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Scottsdale, Ariz.-based Desert Island Restaurants started a nationwide franchising push for its Ling & Louie's Asian Bar & Grill restaurant concept. To kick off this push, Desert Island inked franchise agreements for the Anchorage, Alaska, and Boise, Idaho markets. Restaurants in these markets are expected to open later this summer. Other markets containing franchised Ling & Louie's restaurants include Denver and Phoenix.
Casual dining chain Red Robin Gourmet Burgers announced that restaurant revenue increased 2.2 percent to $846.4 million for its fiscal year ending Dec. 26, 2010. During that time period, company-owned comparable restaurant sales decreased 0.6 percent.
Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) reported unaudited financial results for its fourth quarter ended Dec. 26, 2010, including an increase in total revenues to $94.1 million from $87.4 million in the prior year. Company-owned comparable restaurant sales for Ruth's Chris Steak House increased 9.2 percent and company-owned comparable restaurant sales for Mitchell's Fish Market decreased 2.1 percent.
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