The company is comprised of about 3,600 restaurants. In thesecond quarter, the company opened 28 new units and closed 13.System-wide, same-store sales were essentially unchanged in firsthalf of 2007, versus a 2% increase in the 2006 Q2, said thecompany. Same-store sales for company-owned stores dropped 2% inthe first half of the year, due to deterioration of economicconditions in the Michigan and Ohio regions, and poor weatherconditions in the northern and central regions of the US in Q12007, company officials said.

Also, facilities relocation and corporate restructuring chargeswere $79 million in the company's Q2, related to a settlement withthe former chairman and CEO, Nelson Peltz, who resigned as of June29, as well as similar settlements with the former vice chairman,president and CO, and payments due to another former seniorexecutive. Peltz, a billionaire investor, is now a non-executivevice chairman at Triarc. In past months, he has been talking aboutacquiring the Wendy's chain.

Triarc also expects to complete the sale of its controllinginterest in its asset management business, Deerfield, in the thirdquarter. As part of this sale, Triarc officials said in thestatement that the company will change its name, and beginoperating from its Arby's Restaurant Group office in Atlanta.