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Expansions, Earnings & Growth Fuel Advancing Fast Casual Restaurants: GRILLiT, Starbucks, Yum! Brands, Wendy's, Chipotle

Expansions, Earnings & Growth Fuel Advancing Fast Casual Restaurants: GRILLiT,
                  Starbucks, Yum! Brands, Wendy's, Chipotle

PR Newswire

CORAL SPRINGS, Florida, November 4, 2013

CORAL SPRINGS, Florida, November 4, 2013 /PRNewswire/ --

Market news updates for today's advancing fast casual restaurant companies
with expansion and earnings news: GRILLiT, Inc. (OTC: GRLT), Starbucks
Corporation (NASDAQ: SBUX), Yum! Brands, Inc. (NYSE: YUM), The Wendy's Company
(NASDAQ: WEN) and Chipotle Mexican Grill (NYSE: CMG)

GRILLIT®, INC. (OTC: GRLT) Headline: NEW GRILLIT® INNOVATIVE FRANCHISE
LOCATION GRAND OPENING. Grand Opening forElizabethtown,KentuckySlated for
November 11. GRILLiT, Inc. (the "Company") today announced the launch of its
newest franchise location in Elizabethtown, Kentucky, featuring the company's
first drive-through and stand alone building concept. The grand opening event
is scheduled for November 11, 2013.

This is an innovative concept and an achievement for a franchise restaurant
chain and early in its development. We are very proud to be able to roll out
our model for free standing facility incorporating our drive-through window
operation," he stated.

To read the entire press release, please go
tohttp://finance.yahoo.com/q/h?s=GRLT+Headlines

Starbucks (NASDAQ: SBUX), the worldwide coffee retailer, reported
fourth-quarter results for fiscal 2013 on Oct. 30. The company beat on the
bottom line, but narrowly missed on the top line and gave guidance below
analyst expectations. Starbucks' earnings per share grew 37% and revenue rose
12.8% year over year, while its operating margin expanded 220 basis points to
17.6%. Global same-store sales grew a strong 7% in the quarter, including 8%
in the Americas, due to a 5% increase in customer traffic. The increased free
cash flow allowed Starbucks to raise its quarterly dividend by 24% to $0.26,
resulting in an annual yield of roughly 1.28% at current levels.

Yum! Brands, Inc. (NYSE: YUM) recently announced that it has commenced cash
tender offers to purchase up to $525 million combined aggregate principal
amount of five series of its outstanding debt securities. The tender offers
are consistent with Yum! Brands' on-going debt management strategy and aim to
take advantage of historically low interest rates to issue senior notes at
lower rates and use proceeds to buy back existing debt, reducing annual
interest expense and extending the average maturity of its long-term debt. The
terms and conditions of the tender offers are set forth in an Offer to
Purchase dated today and a related Letter of Transmittal. Read the entire
press release at
http://finance.yahoo.com/news/yum-brands-announces-cash-tender-141200373.html

The Wendy's Company (NASDAQ: WEN) announced the declaration of its regular
quarterly cash dividend of $0.05 per share, payable on Dec. 16, 2013 to
shareholders of record as of Dec. 2, 2013. The number of shares of common
stock outstanding at the end of the third quarter was approximately 391.6
million.

Chipotle Mexican Grill (NYSE: CMG) business model supports a long-term
outlook for sustained unit growth as CMG generates positive returns in the
restaurant industry. Analysts believe the company has premium store volumes,
generating an average of $2.1 million in sales per unit, which results in a
27% store margin. Investment costs are modest relative to revenue -- less than
$1 million on a cash basis.

In other important market news, just a few weeks after the launch of iOS 7,
Apple Inc's (NASDAQ: AAPL), Vice President of Engineering for iOS Henri
Lamiraux has retired and left the company, 9to5 Mac reports. Lamiraux, who
joined Apple in 1990, worked closely with one-time iOS lead Scott Forstall on
the original iPhone, and has his name on a number of important patents
including visual voicemail. More recently, he worked under Craig Federighi,
who's in charge of software more broadly at Apple. Lamiraux planned to retire
after Apple shipped iOS 7, its biggest mobile revamp ever, 9to5 Mac reports.

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