Triarc, which holds approximately 3,500 Arby's restaurants,posted a net loss of $16.25 million or 21 cents per share for thequarter ending Jan. 1, 2006 compared to a net loss of $3.6 millionor 6 cents per share in the same quarter of 2004. The widerquarterly losses were attributed to $329.64 million in relocation,restructuring and other charges associated with the RTM acquisitionalong other operating costs. In the prior year, quarterly losseswere $102.03 million for the New York City-based firm.

Despite those losses, the acquisition of 775 restaurants fromRTM boosted sales and revenue for the quarter, with revenue jumpingto $305.56 million from $95.96 million the previous year and netsales increasing to $258.53 million from $53.88 million.

"There's no question that 2005 was a defining year for Arby's,"Peter May, Triarc's president and chief operating officer said in astatement. "By joining our restaurant operations with RTM, we havecreated a large, fully integrated and growing restaurantcompany"For the year, consolidated revenues increased to $727.3million from $328.6 million, due to both the RTM acquisition andincreases in the asset management and related fees of Deerfield& Company LLC, which Triarc has owned a controlling interest insince July 2004. Costs and expenses for the year also increased,expanding to $759.41 million from $325.84 million in 2004.