Krispy Kreme Reports Financial Results For The First Quarter Of Fiscal 2014

Krispy Kreme Doughnuts, Inc. (NYSE:  KKD) (the "Company") today reported financial results for the first quarter of fiscal 2014, ended May 5, 2013.  The Company also raised its guidance for the full year.

First Quarter Fiscal 2014 Highlights Compared to the Year-Ago Period:

The Fresh Market, Inc. Reports First Quarter 2013 Earnings

- Earnings Per Diluted Share Increased 14.6% to $0.46
- Net Sales Increased 12.9%
- Comparable Store Sales Increased 3.0%

The Fresh Market, Inc. (TFM), a high-growth specialty retailer, today announced unaudited sales and earnings results for its first quarter ended April 28, 2013.

Financial Overview

In the first quarter of fiscal 2013, net sales increased 12.9% to $366.6 million and comparable store sales increased 3.0%, compared to the corresponding thirteen week period ended April 29, 2012.

Read more: The Fresh Market Inc ( TFM )

MTY enters into an agreement to acquire the assets of Extreme Pita, PurBlendz and Mucho Burrito

MTY Food Group Inc. ("MTY" or the "Company") (TSX:MTY), franchisor and operator of multiple concepts of quick service restaurants, announced today that its wholly-owned subsidiary MTY Tiki Ming Enterprises Inc. has entered into a binding agreement to acquire most of the assets of a group of companies from the 3 co-founders, Mr. Alex Rechichi, Mr. Mark Rechichi, and Mr. Sean Black, who own and operate the Extreme Pita, PurBlendz and Mucho Burrito concepts ("Extreme Brandz") www.extremebrandz.com, for a total consideration of $45 million, making it the biggest acquisition in MTY's history.  It will be paid from MTY's cash on hand and available line of credit.

Read more: MTY Food Group Inc ( MTY )

Overhill Farms Signs Definitive Agreement to Be Acquired by Bellisio Foods

 Overhill Farms, Inc. (NYSE MKT: OFI) and Bellisio Foods, Inc. today announced that they have entered into a definitive merger agreement for Bellisio Foods to acquire Overhill Farms in a merger transaction valued at approximately $80.9 million.

Under the terms of the agreement, Overhill Farms shareholders will receive $5.00 in cash for each share of Overhill Farms common stock they own. The transaction represents a 26% premium over the closing price of Overhill Farms common stock on August 13, 2012, prior to the Company's announcement that it was reviewing strategic alternatives, and a 25% premium over the average of the closing price of the common stock during the 60 calendar days ended May 13, 2013, the last day prior to entering into the merger agreement.

Read more: Overhill Farms Inc ( OFI )

A&W Revenue Royalties Income Fund announces first quarter 2013 results

TRADING SYMBOL:  The Toronto Stock Exchange - AW.UN

  • Same store sales hit by winter weather
  • Both distributable cash and net income grow

A&W Revenue Royalties Income Fund (the Fund) reported today results for the first quarter ended March 24, 2013. The Fund will hold a conference call to discuss the results on Tuesday, April 30, 2013 at 1:00 p.m. Pacific Time (4:00 p.m. Eastern Time).  The call can be accessed by dialling toll-free 1-877-974-0445 or (416) 644-3414.  A replay will be available until May 14, 2013, by dialling toll-free 1-877-289-8525 or (416) 640-1917 Passcode: 4616097#.

Read more: A&W Revenue Royalties Income Fund ( AW.UN )