Top Restaurant Leaders Positioning for Continued Growth: GRILLiT, Yum! Brands, Sonic, Darden Restaurants, Krispy Kreme

CORAL SPRINGS, Florida, December 5, 2013 /PRNewswire/ --

Market news and updates for restaurant advancers with breaking news headlines: GRILLiT, Inc. (OTC: GRLT), Yum! Brands Inc. (NYSE: YUM), Sonic Corp. (NASDAQ: SONC), Darden Restaurants, Inc. (NYSE: DRI) and Krispy Kreme Doughnuts, Inc. (NYSE: KKD)

GRILLiT, Inc. (OTC: GRLT) announced that effective today, the Company has reduced its total issued and outstanding shares by 53%, from 77,408,218 to 36,085,993.  The Company eliminated a total of 41,322,225 shares of common stock through the a series of share exchange agreements with certain shareholders whereby the Company issued shares of its series c preferred stock to the shareholders in exchange for common stock, which was subsequently cancelled and returned to treasury.

To read the full press release, please click here: http://www.fnmprofiles.com/profiles-grlt.html

GRILLIT's CEO, Ghazi Hajj, stated, "Last month, we initiated an effort to reduce our outstanding shares in order to maximize the value of the shares held by our investors. The share exchanges were voluntary actions done by certain shareholders who are committed to doing whatever is best for the Company."

Yum! Brands Inc. (NYSE: YUM) in advance of its Annual Investor Meeting, reconfirms its full-year 2013 EPS forecast of high-single to low double-digit decline versus prior year, excluding Special Items. Yum! expects to deliver at least 20% EPS growth in 2014, excluding Special Items. David C. Novak, Chairman and CEO, said, "We expect to have a strong bounceback in 2014 following a year that is clearly below our high expectations. In China, we have an aggressive plan to reignite sales at KFC and we expect continued strong performance at Pizza Hut Casual Dining. In addition, our international new-unit development pipeline remains extremely robust. We expect to open at least 1,850 new restaurants outside the U.S., further strengthening our leadership position in emerging markets. We also expect continued development momentum in the U.S. and are excited about our upcoming national breakfast launch at Taco Bell.  

Sonic Corp. (NASDAQ: SONC) will help guests get in the holiday spirit with two new minty treats: the Vanilla Holiday Mint™ Shake and Chocolate Holiday Mint™ Molten Cake Sundae. Made with SONIC's Real Ice Cream, these two seasonal desserts - along with the return of the Chocolate Holiday Mint™ Shake from 2012 - offer customers a spirited way to experience the high-quality sweetness they have come to expect from the drive-in during busy holiday times. "We are known for our great desserts, and the holiday season presents an opportunity to do something fun with the nostalgic flavor of mint," said Chef Claes Petersson, vice president of product innovation of Sonic Corp. "Once we layer in sweet vanilla and crunchy mint to our creamy and rich Real Ice Cream, the flavor profile is distinctly holiday and undoubtedly SONIC."  

Darden Restaurants, Inc. (NYSE: DRI) owns and operates full service restaurants in the United States and Canada. It operates restaurants under the Red Lobster, Olive Garden, LongHorn Steakhouse, The Capital Grille, Bahama Breeze, Seasons 52, Eddie V's Prime Seafood, and Wildfish Seafood Grille brand names. As of September 24, 2013, it owned and operated approximately 2,100 restaurants. DRI closed up .02% on Wednesday afternoon with over 1.3 million shares traded.  

Krispy Kreme Doughnuts, Inc. (NYSE: KKD) recently announced that it has signed a development agreement with Dulce Restaurants, LLC, to develop 10 new Krispy Kreme shops in Houston over the next five years. Dulce Restaurants, LLC, a subsidiary of Dallas-based Sun Holdings, LLC, currently operates three Krispy Kreme locations in Dallas, and has plans to open an additional 15 Dallas shops through 2018. "Seeing the response and admiration for Krispy Kreme and our Original Glazed® doughnuts in Dallas has been a rewarding experience for me and my team," said Guillermo Perales, President and CEO of Sun Holdings, LLC. "With our plans to continue developing the Dallas market now finalized and underway, we are excited by the opportunity to expand our relationship with Krispy Kreme and to make our one-of-a-kind sweet treats available in Houston."

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