finance

Financing

Sales surge at Chuck E. Cheese’s ahead of merger

The company said same-store sales increased 7.7% as all-you-can-play packages boosted sales.

Financing

Whataburger looks for an investor

The chain is reportedly looking to sell a stake in the business, suggesting the chain may be ready to speed its growth, says RB’s The Bottom Line.

The owner of Landry’s has formed a second public shell company and is raising $275 million to fund a deal.

The company closed an additional 15 locations and is up for sale, blaming overly aggressive growth, cost cuts and a stock buyback for its poor finances.

The company said its U.S. same-store sales rose 4.5% in the first quarter, but traffic is still down.

Third-party services’ growth hit the pizza chain’s same-store sales, but the company believes its unit development strategy will win in the long run.

The plant-based burger maker plans to raise more than $200 million in an initial public offering. Its filing details the market’s massive growth.

The fast-casual pizza chain has struggled with closing units and falling sales.

The struggling casual-dining chain appointed a restructuring specialist as CEO and said a bankruptcy filing is possible.

Despite favorable regulations, small companies still struggle to gain traction on the public markets, says RB’s The Bottom Line.

  • Page 55