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finance

Financing

Outback’s owner puts itself up for sale

Bloomin' Brands said its stock price doesn’t reflect its performance and that it is exploring strategic alternatives, sending shares soaring.

Topics

Dine Brands unpacks Applebee’s, IHOP Q3 results

The assessments differ—in an unexpected way.

Financing

Chick-fil-A’s U.K. test location will not get a new lease

By Jonathan Maze on Oct. 18, 2019

The six-month pilot location, a test of its international expansion strategy, will reportedly lose its lease amid pushback from LGBTQ activists.

Financing

Mall developer buys a piece of Pinstripes

By Peter Romeo on Oct. 14, 2019

As part of the deal, Simon Property will provide the food and entertainment chain with leases to three locations, with more to follow.

Financing

Hooters operator is getting into the drug business

By Jonathan Maze on Oct. 11, 2019

Chanticleer Holdings is merging with a biotech company that develops cancer drugs and plans to spin off its restaurants.

Financing

Teens’ spending drops to lowest rate in 8 years

By Jonathan Maze on Oct. 08, 2019

Chick-fil-A remains the top brand among young consumers, according to a semiannual Piper Jaffray survey.

Leadership

Black Bear adds another infrastructure plank with CFO hiring

By Peter Romeo on Oct. 02, 2019

The addition of Steve Sparks, formerly CFO of Village Inn’s parent, narrows Anita Adams’ duties to president.

Financing

How big a check did Tilman Fertitta write for Del Frisco’s steakhouses?

By Peter Romeo on Oct. 02, 2019

New information shows he’ll dig deep for something he wants. And he apparently wanted these badly.

Financing

Arby’s owner Inspire Brands to acquire Jimmy John’s

By Jonathan Maze on Sep. 25, 2019

Founder Jimmy John Liautaud to step down as chairman as the sandwich chain is folded into the multi-brand company.

Financing

A noted short seller bets against Grubhub

By Jonathan Maze on Sep. 20, 2019

Investor Jim Chanos says that delivery margins are weak and may only get worse as costs rise and fees shrink, says RB’s The Bottom Line.

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