OPINIONFinancing

Why Gen Restaurant Group may be the next Kura Sushi

The Bottom Line: The operator of Gen Korean BBQ will follow the successful Cava IPO with a small offering expected to raise $33 million. But investors have a surprising appetite for such concepts, which they demonstrated with Kura.

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Wendy's, whose chairman is an activist, may be getting an activist

The Bottom Line: Activist investor Blackwells apparently plans to nominate “several directors” to the burger chain’s board, according to Reuters.

Financing

Yes, there is such a thing as too fast in the quick-service world

The Bottom Line: In a world of digital orders and drive-thrus, friendly service actually matters more than speed.

Financing

BK franchisee Carrols goes from tragedy to triumph

The big Burger King franchisee has overcome a pandemic, inflation, questions about its future and the death of multiple executives to become the industry’s best turnaround story of 2023.