ATLANTA Triarc Cos. Inc., brand parent to the 3,600-unit Arby’s chain, said fourth-quarter operating profit at its restaurant division jumped 37 percent from a year ago to $32 million. The profit surge was attributed to new unit development, positive franchisee same-store sales and expense controls that helped steady operating margins. In its fourth-quarter financial results, Triarc also reaffirmed its intention to grow through acquisitions. It also noted that, with the sale late ...
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Contact: Desiree Torres Desiree.Torres@penton.com