Healthy Lifestyle Options Driving Restaurant - Services Sector: GRILLiT, Darden, Wendy's, Bloomin Brands, Starbucks
CORAL SPRINGS, Florida, September 30, 2013 /PRNewswire/ --
Market news updates for today's leading fast casual restaurant companies with tasty growth potential: GRILLiT, Inc. (OTC: GRLT), Darden Restaurants, Inc. (NYSE: DRI), The Wendy's Company (NASDAQ: WEN), Bloomin' Brands, Inc. (NASDAQ: BLMN) Starbucks Corporation (NASDAQ: SBUX) and Whole Foods Market, Inc. (NASDAQ: WFM).
GRILLIT®, INC. (OTC: GRLT) Headline: GRILLIT® TO ENHANCE MENU WITH NEW HEALTHY LIFESTYLE OPTIONS. GRILLiT, Inc. (the "Company") today announced that it is currently testing new menu items at its Miami Airpark Plaza location. The new items consist of quinoa, Caribbean rice, and Caribbean honey lime dressing. Quinoa is a "pseudo-grain" that is becoming more recognized for its high nutritional value. Quinoa provides all of the essential amino acids, which are the building blocks of protein, and is considered a "complete protein" source. In addition, this pseudo-grain is a good source of fiber and contains monounsaturated and polyunsaturated fats. Quinoa also embodies vitamins and minerals such as iron, magnesium, phosphorus, and calcium. For all of its nutritional qualities, it comes as no surprise that the Food and Agricultural Organization (FAO) of the United Nations earlier this year declared 2013 as "The International Year of the Quinoa." Quinoa, Caribbean rice, and Caribbean honey lime dressing will be available as options within GRILLiT's array of Supreme Salads, Signature Bowls, Pasta Bowls and Cool Wraps after the Company has completed the testing of these new products, which is expected to conclude within 60 days.
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Darden Restaurants, Inc. (NYSE: DRI) recently announced it has signed an area development agreement with Secret Recipe, a leading restaurant operator in Asia. The company will initially develop 13 units under Darden's Red Lobster, Olive Garden and LongHorn Steakhouse brands in Malaysia with the option for additional brands and locations in the future. This deal complements Darden's other recent area development agreements in the Middle East and Latin America. The company currently franchises 44 units to local operators in seven countries abroad including 30 Red Lobsters, six Olive Gardens, seven LongHorns and one location of The Capital Grille.
The Wendy's Company (NASDAQ: WEN) , through its subsidiaries, owns and franchises Wendy's restaurant system in North America and internationally. It engages in operating, developing, and franchising a system of distinctive quick-service restaurants. The company's restaurants specialize in offering hamburger sandwiches and featuring filet of chicken breast sandwiches; salads, soft drinks, Frosty desserts, and kids’ meals; and various promotional products on a limited time basis. As of August 13, 2013, its restaurant system included approximately 6,500 franchises and company-operated restaurants in the United States, and 27 countries and U.S. territories worldwide. Currently, Wendy's offers Garden Side Salads (210 calories) and Caesar Side Salads (250 calories) in lieu of fries.
Bloomin' Brands, Inc. (NASDAQ: BLMN), together with its subsidiaries, owns and operates casual, polished casual, and fine dining restaurants primarily in the United States. The company operates restaurants under various concepts, including Outback Steakhouse, a casual dining steakhouse; Carrabba's Italian Grill, an Italian casual dining restaurant; Bonefish Grill, a casual seafood restaurant; Fleming's Prime Steakhouse and Wine Bar, an upscale, contemporary prime steakhouse; and Roy's, an upscale dining restaurant. BLMN closed up slightly on Friday (09/27/13) at $23.85 per share up 1.84%.
Starbucks Corporation (NASDAQ: SBUX) operates as a roaster, marketer, and retailer of specialty coffee worldwide. As of September 30, 2012, the company operated 9,405 company-operated stores and 8,661 licensed stores. Its stores offer regular and decaffeinated coffee beverages, Italian-style espresso beverages, cold blended beverages, iced shaken refreshment beverages, premium Tazo teas, packaged roasted whole bean and ground coffees, Starbucks VIA Ready Brew soluble coffees, Starbucks coffee and Tazo tea K-Cup portion packs, Starbucks Refreshers beverages, juices, and bottled water. SBUX closed down slightly on Friday (09/27/13) at $63.36 on over 3.2 Million shares traded.
Whole Foods Market, Inc. (NASDAQ: WFM) announced last week that Walter Robb, co-Chief Executive Officer, will present at the Wells Fargo Securities Retail and Restaurants Summit at the Four Seasons Hotel in Boston, MA on October 2, 2013 at 9:40 a.m. (ET). The audio portion of the presentation will be webcast live and made available on the company's website at: http://www.wholefoodsmarket.com/company-info/investor-relations/management-presentations.
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