Finance

The latest restaurant sales trends, deals and investments.

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Wendy’s may withhold consent in Flynn-NPC deal: Report

Nov 16, 2020

Bankruptcy judge approves Flynn affiliates as stalking-horse bidder for burger, Pizza Hut locations

Rave Restaurant Group reports 34% Q1 revenues drop after company escapes Nasdaq delisting danger

Nov 13, 2020

The Pie Five and Pizza Inn parent company reported ‘encouraging’ start to FY 2021, and is no longer in danger of being delisted by the Nasdaq stock exchange

DoorDash releases IPO filing plans; reports net loss of $149 million

Nov 13, 2020

DoorDash has filed its IPO prospectus under the New York Stock Exchange ticker DASH; reported $1.9 billion in revenue through September

Orangetheory executive Kristy Chipman named chief financial officer of Ruth's Hospitality Group

Nov 12, 2020

Chipman, who previously held executive roles at McDonald's Corp. and Domino's Pizza, replaces Arne Haak at the end of the month

Fat Brands says 20% of its restaurants remain closed

Nov 11, 2020

Franchise concept, which acquired Johnny Rockets in Q3, faces COVID-19 challenges with amusement park, movie theater, shopping mall, casino and cruise ship locations

OPES Acquisition Corp. reports BurgerFi’s preliminary Q3 revenue of $9 million-$9.2 million

Nov 10, 2020

Acquisition corporation says targeted burger brand plans to open 6 restaurants in Q4

KSL Capital Partners invests in Uchi parent Hai Hospitality

Nov 09, 2020

Austin, Texas-based restaurant company foresees expansion with private-equity partnership