Restaurants & Bars
Kozosushi Co Ltd:Announces set up external investigation committee concerning improper describe in rights offering.
ROYAL HOLDINGS Co Ltd:Says the company raised the consolidated mid-year outlook for the FY ending Dec. 2014.Revenue forecast increased to 59,400 million yen from 58,000 million yen.Operating profit forecast increased to 1,410 million yen from 850 million yen.Ordinary profit forecast increased to 1,520 million yen from 950 million yen.Net profit forecast increased to 530 million yen from 300 million yen.Earnings per share forecast increased to 13.74 yen from 7.78 yen.Comments that improvement in the employment situation and corporate earnings, as well as effective management strategies are the main reasons for the forecast.
EL Pollo Loco Holdings Inc:Says the pricing of its initial public offering of 7,142,857 shares of common stock at a price to the public of $15.00 per share.Says all of the shares in the offering are being offered by El Pollo Loco.Says in addition, El Pollo Loco has granted the underwriters a 30-day option to purchase up to an additional 1,071,429 shares.Says the shares are expected to begin trading on July 25, 2014 on the NASDAQ Global Select Market under the ticker symbol "LOCO".Says the closing of the offering is expected to occur on July 30, 2014, subject to the satisfaction of customary closing conditions.Says Jefferies, Morgan Stanley and Baird are acting as joint book-running managers.Says William Blair and Stifel are acting as co-managers.
Starbucks Corp narrows FY 2014 EPS guidance in line with analysts' estimates; gives Q4 2014 EPS guidance; comments on FY 2015 guidance; comments on FY 2015 comparable store sales guidance
Starbucks Corp:Sees FY 2014 earnings per share to be in the range of $2.70 to $2.72 ; or $2.65 to $2.67 when excluding an estimated net benefit of $0.05 for certain FY 2014 non-GAAP adjustments.Sees Q4 2014 EPS in the range of $0.76 to $0.78; or $0.73 to $0.75 when excluding a $0.03 estimated net benefit.Sees FY 2015 revenue growth of 10 pct. or greater.Sees FY 2015 comparable store sales growth in the mid single digits.Sees FY 2015 earnings per share growth of 15 pct.- 20 pct. over FY 2014.FY 2014 revenue estimates of $16.480 bln and EPS estimates of $2.67 - Thomson Reuters I/B/E/S.Q4 2014 EPS estimates of $0.74 - Thomson Reuters I/B/E/S.FY 2015 revenue estimates of $18.251 bln and EPS estimates of $3.16 - Thomson Reuters I/B/E/S.
Dunkin' Brands Group Inc:Expects FY 2014 revenue growth of between 5 and 7 pct (previously it expected 6 to 8 pct revenue growth).Expects FY 2014 adjusted operating income growth of between 7 and 9 pct (previously it expected 10 to 12 pct adjusted operating income growth).Expects FY 2014 adjusted earnings per share of $1.73 to $1.77 (previously it expected $1.79 to $1.83).Reported revenue of $713.84 mln and EBIT of $340.4 mln in FY 2013.FY 2014 revenue of $770.20 mln, EBIT of $369.27 mln, EPS of $1.80 - Thomson Reuters I/B/E/S.
ChasWood Resources Holdings Ltd:Says Ng Teck Wah, Non-Independent Non-Executive Director of the Company has been appointed as Chairman of Board and member of Audit, Nominating and Remuneration Committees with effect from July 25.
ANRAKUTEI Co Ltd:Subsidiary sold fixed asset including land and building located in Chiba, Japan, to an individual, at price of 78 mln yen on July 24.Expects extraordinary loss of 21 mln yen for Q1 of FY 2015 and recorded as impairment loss.
The Cheesecake Factory Inc lowers FY 2014 EPS outlook; gives Q3 2014 EPS outlook below analysts' estimates - Conference Call
The Cheesecake Factory Inc:Estimates diluted earnings per share in a range of $2.19 to $2.25 for FY 2014.Estimates Q3 2014 diluted earnings per share of between $0.55 and $.58.FY 2014 EPS of $2.28 - Thomson Reuters I/B/E/S.Q3 2014 EPS of $0.60 - Thomson Reuters I/B/E/S.
Berjaya Food Bhd announces proposed acquisition of interst in Berjaya Starbucks Coffee Company Sdn Bhd
Berjaya Food Bhd:Proposed acquisition of 11,500,000 ordinary shares of 1Ringgit each representing remaining 50 pct equity interest in Berjaya Starbucks Coffee Company Sdn Bhd not owned by BJFOOD for total cash consideration of $88,000,000.
Blue Note SpA:Says Blue Note, focused in the jazz concerts field and owner of the Blue Note jazz club and restaurant, has started trading its ordinary shares on AIM Italia / Mercato Alternativo del Capitale of Borsa Italiana, the Italian Stock Exchange.Says the first price was equal to 3.16 euros, up 1.3 pct compared to the placement price.Admission to trading followed the placement of 322,000 ordinary shares.Integrae SIM acted as Nominated Adviser, Global Coordinator and Specialist, Emintad as Financial Advisor, Reconta Ernst & Young as auditors, the Norton Rose Fulbright law firm as legal advisor.