Turnaround initiatives at Nashville, Tenn.-based Captain D’s Seafood Kitchen have spawned positive same-store sales momentum, leading chief executive Phil Greifeld to project a return to franchise growth in the second half of 2012. For the March 25-ended first quarter, Captain D’s reported an 8.1-percent same-store sales increase, Greifeld said. That result included gains of 8.5 percent at the brand’s 275 company-owned restaurants and 7.7 percent at its 252 franchised ...
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Contact: Desiree Torres Desiree.Torres@penton.com