finance

Sweet Chick gets $5M from Chopt’s parent company

By Heather Lalley on May 19, 2022

Founders Table Restaurant Group, which also owns Dos Toros, will help the five-unit chicken-and-waffles concept grow in New York City, Los Angeles and beyond.

Financing

A recession is looking a lot more likely

By Jonathan Maze on May 19, 2022

A growing number of analysts and executives expect the economy to slow down or contract as the U.S. Federal Reserve raises rates. Here’s what it means for restaurants.

Leadership

Hawaiian Bros adds Breck Templeton as CFO

By Heather Lalley on May 19, 2022

The fast-growing, 30-unit plate lunch concept said Templeton will focus on fundraising to help the brand grow.

Financing

Multiconcept operator Ark Restaurants is looking to make an acquisition

By Heather Lalley on May 18, 2022

In a significant reversal of its pandemic struggles, the owner of 17 full-service restaurants and an equal number of quick-service ones said it had a great quarter and is looking at adding another concept to its fold.

Financing

Another bad day on Wall Street roughs up restaurant stocks

By Jonathan Maze on May 18, 2022

Stocks plunged once again amid economic worries after Target reported poor results. Restaurant stocks were hit particularly hard.

Financing

When chains go from sizzle to fizzle

By Peter Romeo on May 17, 2022

Restaurant Rewind: Dutch Bros’ stock price dropped 37% in a day last week. It’s far from the only public restaurant chain to go from an investor darling to a source of Wall Street consternation in one trading day. This week’s edition looks at two other examples.

Leadership