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I N S P I R I N G Smiles T H R O U G H Delicious E X P E R I E N C E S
FORIMMEDIATERELEASE
Arby’sInksDevelopmentAgreementfor25NewRestaurantsinKuwait&SaudiArabia
MomentumforFutureInternationalExpansionGrows May24,2016–ATLANTA—Arby’sRestaurantGroup,Inc.(ARG),parentcompanyofthefranchisoroftheArby’sbrand,hasannouncedaninternationalfranchisedevelopmentagreementwithAl-KharafiGlobalforGeneralTrading&ContractingCompany-WLL(KharafiGlobal),toopen25newArby’srestaurantsintheStateofKuwaitandKingdomofSaudiArabiaoverthenextsevenyears.ThisnewsfollowsastrongyearofdevelopmentforArby’sin2015with69newrestaurantopeningsgloballyalongwithagreementsfor138newrestaurantsannouncedinQ12016.
“WeareexcitedabouttheagreementwithKharafiGlobalasweturnourattentiontobringingtheArby’sbrandtonewmarketsaroundtheworld.,”saidPaulBrown,ChiefExecutiveOfficer,Arby’sRestaurantGroup,Inc.“WewelcomeKharafiGlobalandtheirexperiencedrestaurantdevelopmentandoperationsteamintotheArby’sfamilyandhavetheutmostconfidenceintheirsuccess.”
“WearethrilledtobringtheArby’sbrandtoguestsinKuwaitandSaudiArabia,”saidHaidarAlNaqeeb,ManagingDirectorandCo-Founder,KharafiGlobal.“WithArby’scontinuedstrongsalesperformance,outstandingleadershipandrobustmenuofdelicious,FastCrafted™products,webelievethefutureforArby’sisincrediblybright.” Arby’sremainsontrackwithitsgoaltosurpass$4billionintotalsystem-widesame-storesales(SSS)bytheendof2018.InQ12016,theBrandannouncedU.S.SystemSSSgrowthof5.8percent1inthefirstquarterof2016.Arby’sSSSgrowthmorethandoubledarepresentativesampleofthelargerQuickServeRestaurant(QSR)chains2,representing22consecutivequartersofSSSgrowthand13consecutivequartersofindustryoutperformance.Arby’salsoreportedU.S.Systemtwo-yearSSSof15.3percentinQ12016. 1Source:InternalARGdata;Includesestimatesforunreportedfranchiseesattimeofrelease.2Source:TheNPDGroup/SalesTrack®Weeklyreportssamestoresalescollectedweeklyfrom45ofthelargerQuickServiceRestaurantchainsduringQ12016endingApril3,2016.
I N S P I R I N G Smiles T H R O U G H Delicious E X P E R I E N C E S
MediaContact:[email protected]’sArby’s,foundedin1964,isthefirstnationallyfranchisedsandwichrestaurantbrand,withmorethan3,300restaurantsworldwide.TheArby’sbrandpurposeis“InspiringSmilesThroughDeliciousExperiences™.”Arby’s®restaurantsfeatureFastCrafted™service,auniqueblendofquick-servespeedandvaluecombinedwiththequalityandmade-for-youcareoffastcasual.Arby’sRestaurantGroup,Inc.istheparentcompanyofthefranchisoroftheArby’sbrandandisheadquarteredinAtlanta,Ga.VisitArbys.comformoreinformation.WiththecurrentgrowthandmomentumoftheBrand,Arby’sisactivelyseekingnewfranchisees.Tolearnmoreaboutavailablemarketsandrequirements,visitDiscoverArbys.com.
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