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March Sales Improve, But Not For Everybody

Good news: After a brutal first two months of the year brought on by a lot of bad weather, restaurant sales improved in March. But they didn't improve for casual dining chains that still struggled to bring in customers.

Biglari Gets Poked For His Company's Returns

All three proxy advisory firms, ISS, Glass Lewis and Egan Jones, recommended against Sardar Biglari in his effort to get Cracker Barrel to sell itself. And one of them cited the returns of Big's own company as a reason for the recommendation.

Zoe's Kitchen Has A Strong Debut

Stock weakness in recent days has dented the market for IPOs, unless the company going public generates comparisons with Chipotle. The latest, Zoe's Kitchen, had a strong first day of trading Friday, jumping nearly 70 percent in early trading.

Proxy Advisory Firms Back Darden Activists

UPDATED: Two proxy advisory firms, Institutional Shareholder Services and Glass Lewis & Co. have endorsed a pair of activist investors in their push for a special meeting of Darden Restaurants shareholders. Investors frequently take the advisory firms' views into account.

Zoe's Kitchen Prices Its Shares

Zoe's Kitchen, the Plano, Texas-based Mediterranean-inspired fast-casual chain, on Thursday priced the shares for its Friday IPO at $15, the high end of its price range. But the market it'll be entering is suddenly volatile.

FINANCE & REAL ESTATE DIRECTORY

Franchise Times would like to introduce you to the lenders and real estate advisory sources that are targeting the restaurant industry.

 

Finance & Real Estate Directory

Resources

Top 400 Restaurant Franchisee Report Available For Purchase

Produced by the Restaurant Finance Monitor and Technomic, our newly updated report is the most comprehensive analysis and overview of the restaurant franchise industry, helping you develop sales and marketing strategies and identify growth opportunities. Leveraging the Restaurant Finance Monitor 200 and the Technomic Future 200, this report encompasses sales of nearly 10% of the total restaurant industry.

White Papers

The Monitor's library of white papers will make you more knowledgeable on a number of subjects near and dear to your business’ bottom line. Written by experts in their field, these detailed reports provide the latest thinking on everything from international expansion to new technology. Click here for White Papers.