News on Full Service Restaurants

Burger King says weather hurt Q3, but trends better

2010-03-09T08:45:39Z

<div><p>LOS ANGELES (Reuters) - Burger King Holdings Inc <BKC.N> expects lower fiscal third-quarter revenue and restaurant margins in the U.S. and Canada as bad weather in the central and eastern McDonald's key sales figure climbs in Feb. as customers seek out value-priced food items</div><div><p>Strong overseas growth for McDonald's Corp. in February outweighed U.S. sales that barely nudged upward as the world's largest fast-food chain posted a 4.8 percent increase in sales at restaurants open at least a year.<...

McDonalds Sales

2010-03-08T08:30:44Z

In this photo made on Dec. 29, 2009 the McDonald's iconic Big Mac sandwich is displayed in front of one of the drinks served in a McDonald's restaurant in North Huntinton, Pa. McDonald's Corp. said Monday, March 8, 2010, that sales at restaurants open at least a year climbed 4.8 percent in February on strong overseas growth and a small rise in U.S. sales.(AP Photo...

Morton's reports losses, but outlooks boost shares

2010-03-04T13:00:47Z

<div id="subtitle">Morton's Restaurant Group shares rises as its outlooks for 1Q, full year top analysts'</div><div><p>Shares of Morton's Restaurant Group Inc. climbed Thursday after the restaurant operator forecast better profit for its fiscal first quarter and full year than analysts expected.</p><p>Morton's said late Wednesday that it anticipates earning 25 cents to ...

Yum Brands profit edges up in 4Q

2010-02-22T12:11:14Z

<div id="subtitle">Yum Brands 4th-qtr profit edges up as sales grow overseas offsetting drop in US</div><div><p>Riding strong overseas growth, especially in China, restaurant operator Yum Brands Inc. posted a 6 percent gain in fourth-quarter profit Wednesday, making up for lower U.S....

AFC Enterprises key 4Q sales figure declines

2010-02-22T22:16:48Z

<div id="subtitle">AFC Enterprises key 4th-quarter sales figure dips less than prior-year period results</div><div><p>AFC Enterprises Inc., franchisor and operator of Popeyes restaurants, said Monday that a key sales figure declined less in the fourth quarter than the prior-year period on better pricing.</p><p>Casual dining operators have tri...

Ruth's sales comparison falls 11 pct in 4Q

2010-02-23T01:28:34Z

<div id="subtitle">Ruth's Hospitality says sales at restaurants open at least a year falls 11 percent in 4Q</div><div><p>Restaurant operator Ruth's Hospitality Group Inc. said Monday that sales at company-owned restaurants open at least a year fell 11 percent in the fourth quarter.</p><p>The company's stock fell in after-hou...

Bristol Restaurants Look Forward To Economic Recovery

2010-02-23T02:02:36Z

Restaurants in Bristol are forecasting continuing commercial success as the south-west recovers from the global recession, as an increasing number of local residents return to the city's eateries to shore-up the region's leisure and entertainment sectors.<br><br>Bristol, UK (2 December 2009) - - Restaurants and diners across Bristol are anticipating growing popularity amongst locals and visitors in 2...

Weak food service sales hurt Cal-Main 2Q results

2010-02-23T08:54:18Z

<div id="subtitle">Cal-Main 2nd-quarter profit falls 41 percent as food service, restaurant sales remain weak</div><div><p>Cal-Maine Foods Inc., which produces and sells eggs, said Monday its fiscal second-quarter profit fell 41 percent as food service and restaurant sales remained weak.</p><p>Profit for the quarter ended Nov. 28 fell to $16....

Denny's shakes up top management as sales slump

2010-02-23T13:57:35Z

<div id="subtitle">Not a grand slam: Denny's shakes up top management as sales growth stays sluggish</div><div><p>Denny's Corp. on Friday unveiled a top management shake-up as sales growth remains sluggish at the casual dining restaurant chain.</p><p>Out are Mark Chmiel, chief marketing and innovation officer, and Darden Restaurants 2Q profit rises 1 percent to top expectations, but sales seen "sluggish"</div><div><p>Darden Restaurants Inc., operator of Red Lobster and Oli...

UBS upgrades Darden, sees hope for restaurants

2010-02-23T15:10:26Z

<div id="subtitle">UBS analyst upgrades Darden Restaurants to 'Buy,' says industry trends improving</div><div><p>Shares of restaurant owner Darden Restaurants Inc., which operates Olive Garden, Stephanie Pratt, wearing ripped jeans and an oversized print shirt, leaving P.F. Chang's China Bistro in West Hollywood after having lunch with friends Los Angeles, California - 25...

Ruby Tuesday inks franchise contracts abroad

2010-02-24T04:40:23Z

<div id="subtitle">Ruby Tuesday inks international franchise agreements in Middle East, U.K.</div><div><p>Casual dining chain Ruby Tuesday Inc. said Monday it had inked new international franchise agreements in the Middle East and the U.K. for its namesake brand.&...

Denny's 3Q profit dips as consumers eat in more

2010-02-24T12:08:21Z

<div id="subtitle">Denny's 3rd-quarter profit slips as consumers continue to eat at home more often</div><div><p>Denny's Corp. said its third-quarter profit slipped as consumers continued to eat at home more often amid the recession.</p><p>Consumers also often spend less when they eat out as they try to conserve cash.</p><p...

Movers roundup: Gilead Sciences, SLM

2010-02-24T16:03:46Z

<div id="subtitle">Movers roundup: Gilead Sciences shares slip, SLM stock rallies on improvement in loan defaults</div><div><p>Among the stock activity stories for Wednesday, Oct. 21, from AP Financial News:</p><p>NEW YORK (AP) — Shares of Gilead Sciences Inc. slipped as investors expres...

Yum Brands' Q3 profit up 18 pct, beats forecasts

2010-02-24T22:06:52Z

<div id="subtitle">Strong business in China boosts 3rd-qtr profit 18 pct at KFC owner Yum Brands to $334 million</div><div><p>A robust performance in China helped chain-restaurant operator Yum Brands Inc. post 18 percent growth in its third-quarter profit, easily beating

Darden Restaurants slips on cautious profit view

2010-02-25T00:36:56Z

<div id="subtitle">Darden Restaurants falls as co. warns 2010 profit will likely be within lower half of range</div><div><p>Shares of Darden Restaurants Inc. slid Wednesday after the owner of the Olive Garden and Olive Garden-owner Darden says 1st-quarter profit rises 15 pct even as sales fall</div><div><p>Darden Restaurants Inc., owner of the Olive Garden and Red Lobster...