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2008-04-23 Restaurant Industry News Highlights

Features

Blend Your Training Investment - By J. Ragsdale Hendrie
The trickle of our alarm during recessionary times soon becomes a veritable rumble. Everything is at risk, as we attempt to advance revenue and cut costs. We see evidence of our wariness across the landscape: development on hold, support departments, like Marketing and Human Resources, punctured, Operating Budgets slashed, projections diminished - everything on hold, under review or just erased. One of the first areas always targeted is Training and Development monies. ...more

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Trends

Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from December 14, 2007 to April 14, 2008
Update from Restaurantchains.net on growing and emerging restaurant concepts ...more

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Appointments

CBRL Group Announces the Promotion of Douglas E. Barber to Executive Vice President and Chief Operating Officer
CBRL Group, Inc. (Nasdaq: CBRL) today announced the promotion of Douglas E. Barber to the position of Executive Vice President and Chief Operating Officer. In his new role, Barber will oversee all restaurant and retail operations, training and real estate development for Cracker Barrel Old Country Store, Inc. ...more

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Financial

P.F. Chang's Earns $0.40 Per Share
P.F. Chang's China Bistro, Inc. (NASDAQ:PFCB) today reported consolidated net income of $9.6 million for the first quarter ended March 30, 2008 compared to $10.5 million for the first quarter of the prior year. Net income per diluted share for the first quarter of both fiscal 2008 and the prior year was $0.40. ...more

Chipotle Mexican Grill, Inc. Reports 39% Increase in 1st Quarter Income
Chipotle Mexican Grill, Inc. Reports First Quarter 2008 Results ...more

Starbucks Predicts 2nd Quarter Earnings Below Analysts' Outlook
Starbucks Reports Preliminary Q2 Results and Revises Fiscal 2008 Outlook ...more

Famous Dave's Reports First Quarter Results
Famous Dave's of America, Inc. (NASDAQ: DAVE) today announced revenue and net income of $33.7 million and $835,000, respectively, or $0.09 per diluted share, for its fiscal first quarter ended March 30, 2008. Revenue for the quarter increased 16.2 percent over the comparable period in 2007. ...more

Yum! Brands Inc. Reports First-Quarter 2008 EPS of $0.50 per share, 19% Growth Excluding Special Items
Raises Full-Year EPS Growth Forecast to 11% from 10%, Excluding Special Items ...more

Organic To Go Reports Preliminary First Quarter Financial Results - Quarterly Revenues Increase 43 Percent - All Key Metrics Improved
Revenues for the quarter increased 43 percent to approximately $5.2 million, as compared with revenues of $3.6 million in the same quarter last year. ...more

CEC Entertainment Reports Strong Financial Results for the First Quarter of Fiscal 2008
Revenues for the first quarter of 2008 increased to $245.2 million from $232.9 million in the same period of 2007 primarily due to new store development and a 3.6% increase in comparable store sales. ...more

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 .  Appointments : 1 new
 .  Features : 1 new
 .  Financial : 7 new
 .  Trends : 1 new

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