LOS ANGELES California Pizza Kitchen Inc. upped its first quarter earnings forecast based on a 10.2-percent increase in revenue, better-than-expected same-store sales and operating efficiencies. CPK now expects per-share earnings of...
CINCINNATI Frisch’s Restaurants Inc., operator or licensor of 117 Frisch's Big Boy restaurants and franchisee of 35 Golden Corral units, reported a 7.9-percent increase in its third-quarter profit and cited a slight sales increase and cost...
SCOTTSDALE Ariz. Kona Grill Inc., parent to the 18-unit grill and sushi-bar chain based, said Tuesday that its board of directors approved the repurchase of as many as 600,000 shares, or about 9 percent of its common stock. The company had...
DALLAS People for the Ethical Treatment of Animals has submitted a shareholder resolution to Brinker International Inc. that calls on the casual-dining company to move its poultry suppliers toward “controlled-atmosphere killing.” The...
HOUSTON Landry's Restaurants Inc. chairman and chief executive Tilman J. Fertitta has lowered his bid to acquire the company, citing "significantly worsened" credit markets, the company said Friday. Fertitta said in a letter this week to...
HOUSTON A special committee of the board of Landry’s Restaurants Inc. has retained Cowen and Co. as its independent financial adviser to consider the $1.3 billion proposal by chairman and chief executive Tilman J. Fertitta to take the company...
DENVER Vicorp Restaurants Inc., parent of the venerable Village Inn and Bakers Square family-dining brands, said Thursday that it has filed for Chapter 11 protection from its creditors and has closed 56 underperforming restaurants across the...
MARYVILLE Tenn. Ruby Tuesday Inc., operator or franchisor of 942 casual-dining restaurants, posted a 59-percent plunge in its third-quarter net income as declines in sales and guest traffic continued to challenge the struggling chain. For...
LEBANON Tenn. CBRL Group Inc. reported on Tuesday a 0.8-percent increase in same-store restaurant sales at its Cracker Barrel Old Country Store family-dining chain for the four weeks ended March 28. Much like the trends across most of the...
