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finance

Financing

Former Marco’s Pizza executives create a restaurant ‘farm system’

Pivotal Growth Partners adds Vitality Bowls and Conrad’s Grill to its portfolio of brands it seeks to help reach their next level of growth.

Financing

Luckin Coffee shares surge on its IPO

The fast-growing Chinese chain raises more than $570 million in its U.S. offering.

Financing

Jack in the Box takes itself off the market

By Jonathan Maze on May. 15, 2019

The company’s board also backed CEO Lenny Comma and said it plans to refinance its debt and buy back shares.

Financing

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

By Jonathan Maze on May. 14, 2019

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

Financing

Whataburger looks for an investor

By Jonathan Maze on May. 09, 2019

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.

Financing

Tilman Fertitta wants to take another company public

By Jonathan Maze on May. 07, 2019

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

Financing

Kona Grill files for bankruptcy protection

By Jonathan Maze on May. 01, 2019

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.

Financing

McDonald’s reports strong sales, thanks to Donut Sticks and bacon

By Jonathan Maze on Apr. 30, 2019

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

Financing

No, Domino’s won’t use third-party delivery

By Jonathan Maze on Apr. 24, 2019

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.

Financing

5 takeaways from the Beyond Meat IPO filing

By Jonathan Maze on Apr. 23, 2019

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.