Restaurants & Bars

Page 1

Zensho Holdings receives external investigation result

7:00am BST

Zensho Holdings Co Ltd:Received investigation result from external committee for work environment improvement in chain restaurant of subsidiary, on July 31.

El Pollo Loco Holdings Inc announces completion of initial public offering and exercise of option to purchase additional shares

Wednesday, 30 Jul 2014

El Pollo Loco Holdings Inc:Says completion of its previously announced initial public offering at $15.00 per share.Sold a total of 8,214,286 shares of common stock, which included 1,071,429 shares sold pursuant to the full exercise of the underwriters' option to purchase additional shares.Total net proceeds to the company from the offering, after deducting underwriter discounts and commissions and estimated offering expenses, were about $112.8 mln.The issuance and sale of the shares closed on July 30, 2014.Jefferies, Morgan Stanley and Baird served as joint book-running managers for the offering.William Blair and Stifel served as co-managers for the offering.

Global-Dining Inc lowers consolidated mid-year and full-year outlook for FY 2014

Wednesday, 30 Jul 2014

Global-Dining Inc:Says the company lowered the consolidated mid-year outlook for revenue to 4,939 million yen from 5,189 million yen for FY ending Dec. 2014.Sees a decrease of operating profit forecast to a loss of 127 million yen from 28 million yen.Sees a decrease of ordinary profit forecast to a loss of 153 million yen from 29 million yen.Sees a decrease of net profit forecast to a loss of 169 million yen from 22 million yen.Sees a decrease of earnings per share to a loss of 16.91 yen from 2.23 yen.Comments the lower-than expected sales as the main reason for the forecast.Says the company lowered the consolidated full-year outlook for revenue to 10, 291 million yen from 10,535 million yen for FY ending Dec. 2014.Sees a decrease of operating profit forecast to a loss of 49 million yen from 50 million yen.Sees a decrease of ordinary profit forecast to a loss of 73 million yen from 54 million yen.Sees a decrease of net profit forecast to a loss of 96 million yen from 40 million yen.Sees a decrease of earnings per share to a loss of 9.64 yen from 3.98 yen.Comments the decreased sales and decreased expense rate are the main reasons for the forecast.

Panera Bread Co lowers FY 2014 EPS outlook; gives Q3 2014 EPS outlook below analysts' estimates

Tuesday, 29 Jul 2014

Panera Bread Co:Revises target range for FY 2014 earnings per diluted share to $6.65 to $6.80.Says Q3 2014 EPS target of $1.40 to $1.46.Q3 2014 EPS of $1.53 - Thomson Reuters I/B/E/S.FY 2014 EPS of $6.86 - Thomson Reuters I/B/E/S.

Nutrisystem Inc gives Q3 2014 guidance below analysts' estimates; raises low end of prior FY 2014 revenue guidance; raises FY 2014 earnings guidance

Tuesday, 29 Jul 2014

Nutrisystem Inc:Expects Q3 2014 revenue to be in range of $85.0 mln to $90.0 mln.Expects Q3 2014 adjusted EBITDA to be in range of $8.75 mln to $10.75 mln.Expects Q3 2014 GAAP earnings per share to be in range of $0.12 to $0.17.Updates FY 2014 revenue guidance from previous range of $392.0 mln to $407.0 mln to now be in range of $397.0 mln to $407.0 mln.Increases FY 2014 adjusted EBITDA from previous range of $40.0 mln to $44.0 mln to be in range of $41.0 mln to $44.2 mln.Raises FY 2014 GAAP earnings per share guidance from a previous range of $0.57 to $0.67 to now be in the range of $0.60 to $0.68.Q3 2014 revenue of $93.7 mln, EBITDA of $11.9 mln and EPS of $0.22 - Thomson Reuters I/B/E/S.FY 2014 revenue of $400.2 mln, EBITDA of $36.4 mln and EPS of $0.61 - Thomson Reuters I/B/E/S.

Buffalo Wild Wings Inc updates on FY 2014 earnings outlook below analysts' estimates

Tuesday, 29 Jul 2014

Buffalo Wild Wings Inc:Says net earnings growth will exceed 25 pct for FY 2014, and could reach 30 pct.Reported net income of $71.55 mln, EPS of $3.79 in FY 2013.FY 2014 net income of $144.57 mln, EPS of $5.09 - Thomson Reuters I/B/E/S.

P99 Holdings Ltd to form a JV Co with VGEL

Tuesday, 29 Jul 2014

P99 Holdings Ltd:Entered into a memorandum of understanding with Verto Group Enterprise Ltd (VGEL) and its two shareholders, Thomas William David Carr (TC) and Richard James Pearce (RP) (collectively 'parties') in respect of a proposed joint venture to invest in property development projects in the United Kingdom.Under the MOU, it is envisaged that the company will form with VGEL a joint venture company with a paid-up capital of about S$1.05 million in the proportion of 60 pct and 40 pct respectively (JV Co).

McDonald's Holdings Co (Japan) Ltd amends consolidated full-year outlook for FY 2014

Tuesday, 29 Jul 2014

McDonald's Holdings Co (Japan) Ltd:Says the company amended the consolidated full-year outlook for the FY ending Dec. 2014.Revenue forecast to an undetermined value from 250,000 million yen.Operating profit forecast to an undetermined value from 11,700 million yen.Ordinary profit forecast to an undetermined value from 10,700 million yen.Net profit forecast to an undetermined value from 6,000 million yen.Earnings per share to an undetermined value from 45.13 yen.Comments that severe business environment and chicken event in China are the main reasons for the forecast.

Famous Dave's of America Inc elects David Mastrocola as Chairman

Tuesday, 29 Jul 2014

Famous Dave's of America Inc:Says that its Board of Directors has elected David J. Mastrocola as the Chairman of the Board, effective July 28, 2014.

Markets

  • Sectors
  • Europe
  • U.S.
  • Asia

Sector Summary