Franchise News
S&P raises Burger King Corp ratings
Global restaurant operator Burger King has enhanced credit protection measures, a result of both profit growth and debt reduction; we expect those trends to continue.
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Apple Slices Recalled from McDonald's and Burger King for Listeria: Full List of Contaminated Batches
As the nation continues to be bombarded with "Eat Healthy" campaigns by First Lady Michelle Obama and celebrity chef Jamie Oliver, parents might want to give their children French fries on their next visit to McDonald's instead of the traditionally healthier apple slices.
Wendy's Stock Downgraded to 'Underweight' by KeyBanc Capital Markets
The Wendy's Company was downgraded by analysts at KeyBanc from a “hold” rating to an “underweight” rating in a research report issued to clients and investors on Tuesday. They put a new price target of $4 a share based on three key reasons.
Dunkin' Donuts Independent Franchisee Association Helps Pass Mass. Health Cost Amendment
Dunkin' Donuts Independent Franchisee Association helped a health care cost amendment become a law in Massachusetts which aims to curb medical costs.
Former Red Robin Franchisee Sued for Still Using Franchise Goods
A Red Robin franchisee lost its rights to use the Red Robin brand some 18 months ago in Amarillo, Texas, after getting behind in its royalty payments. The same franchisee has gotten in hot water again after it was learnt that its still operating as a Red Robin inside the store, despite removing franchise trademarks from outside the building.
Dunkin’ Brands Inc. to Sell 21 Million Shares
Dunkin' Donuts parent Dunkin' Brands Inc., which also operates Baskin-Robbins, said last week some of its shareholders will sell 21 million shares of its common stock following the company's shelf registration statement filed with the Securities and Exchange Commission.
Cold Stone Creamery Handed Lawsuit by Independent Franchisee Association
An independent franchisee association has filed a lawsuit against the Cold Stone Creamery franchise for not being transparent enough, according to a report.
Chick-fil-A Opens New Store in Maryland, Democrat Mayor Comes to Support
A new Chick-fil-A has opened in Prince George's County in Maryland on Thursday and County Council member Karen Toles attended the opening in District Heights, not as a political statement, but to celebrate the economic development in her community, The Washington Times reports.
McDonald’s July Same-Store Sales Unexpectedly Flat
McDonald's Corp reported unexpected flat sales in July at established restaurants around the world, as austerity measures in Europe and global economic volatility pressured its results.
Macy’s Posts Higher Profit, Raises Earnings Forecast
Macy's Inc reported a higher-than-expected second-quarter profit on Wednesday, helped by cost controls and strong sales in July, and the department store chain raised its full-year profit forecast.
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