Restaurants & Bars

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Kozosushi Co Ltd announces result of early-retirement program and expects extraordinary loss for Q3 of FY 2014

Friday, 19 Sep 2014 04:00am EDT

Kozosushi Co Ltd:Says 30 employees took up the offer of the early-retirement program announced on Aug. 7.Effective date of retirement is Aug. 31.A premium will be added to the normal retirement allowance of eligible applicants.Expects extraordinary loss of 34 mln yen for Q3 of FY ending Dec. 2014 for this early-retirement program.

Just Eat PLC's RestauranteWeb to merge with iFood to create online restaurant delivery winner in Brazil

Friday, 19 Sep 2014 02:01am EDT

Just Eat PLC:Says merger of its Brazilian business RestauranteWeb with that of iFood.com Agencia de Restaurantes Online S/A to create clear leader in Brazilian online delivery food market.Says merger creates IF-JE ParticipaƧƵes Ltda. which will be joint venture between JUST EAT and iFood's existing shareholders.Says JUST EAT will transfer 100 pct of share capital of Just Eat Brazil Servicos Online Ltda., which trades as RestauranteWeb to IF-JE, which will also include 100 pct of share capital of iFood.Says as part of agreement, JUST EAT will also make investment of 3.5 million pound in cash into IF-JE, for future business expansion.Says following transaction, IF-JE will be 25 pct owned by JUST EAT, 24.98 pct owned by iFood Founders and 50.02 pct owned by Movile.

Asrapport Dining Co Ltd to acquire RESONANCE DINING.INC and raises consolidated full-year outlook for FY 2015

Thursday, 18 Sep 2014 11:00pm EDT

Asrapport Dining Co Ltd:To acquire 400 shares (100 pct stake) of RESONANCE DINING.INC from Hanshinshuhan with amount of 672 million yen on Sep. 30.Says the company increased the consolidated full-year outlook for revenue to 11,026 million yen from 10,426 million yen for the FY ending March 2015.Operating profit forecast increased to 696 million yen from 674 million yen.Ordinary profit forecast increased to 623 million yen from 601 million yen.Net profit forecast increased to 355 million yen from 342 million yen.Earnings per share increased to 19.13 yen from 18.44 yen.Comments the increased income are the main reasons for the forecast.

Eat& Co Ltd fully acquires subsidiary

Thursday, 18 Sep 2014 02:00am EDT

Eat& Co Ltd:Acquired 40 shares in a Tokyo-based subsidiary, Food Runner, increased voting rights in the subsidiary to a 100 pct (400 shares) from 90 pct (360 shares), at price of 2 mln yen.Effective July 15.

Berjaya Food Bhd announces completion of acquisition of Berjaya Starbucks Coffee Company Sdn Bhd

Wednesday, 17 Sep 2014 08:00pm EDT

Berjaya Food Bhd:Refers to the announcement made on July 23 in relation to the acquisition.Says the acquisition has been completed on even date.

Yum! Brands Inc's Pizza Hut opens first restaurant in Africa

Wednesday, 17 Sep 2014 10:30am EDT

Yum! Brands Inc:Pizza Hut, a division of Yum! Brands opens its first restaurant in Africa.The introduction of Pizza Hut on Continent reflects company's expansion in emerging markets.

Cracker Barrel Old Country Store Inc gives FY 2015 revenue guidance, EPS below analysts' Estimates; Gives comparable store restaurant and retail sales guidance; gives Q1 2015 EPS guidance

Wednesday, 17 Sep 2014 08:00am EDT

Cracker Barrel Old Country Store Inc:Expects FY 2015 total revenue of between $2.75 bln and $2.80 bln.Expects FY 2015 earnings per diluted share of between $5.80 and $5.95.Sees FY 2015 increase in comparable store restaurant and retail sales in a range of 2.0 pct to 3.0 pct.Says increased revenue projection for fiscal 2015 reflects the expected opening of six or seven new Cracker Barrel stores.Expects Q1 2015 earnings per diluted share of between $1.20 and $1.30.FY 2015 revenue of $2.77 bln, EPS of $6.08 and Q1 2015 EPS of $1.29 - Thomson Reuters I/B/E/S Estimates.

create restaurants holdings inc to establish subsidiary in Taiwan

Wednesday, 17 Sep 2014 04:30am EDT

create restaurants holdings inc:To establish a wholly owned subsidiary based in Taipei planned in November.New subsidiary to be engaged in the operation of restaurant.New subsidiary to be capitalized at T$60 mln or about 200 mln yen.

Sonic Corp gives FY 2015 EPS guidance; gives FY 2015 same-store sales guidance

Tuesday, 16 Sep 2014 04:01pm EDT

Sonic Corp:Expects its initiatives to drive earnings per share growth in FY 2015 at the higher end of its long-term 14pct to 20pct earnings per share growth target.Expects FY 2015 Positive same-store sales in the low single digit range for the system.FY 2015 EPS of $0.99 - Thomson Reuters I/B/E/S.

Horiifoodservice Co Ltd raises consolidated mid-year outlook for FY 2015

Tuesday, 16 Sep 2014 02:00am EDT

Horiifoodservice Co Ltd:Says the company raised the consolidated mid-year outlook for the FY ending March 2015.Revenue forecast increased to 4,135 million yen from 4,012 million yen.Operating profit forecast increased to 149 million yen from 95 million yen.Ordinary profit forecast increased to 150 million yen from 87 million yen.Net profit forecast increased to 77 million yen from 53 million yen.Earnings per share forecast increased to 13.75 yen from 9.4 yen.Comments that the negative effect of changed consumption tax rate lower than expected and positive performance of new stores are the main reasons for the forecast.

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Analyst Research

Report Title Price
Provider: Renaissance Capital
$92.00
Provider: Renaissance Capital
$92.00
Provider: Renaissance Capital
$92.00
Provider: Renaissance Capital
$92.00
Provider: Renaissance Capital
$92.00

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