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Yum! Still Banking on International Expansion, Despite China Slide

Despite its well-publicized sales skid in China, Yum! Brands, parent to the KFC, Pizza Hut and Taco Bell brands outlined plans yesterday to grow the QSR triumvirate in overseas markets with an aggressive unit opening schedule. At the top of that agenda is a plan to roughly double the Taco Bell business by 2022 to $14 billion.


Snapshot: Fiesta Restaurant Group

Fiesta Restaurant Group (Nasdaq:FRGI) operates two high volume restaurant concepts—Pollo Tropical and Taco Cabana. The company sports six strong Buy recommendations from research analysts at Jefferies, Raymond James, Sterne Agee, Wells Fargo Securities, Piper Jaffray and Wedbush Securities.


Pappas Targets Jamba Juice and Big Apple Bagel

JCP Investment Management, the investment arm of James C. Pappas, has nominated a slate of six directors to stand for election to Jamba Juice’s (JMBA) board of directors at the company’s 2015 annual meeting. Pappas and his nominees beneficially own approximately 2.3% of the company’s outstanding shares of common stock.


Falling Gas Prices, Rising Grocery Bills Pumping up Restaurant Sales

Americans are paying less at the pump these days and for many operators, that’s translated into spike in restaurant sales and customer traffic. But lower gas prices aren’t the only driver helping restaurateurs take the glass half full position – lower unemployment figures and a spike in home food prices are helping usher consumers out of the kitchen and into restaurants.


Ready for an IPO

Which restaurant chains will be going public this year or early next? Keybanc Managing Director Brad Swanson predicted “five or six” were poised to do so during a presentation at the Restaurant Finance & Development Conference in Las Vegas last month. Thing is, he didn’t bother naming them. Still, it wasn’t difficult to uncover a half-dozen candidates simply by asking.


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


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