Restaurants & Bars
Del Frisco's Restaurant Group Inc:Expects FY 2015 total comparable restaurant sales increase of 2 to 3 pct.
ANRAKUTEI Co Ltd:To sell Tochigi-based property to an individual for 550 mln yen on March 27.Expects extraordinary loss of 108 mln yen for FY ending March 2015.
Revolution Bars Group Plc:Says following it's announcement on Feb. 17 of it's intention to proceed with an initial public offering (IPO), the expected price range for Offer has been set at between 200 pence to 240 pence per Share.
Restaurant Group PLC:Board is recommending final dividend of 9.3p per share to give total for the year of 15.4p, an increase of 10 pct on the prior year.This dividend is covered almost two times by earnings per share, in line with stated dividend policy.Subject to shareholder approval at the Annual General Meeting to be held on May 14, the final dividend will be paid on July 8 and the shares will be marked ex-dividend on June 18.
Saint Marc Holdings Co Ltd:Sees year-end dividend outlook of 64 yen per share, raised from 52 yen per share, for the fiscal year ending March 2015.
Carrols Restaurant Group Inc gives FY 2015 guidance; revenue guidance above analysts' estimates; EBITDA guidance below analysts' estimates; gives FY 2015 comparable restaurant sales guidance
Carrols Restaurant Group Inc:Expects FY 2015 total restaurant sales of $810 million to $830 million including comparable restaurant sales increase of 2 pct. to 4 pct.Expects FY 2015 adjusted EBITDA of $44 million to $48 million.FY 2015 revenue of $807 million and EBITDA of $51 million - Thomson Reuters I/B/E/S.
Domino's Pizza Grp:Recommends a final dividend for 2014 of 9.69p (2013: 8.80p) per share.Says this is a 10.1 pct increase on the final dividend for the prior year.The final dividend will be paid on April 27 to shareholders on the register at the close of business on March 6.
Popeyes Louisiana Kitchen Inc gives FY 2015 same store sales guidance; gives FY 2015 EPS guidance below analysts' estimates
Popeyes Louisiana Kitchen Inc:Sees FY 2015 same store sales growth in the range of 3.5 pct. to 4.5 pct.Sees FY 2015 Adjusted earnings per diluted share in the range of $1.83 - $1.88.The company also expects to repurchase $40 to $50 million in outstanding shares, compared to $40 million in FY 2014.FY 2015 EPS of $1.95 - Thomson Reuters I/B/E/S.
McDonald's Corp:Labor unions and a charity accused fast food chain McDonald's of avoiding around 1 bln Euros ($1.1 bln) in tax between 2009 and 2013 by routing revenues through a Luxembourg unit and called on the European Commission to investigate - Reuters.The European Federation of Public Service Unions and The Service Employees International Union said McDonald's saved on tax by having restaurants make tax-deductible royalty payments equivalent to five pct of turnover to a lightly taxed subsidiary in Luxembourg.Filings in Luxembourg show that McD Europe Franchising Sarl, received over $1 bln in fees from franchisees and McDonald's subsidiaries across Europe in 2013.It paid tax of just 1.4 pct on profits of $288 mln in 2013 - well below the headline Luxembourg corporate tax rate of around 29 pct.The labor groups said the low tax rate could be due to the use of tax breaks for exploiting intellectual property, although the company could also benefit form the fact that many of its operations are through its Swiss branch.The civil society groups said the 1 bln Euros tax saving they alleged, reflected what might have been paid if the royalties were retained in countries like France and Britain and taxed there.