012 /PRNewswire/ -- GNC Holdings, Inc. (NYSE: "GNC") (the "Company"), a leading global specialty retailer of health and wellness products, today announced the closing of the offering of 17.0 million shares of its Class A common stock sold exclusively by participating selling stockholders at a public offering price of $33.50 per share. The Company neither issued nor sold any shares in the offering.
In addition, the participating selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 2.55 million shares.
J.P. Morgan Securities LLC and Goldman, Sachs & Co., along with Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC, are acting as joint bookrunners for the offering, and Barclays Capital Inc...

CANTON, Mass., March 16, 2012 /PRNewswire/ -- Dunkin' Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin' Donuts (DD) and Baskin-Robbins (BR), today announced that certain of its stockholders intend to offer for sale in a secondary offering, subject to market and other conditions, 22 million shares of its common stock pursuant to a registration statement to be filed with the Securities and Exchange Commission. In addition, the underwriters will have an option to purchase up to an additional 3.3 million shares from the selling stockholders.
The selling stockholders will receive all of the proceeds from this offering. No shares are being sold by the Company. Dunkin' Brands Group, Inc. expects the offering to be completed in the second quarter of 2012...

ANN ARBOR, Mich., March 16, 2012 /PRNewswire/ -- Domino's Pizza, Inc. (NYSE: DPZ), the recognized world leader in pizza delivery, announced today that it has completed its recapitalization as planned, with the placement by certain of its subsidiaries of a $1.675 billion securitized debt facility and a declaration by its Board of Directors of a $3 per share special dividend. The new securitized debt facility replaces the April 2007 securitized debt facility.
J. Patrick Doyle, Domino's President and Chief Executive Officer, said: "The fact that we will be paying less in interest, along with the stability of a fixed interest rate over the next seven years, and the flexibility of an available revolver, gives us the ability to invest in the business and reward shareholders...

NEW YORK, March 15, 2012 /PRNewswire/ -- Weight Watchers International, Inc. (NYSE: WTW) today announced that it has completed an amendment to its existing credit facilities to increase its borrowing capacity up to an additional $1.45 billion to finance the share purchases in its pending tender offer and the previously announced related share repurchase from Artal Sp. z o.o., Succursale de Luxembourg, the Company's majority shareholder. The Company also obtained an extension of the maturities of its revolving credit facility and a portion of its previously existing term loan facility in connection with the credit facilities amendment. The Company will be filing an amendment to its previously announced "modified Dutch auction" tender offer for up to $720...

NEW YORK, March 15, 2012 /PRNewswire/ -- Weight Watchers International, Inc. (NYSE: WTW) today announced that its Board of Directors declared its quarterly cash dividend of $0.175 per share of common stock, which corresponds to an annual dividend rate of $0.70 per share. This quarterly dividend will be payable on April 30, 2012 to shareholders of record at the close of business on April 23, 2012.
The Company has typically issued a quarterly cash dividend to shareholders of record at the end of each fiscal quarter. The Board has selected the current record date to allow for the completion of its previously announced "modified Dutch auction" tender offer for up to $720,000,000 of its common stock and related share repurchase from Artal Sp...

PITTSBURGH, March 13, 2012 /PRNewswire/ -- GNC Holdings, Inc. (NYSE: "GNC") (the "Company"), a leading global specialty retailer of health and wellness products, today announced the pricing of the offering of 17.0 million shares of its Class A common stock to be sold exclusively by participating selling stockholders at a public offering price of $33.50 per share.
In addition, the participating selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 2.55 million shares. The Company is neither issuing nor selling any shares in the offering. The offering is expected to close on March 19, 2012, subject to customary closing conditions.
J.P. Morgan Securities LLC and Goldman, Sachs & Co...

MIAMI, March 13, 2012 /PRNewswire/ -- Benihana Inc. (NASDAQ GS: BNHN), operator of the nation's largest chain of Japanese theme and sushi restaurants, announced today that its Board of Directors is exploring strategic alternatives available to the Company, including a possible sale, in order to maximize shareholder value. The Company stated that no decision has been made to engage in a transaction or transactions resulting from the Board's exploration of strategic alternatives, and there can be no assurance that any transaction will occur or, if undertaken, the terms or timing thereof.
Richard C. Stockinger, Chairman, President and Chief Executive Officer, said: "The Board of Directors is enthused about the Company's strong track record of financial and operational performance, and the strides we have made over the past year...