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Financing

Noodles & Company faces possible delisting (again)

 By Lisa Jennings on Jun. 26, 2025

The fast-casual chain's stock price has fallen too low and is out of compliance with Nasdaq rules. It's the second time in six months the chain has been warned.

Technology

Coco Robotics raises $80M to scale up autonomous delivery fleet

 By Joe Guszkowski on Jun. 12, 2025

The funding will allow the tech company to have thousands of delivery robots on the ground in multiple cities by the end of the year.

Leadership

Texas Roadhouse CFO Chris Monroe leaves the company

By Joe Guszkowski on Jun. 10, 2025

The former Southwest Airlines executive had been with the casual-dining steakhouse chain for two years. VP of Finance Keith Humpich was named interim CFO.

Financing

2024 was a tough year for restaurants, and for CEO pay

By Jonathan Maze on Jun. 06, 2025

The median pay package for top executives at publicly traded restaurant chains declined last year, reflecting broader industry challenges and stock weakness. But some CEOs still made out well.

Financing

Hooters closes about 30 more locations following bankruptcy

By Joe Guszkowski on Jun. 05, 2025

The closures leave the casual-dining breastaurant chain with about 200 U.S. locations as it prepares for a sale to a pair of franchisees.

Financing

Roark Capital acquires Dave's Hot Chicken for $1B and eyes international growth

By Lisa Jennings on Jun. 02, 2025

The fast-casual chain went from parking-lot popup to 10-digit deal in eight years. As the "rock star" in the private-equity firm's deep restaurant portfolio, Dave's executives say they are driving toward a potential IPO.

Financing

Red Robin's profits soar, and so does its stock

By Joe Guszkowski on May 30, 2025

The casual-dining burger chain more than doubled its earnings before interest, taxes, depreciation and amortization, or EBITDA, in the first quarter. Its stock price doubled as well.

Financing

Darden-owned Bahama Breeze closes 15 locations

By Joe Guszkowski on May 21, 2025

The closures of underperforming stores leave the Caribbean-inspired casual-dining chain with about 30 locations. Darden also closed a few locations in its Seasons 52 and Eddie V’s concepts.

Financing

Krispy Kreme is sued over its McDonald's partnership delay

By Jonathan Maze on May 19, 2025

The doughnut chain is being accused of making misleading statements on the sale of doughnuts inside McDonald’s restaurants after its delay caused shares to plunge.

Financing

Companies shift to cost-cutting mode amid post-pandemic challenges

By Jonathan Maze on May 15, 2025

The Bottom Line: Recent moves by Krispy Kreme and Jack in the Box highlight the profit challenges some restaurant chains are having and suggest boards and investors are losing patience.

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