Private-equity group Oak Hill Capital partners with company management on buyout

Restaurant Brands International adds third brand

But investors cheer higher profits and the stock surges

Former Brinker International executive replaces Stuart Brown

Reflecting general improvements in consumer sentiment, Del Frisco's Restaurant Group Inc., with three higher-end concepts, is anticipating strong holiday private-dining bookings, executives said in an earnings call with analysts Tuesday...

Tully’s Coffee chain closed nine underperforming locations on Sunday following the Chapter 11 bankruptcy filing last week by parent company TC Global Inc...

Third-quarter corporate earnings reports have begun to roll in from restaurant industry bellwethers including Yum! Brands Inc. and Ruby Tuesday Inc., and Wall Street analysts have expressed both cautious optimism and concern surrounding the...

The company reported its first positive same-store sales results in seven quarters