Wendy's Chief Marketing Officer Resigns and McDonald's November Same-Store Sales Up 8.2 Percent
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City of Industry, CA --(www.USEquityNews.com)-- 12/11/2007 - Fast Food Franchise industry alert provided by U.S. Equity News. Fast-food chain operator Wendy's International Inc. (NYSE: WEN) recently said Chief Marketing Officer Ian Rowden will resign to return to his native Australia for personal reasons. The company is seeking a replacement for Rowden, who joined the company in 2004. Paul Kershisnik, senior vice president of marketing strategy and innovation and Bob Holtcamp, vice president of brand management, will lead marketing on an interim basis.
CKE Restaurants, Inc. (NYSE: CKR) announced that on Dec. 4, 2007, its Board of Directors declared a fourth quarter dividend of $0.06 per share of common stock to be paid on Feb. 19, 2008 to its stockholders of record at the close of business on Jan. 28, 2008. As of the end of its fiscal 2008 second quarter, CKE Restaurants, Inc., through its subsidiaries, had a total of 3,036 franchised, licensed or company-operated restaurants in 42 states and in 13 countries, including 1,111 Carl's Jr. restaurants and 1,909 Hardee's restaurants.
McDonald's Corp (NYSE: MCD) said recently sales at restaurants open at least 13 months rose 8.2 percent in November, helped by the strength of its breakfast business. Shares of the world's largest fast-food company rose almost 2 percent to an all-time high on the data. Same-store sales, a key retail measure, rose 4.4 percent in the United States, lifted by sales of breakfast, premium roast coffee and chicken snack wraps, the company said.
Famous Uncle Al's Hot Dogs & Grille, Inc. (OTCBB: FDOG) announced it has expanded its reach to Phoenix, AZ. The company opened its newest restaurant this week in Phoenix at 4727 East Bell Rd., Phoenix, AZ 85032. The new restaurant is the first Famous Uncle Al's Hot Dogs & Grille restaurant in Arizona. President, Dean Valentino commented, "As part of our plan to expand the chain nationwide this restaurant will serve as our southwest flagship restaurant."
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