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2008-05-14 Restaurant Industry News Highlights

Features

Food & Beverage: Creating Operational Consistency In a Nutshell - By Chris Beckler & Susan Lynn, Logan's Roadhouse
The most successful restaurants are successful because they provide consistent value to their customers. It's important to create consistency, but how does one go about it? Often restaurateurs believe that creating that consistency is very difficult, but with proper training, it's very achievable. ...more

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Trends

Air Transport Association Forecasts Marginal Decline in Heavy Summer Demand
Airlines, Airports and Government Have Plans for Smooth Travel and Minimized Delays - Soaring Fuel Prices Create New Challenges for Struggling Industry ...more

Survey Reveals 90 Percent of U.S. Respondents Planning Leisure Travel this Summer
73 Percent to Drive and 71 Percent to Fly - Americans Modifying Plans Due to High Gas Prices ...more

Restaurant Trends - Growing And Emerging Concepts - Data reflects change and activity from January 5, 2008 to May 5, 2008
Update from Restaurantchains.net on growing and emerging restaurant concepts ...more

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Development

Performance Food Group Company Shareholders Approve Merger
Performance Food Group Company (NASDAQ/NGS:PFGC) announced today that its shareholders have voted to approve the proposed merger of Performance Food Group Company with a wholly-owned subsidiary of an affiliate of The Blackstone Group and Wellspring Capital Management LLC pursuant to the terms of the merger agreement dated January 18, 2008. ...more

Rick's Cabaret International, Inc. Will Purchase Second Adult Nightclub in Dallas, Texas
Rick's Cabaret International, Inc. (NASDAQ/GM: RICK), premium operator of upscale gentlemen's clubs, said today it has signed an agreement to buy a second Dallas adult nightclub, Platinum Club II, which it will re-brand as an upscale Club Onyx catering to African-American gentlemen. ...more

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Financial

Noble Roman's, Inc. Announces First Quarter Earnings
For the quarter the company reported net income of $321,431, or $.02 per share, on 19.2 million weighted shares outstanding. ...more

O'Charley's Inc. Q1 Revenue Down 4.9 percent
O'Charley's Inc. Reports Results for the First Quarter of 2008 ...more

Jack in the Box Inc. Reports Second Quarter Earnings
Affirms Earnings Guidance for FY2008 ...more

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Other

Wolfgang Puck Files Suit against New Restaurant for Trademark Infringement
Seeks Injunction in Light of Widespread Public Confusion over Name ...more

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 .  Development : 2 new
 .  Features : 1 new
 .  Financial : 3 new
 .  Other : 1 new
 .  Trends : 3 new

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