At Raising Cane's, strong financial performance with a bit of risk
The fast-casual chicken tenders chain has thrived coming out of the pandemic with strong sales, traffic and earnings. But it spends a lot on growth, according to bond ratings agencies, and its menu is a risk.
A small Florida chain files for bankruptcy and blames the pandemic
Icebox Cafe, which operates four restaurants plus some vending machines, said dealings with “aggressive lenders” had a role in its filing.