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Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

Wienerschnitzel finds the consumer shift to its liking

The company’s sales have thrived during the pandemic as consumers sought out drive-thrus and comfort food.

Financing

Sardar Biglari loses another Cracker Barrel proxy vote

Raymond Barbrick didn’t get nearly enough votes for a seat on the family chain’s board, Biglari’s fifth such proxy loss, says RB’s The Bottom Line.

The Italian coffee brand said the private equity firm will be able to help its international expansion.

Cofounder and CEO Zach McLeroy details the investment in this week’s episode of the RB podcast “A Deeper Dive.”

The casual chain says its debt load is $220 million lighter, with no repayments due near-term.

The auction will run through Jan. 14.

The private equity-owned operator will buy the locations in Virginia and West Virginia.

Even facing a winter of additional shutdowns and a potential double-dip recession, investors are betting on restaurants. But only certain sectors, says RB’s The Bottom Line.

T. Rowe Price, D1 Capital Partners, Lone Pine Capital and XN have all invested in the fast-casual taco chain, which plans to expand to 10 more states by 2024.

Vaccinations could be available next month after Pfizer and BioNTech request emergency authorization, but it could be a while before customers come back.

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