Quick Service Advancers Fine Tune Operations - Company Enters JV to Promote Nutritious Lifestyle
CORAL SPRINGS, Florida, May 1, 2014 /PRNewswire/ --
Quick service companies evolve to meet changing nutritious demands presented by consumers: GRILLiT, Inc. (OTC: GRLT), Chipotle Mexican Grill, Inc. (NYSE: CMG), Yum! Brands, Inc. (NYSE: YUM), Whole Foods Market, Inc. (NASDAQ: WFM) and Starbucks Corporation (NASDAQ: SBUX)
GRILLiT, Inc. (OTCPink: GRLT) today announced that it has signed a joint venture agreement with Mia Fitness Team LLC to integrate GRILLiT-brand menu items into the catered meals that are served to Mia Fitness Team clients. The Mia Fitness Team and Darian Alvarez have an international audience, and have recently been featured on many reality shows and television programs, including Telemundo, Univision's Despierta America, America Teve, Azteca and Mega TV. They have also appeared in magazines like Primera Hora (Puerto Rico), Venue Magazine, Mia (Honduras), People en Espanol, and many more. The Mia Team and Darian Alvarez endeavor to promote healthy exercise and a nutritious lifestyle.
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Currently, Mia Fitness Team provides 175 to 200 highly nutritious meals each day to its clients. The founders, trainers, and many of the clients of Mia Fitness Team have been GRILLiT customers since its opening almost 3 years ago. Management of both companies realized the opportunity to merge the nutritious Mia Fitness Team prepackaged meal system with GRILLiT's healthy and tasty menu to create a delicious, high-nutrient, catered meal service for Mia Fitness Team's existing clients, as well as the opportunity to expand the product beyond current levels.
Chipotle Mexican Grill, Inc. (NYSE: CMG) develops and operates fast casual and fresh Mexican food restaurants. Its restaurants primarily offer burritos, tacos, burrito bowls, and salads. As of October 15, 2013, the company operated approximately 1,500 restaurants. On Tuesday, Chipotle closed up 1.41% on over 665,000 shares traded.
Yum! Brands, Inc. (NYSE: YUM) recently reported results for the first quarter ended March 22, 2014, including EPS of $0.87. Key highlights include: Worldwide system sales grew 4%, worldwide restaurant margin increased 3.3 percentage points to 19.2% and worldwide operating profit increased 22%. Total international development was 249 new restaurants; 86% of this development occurred in emerging markets. China Division system sales increased 17%, driven by 7% unit growth and 9% same-store sales growth. Restaurant margin increased 6.8 percentage points to 23.4%. Operating profit increased 80%.
Whole Foods Market, Inc. (NASDAQ: WFM) recently announced a $46,784 donation to Solid Ground, a Seattle-based organization with a mission to build a community to end poverty. Throughout 2013, shoppers who visited any of the six Seattle-area Whole Foods Market stores had an opportunity to participate in the Bag Hunger program, with a cash donation to Solid Ground at the checkout registers. Solid Ground will direct the funds to support its Cooking Matters program. Classes offered in more than 65 locations throughout Greater Seattle and Washington State focus on educating low-income individuals on healthy cooking skills, general nutrition education and budgeting. "Whole Foods Market has worked in partnership with Solid Ground for more than six years and we love the opportunity to share this organization's great work with our shoppers," said Joe Rogoff, Regional President at Whole Foods Market Pacific Northwest.
Starbucks Corporation (NASDAQ: SBUX) reported financial results for its 13-week fiscal second quarter and 26-week fiscal year to date ended March 30, 2014. Highlights include: Global comparable store sales increased 6%, Americas and U.S. comp growth of 6%, EMEA comp growth of 6%, representing the highest growth in EMEA in 14 quarters, China/Asia Pacific comp growth of 7%, driven by strong traffic, consolidated net revenues increased 9% to a Q2 record $3.9 billion and Channel Development revenues grew 10%.
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