Restaurant News Resource - Worldwide Restaurant Concepts Restaurant Industry News

Worldwide Restaurant Concepts, Inc. (NYSE:SZ) announced today that it has completed its previously announced merger with affiliates of Pacific Equity Partners, a leading Australasian private equity firm.

Total revenues decreased by 5.3 percent in the fourth quarter, but increased 2.2 percent for the full year.

Sizzler Operator Worldwide Restaurant Concepts to Be Acquired by Pacific Equity Partners

Worldwide Restaurant Concepts, Inc. Announces Preliminary Third Quarter Fiscal 2005 Results

Worldwide Restaurant Concepts, Inc. (NYSE:SZ) today announced the completion of a seven-store sale-leaseback transaction.

The restaurant is the first of the restaurants to be opened under the joint venture agreement with the Minor Food Group Pcl, a subsidiary of Royal Garden Resorts Pcl, to develop franchise opportunities for Sizzler restaurants in China. Sizzler announced this joint venture on November 12, 2004.

Worldwide Restaurant Concepts, Inc. (NYSE: SZ) announced that it has retained Houlihan Lokey Howard & Zukin as its financial advisor to assist the Company in exploring strategic alternatives to enhance stockholder value.

Revenue growth of 4.0 percent over prior year, or $3.1 million for the second quarter

Worldwide Restaurant Concepts, Inc. (NYSE: SZ) announced that it has entered into a joint venture agreement with the Minor Food Group Pcl, a subsidiary of Royal Garden Resorts Pcl, to develop franchise opportunities for Sizzler restaurants in China.

Worldwide Restaurant Concepts, Inc. (NYSE: SZ) released today that at the Company's annual shareholders meeting it was announced that Jim Collins was retiring from the Board of Directors.