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Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

Red Robin sells 9 stores for $29M in sale-leaseback deal

 By Joe Guszkowski on Jun. 05, 2023

The chain will use the proceeds to repay debt, fund capital projects and buy back stock. It hopes to do the same with other restaurants.

Financing

Papa Johns signals a shift in its U.K. strategy with 91-store acquisition

 By Jonathan Maze on Jun. 05, 2023

The pizza chain is acquiring restaurants from a franchisee, believing that operating its own locations in the market will improve sales over the long term.

Financing

Cava aims for $2.1B valuation with IPO

By Lisa Jennings on Jun. 05, 2023

The Washington, D.C.-based chain priced its shares between $17 and $19, which would raise more than $274 million.

Financing

Cash Flow and Beyond: Why Credit Cards Should Be The First Choice For Business Payments

Sponsored content from our partner U.S. Bank on Jun. 05, 2023

If a company has been around awhile, there’s a good chance there are still some manual processes lingering. Businesses might still be writing checks, sending payments out via mail and juggling paper r...

Financing

An Applebee's franchisee is buying Corner Bakery for $15M

By Jonathan Maze on Jun. 02, 2023

SSCP Management, owner of Roy’s and a co-owner of Cici’s, won a bankruptcy auction for the fast-casual bakery/café chain.

Financing

Yum Brands CEO David Gibbs doesn't get his company's stock price decline

By Jonathan Maze on Jun. 02, 2023

The Bottom Line: The owner of Taco Bell, KFC, Pizza Hut and Habit has declined as much as 10% since reporting what Gibbs called a “blowout” first quarter. And the company argues that it could easily weather a downturn.

Financing

In a tough year for restaurants, CEO pay took a big hit

By Jonathan Maze on Jun. 01, 2023

The highest-paid executive last year wasn't even a CEO, and three of the 10 best-paid chief executives no longer work for their companies.

Financing

'Cook-it-yourself' Asian chain GEN Korean BBQ plans an IPO

By Jonathan Maze on May 31, 2023

The 32-unit concept, started by a pair of longtime restaurateurs including the former owner of Baja Fresh, plans to raise $25 million in an initial public offering.

Financing

Pinstripes bowling and bistro concept lands investment from Granite Creek Capital

By Joe Guszkowski on May 31, 2023

The 13-unit eatertainment chain will use the funding to finance new restaurants as it makes a growth push.

Financing

Why breakfast is the key to Burger King's future

By Jonathan Maze on May 31, 2023

The Bottom Line: The burger chain’s unit volumes have lagged its competitors. One reason has been a morning daypart that hasn’t quite lived up to expectations. Can the brand’s new management fix it?

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