Super Group Rascal Flatts Serves Up Restaurant Endeavor
Arizona businessmen at the heart of Country Superstars Restaurant Venture Phoenix, AZ (RestaurantNews.com) Country music superstars Rascal Flatts are getting…
Tag: Restaurant Financials
Bloomin’ Brands, Inc. Completes Its Initial Public Offering
Tampa, FL (RestaurantNews.com) Bloomin’ Brands, Inc. (Nasdaq:BLMN), today announced that it has completed its initial public offering of 16,000,000 shares…
CKE Inc. Postpones Initial Public Offering
Carpinteria, CA (RestaurantNews.com) CKE Inc. (the “Company”) announced today that due to market conditions it has determined not to proceed…
Wendy’s transformation push starts to take hold
The Wendy’s Co.’s push to transform itself as a higher-end hamburger chain is showing early signs of taking hold. The…
Cracker Barrel Board Succession Process Continues
Executive Chairman Michael A. Woodhouse to Retire in November James W. Bradford to Succeed as Independent Chairman of the Board…
Restaurants Blame Weak Consumer Confidence for Sales Slowdown
Several typically-resilient U.S. restaurant chains are putting a face on the nation’s slower economic growth, reporting a pullback in customer…
CKE Inc. Launches Initial Public Offering
Carpinteria, CA (RestaurantNews.com) CKE Inc. (the “Company”) announced today that it has commenced an initial public offering of 13,333,334 shares…
New Boutique Steakhouse, S PRIME Opens in Long Island City
Long Island City, NY (RestaurantNews.com) S Hospitality Group is pleased to announce their latest endeavor, boutique steakhouse S PRIME. Located…
Benihana Announces End of “Go-Shop” Period
Miami, FL (RestaurantNews.com) Benihana Inc. (NASDAQ: BNHN) (“Benihana” or the “Company”), operator of the nation’s largest chain of Japanese theme…
Wendy’s Reports Positive Preliminary 2012 Second Quarter Same-Store Sales; Reaffirms Outlook for Adjusted EBITDA from Continuing Operations of $320 million to $335 million
Company to Highlight Image Activation, Other Initiatives at June 28 Investor Day Dublin, OH (RestaurantNews.com) The Wendy’s Company (NASDAQ: WEN)…
Granite City Food & Brewery Completes $6.5 Million Equity Financing with Concept Development Partners
Fifth Third Line of Credit Increased from $10 million to $12 Million Minneapolis, MN (RestaurantNews.com) Granite City Food & Brewery…
Captain D’s Continues Historic Same-Store Sales Turnaround – Generates 8.5% Q2 Gain
Results Showcase Fast Casual Seafood Chain’s Ability to Innovate and Evolve Customer Experience Nashville, TN (RestaurantNews.com) Captain D’s successful turnaround…
Good Times Restaurants Inc. Reports Entering into Stock Purchase Agreement for the Sale of $2 Million of Preferred Stock
Golden, CO (RestaurantNews.com) Good Times Restaurants Inc. (GTIM) (“Good Times” or the “Company”) today announced that it has entered into…
CKE Restaurants, Inc. Announces Partial Redemption of 11.375% Senior Secured Second Lien Notes Due 2018
Carpinteria, CA (RestaurantNews.com) CKE Restaurants, Inc. (the “Issuer”) today announced that it has instructed Wells Fargo Bank, National Association, as…
Is McDonald’s Growth Era Over?
The world’s largest restaurant chain is showing signs of tarnish on the Golden Arches. Goldman Sachs downgraded shares of McDonald’s…
Concept Development Partners Agrees to Invest Additional $6.5 Million in Granite City Food & Brewery
Minneapolis, MN (RestaurantNews.com) Granite City Food & Brewery Ltd. (NASDAQ:GCFB) today announced that it has entered into a stock purchase…
Cracker Barrel Announces Next Steps in Continuing Board Succession Process
Two New Directors Appointed to Board Directors B.F. “Jack” Lowery and Robert V. Dale to Retire at End of Current…
Carrols Restaurant Group, Inc. Completes Refinancing
Syracuse, NY (RestaurantNews.com) Carrols Restaurant Group, Inc. (NASDAQ: TAST) announced today that it closed its previously announced offering of $150…
Benihana to Be Acquired by Angelo, Gordon & Co.’s Private Equity Group for $296 Million
Stockholders to Receive $16.30 Per Share in Cash in Successful Conclusion to Strategic Review Miami, FL (RestaurantNews.com) Benihana Inc. (NASDAQ:…
Jack in the Box Inc. Refranchises 37 Restaurants in the Seattle Area
San Diego, CA (RestaurantNews.com) Jack in the Box Inc. (NASDAQ: JACK) today disclosed the details of two refranchising transactions that…
CKE Inc. Files Registration Statement for Proposed Public Offering of Common Stock
Carpinteria, CA (RestaurantNews.com) CKE Inc., (“CKE,” formerly CKE Holdings, Inc.) the parent company of CKE Restaurants, Inc., announced today it…
Noble Roman’s Completes Refinancing; Lowers Effective Interest Rate
Indianapolis, IN (RestaurantNews.com) Noble Roman’s, Inc. (OTCBB:NROM), the Indianapolis based franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs,…