Restaurants & Bars
HABIT RESTAURANTS INC:Announced the closing of its initial public offering of 5,750,000 shares of its Class A common stock at a public offering price of $18.00 per share.Says the number of shares issued at closing included full exercise of the underwriters' over-allotment option of 750,000 shares.All of the shares were offered by The Habit.Habit received about $92.4 million in proceeds from the offering, net of underwriting fees and estimated expenses.
Cracker Barrel Old Country Store Inc raises FY 2015 outlook; gives Q2 2015 EPS outlook below analysts' estimates
Cracker Barrel Old Country Store Inc:Expects FY 2015 total revenue of about $2.8 bln.Expects FY 2015 earnings per diluted share of between $5.95 and $6.10.Projects increases in comparable store restaurant and retail sales in a range of 2.5 to 3.5 pct.Expects to report earnings per diluted share for the Q2 2015 of between $1.50 and $1.60.FY 2015 revenue of $2.783 bln and EPS of $6.02 - Thomson Reuters I/B/E/S.Q2 2015 EPS of $1.65 - Thomson Reuters I/B/E/S.
Eclectic Bar Group Plc:Expects H1 2015 adjusted EBITDA to be in the region of 1.1 mln Pounds (the equivalent adjusted EBITDA for H1 2014 excluding discontinued operations was 1.4 mln Pounds).
Sodexo SA:Announces finalization of its acquisition of Motivcom plc, rewards and employee benefits provider to corporates in United Kingdom.Total consideration of this transaction is 41 million pounds.Acquired business represented, in 2013, issue volume of about 300 million pounds.
ANRAKUTEI Co Ltd:To sell Chiba-based property for 80 mln yen on Dec. 25.Expects extraordinary profit of 12 mln yen for Q3 of FY ending March 2015.
Yum! Brands Inc announces authorization of up to $1 bln in share repurchases and declares quarterly dividend of $0.41 per share
Yum! Brands Inc:Declares dividend of $0.41 per share of common stock Quarterly dividend will be distributed Feb. 6, 2015 to shareholders of record at close of business on Jan. 16, 2015.The $1 bln in additional share repurchases of company's outstanding common stock is authorized through May 31, 2016.Repurchases of common stock may be made from time to time in open market or through privately negotiated transactions and will be subject to market conditions and other factors.
Zoe's Kitchen Inc:Expects FY 2014 comparable restaurant sales growth of 6.0pct to 6.3pct.
El Pollo Loco Holdings Inc:Says pricing of its public follow-on offering by certain of the company's stockholders of 6 mln shares of the company's common stock at a price of $27.00 per share.In addition, the selling stockholders have granted the underwriters an option to purchase up to 900,000 additional shares of common stock.El Pollo Loco will not receive any proceeds from the sale of these shares.The closing of the offering is expected to occur on Nov. 25.
Noble Roman's Inc:Says Paul Mobley will assume the newly created title of Executive Chairman and retain Chief Financial Officer responsibilities.Says Scott Mobley will assume the title of Chief Executive Officer in place of his role as Chief Operating Officer.