finance

Leadership

Fat Brands CEO Andy Wiederhorn named CEO of Twin Peaks

The Twin Peaks chairman replaces Kim Boerema, who was let go after just six months on the job. The breastaurant chain has struggled since its IPO last January.

Financing

Restaurant company valuations took a big hit on Wall Street in 2025

The Bottom Line: Restaurant chain company stocks were hit hard last year as sales and traffic remained weak, and no sector was immune to the problem.

The Bottom Line: This week’s edition of the weekly restaurant finance newsletter looks at the latest in an ongoing evolution in the fast-food giant’s relationship with its franchisees.

The Bottom Line: Lawsuits, regulatory filings and our own reports paint a picture of a deepening financial problem at the owner of Fazoli’s, Fatburger and several other restaurant chains.

FSRs had plenty to celebrate as consumers rekindled their love for sit-down dining. But there were challenges too, including a steady stream of bankruptcies.

The casual-dining seafood chain said the job cuts affected less than 1% of its workforce and are intended to streamline operations and pave the way for long-term growth.

Consortium Brand Partners, Convive Brands, Eldridge Industries and Aurify Brands plan to lead the casual-dining chain into a new era of growth, with an eye on franchising and retail.

The restructuring comes after a difficult quarter for the family-dining chain, which is still reeling from its logo misstep, plus a tough economy. It expects a recovery to take some time.

Goode Partners made a strategic investment in the Florida-based wood-fired pizza brand with plans to help it grow within and outside of its home state.

First Watch is opening new restaurants faster than any other large full-service chain in the country. It just wishes more people would notice.

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