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Financing

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

Financing

The restaurant industry has an immigration problem

By Jonathan Maze on Jan. 23, 2026

The Bottom Line: The Trump Administration’s immigration enforcement policy is closing restaurants and hurting operators. But that’s nothing compared to the long-term impact it will have on sales and labor costs.

Financing

New U.S. food pyramid points to Fogo de Chão, CEO says

 By Joe Guszkowski on Jan. 22, 2026

The Brazilian steakhouse chain is in a prime position to meet changing consumer habits, including more protein and greater use of GLP-1s, Barry McGowan said.

Financing

Smithfield Foods is buying Nathan's Famous for $450M

By Jonathan Maze on Jan. 22, 2026

The Chinese pork producer will be buying the hot dog maker and owner of the Nathan’s Famous chain for $102 per share.

Financing

A lot of restaurant chains announced closures last year

By Jonathan Maze on Jan. 22, 2026

The Bottom Line: Several restaurant chains either announced or were reported to have closed locations as brands look to reset their asset base following a tough year for sales and profitability.

Financing

Steak n Shake's owner wants to raise $500M in a stock sale

By Jonathan Maze on Jan. 21, 2026

Biglari Holdings, whose stock has doubled over the past year, has filed to sell 11.5 million shares to provide the company with a “strategic reserve.”

Financing

OneRyan Global acquires a controlling stake in Mr. Gatti's Pizza

By Jonathan Maze on Jan. 21, 2026

The Texas-based pizza buffet chain is being sold to a family office investment firm of tax consultant Brint Ryan.

Financing

Famous Dave's wants to put more restaurants under one roof

By Joe Guszkowski on Jan. 21, 2026

The casual-dining barbecue chain is co-branding with sister concepts Papa Murphy’s and Cold Stone Creamery with the goal of generating more sales from the same footprint.

Financing

A lot of burger chains are doing just fine

By Jonathan Maze on Jan. 21, 2026

Data from Five Guys, Shake Shack, Steak n Shake and others point to a resurgence of the burger last year despite problems at many fast-food chains.

Financing

Why consumers' views on value are changing

By Jonathan Maze on Jan. 21, 2026

A Deeper Dive: This week’s episode of the restaurant finance podcast features Jen Meyers, growth strategy leader for the restaurant practice at Alvarez & Marsal, talking about consumer views on restaurants.

Financing

Jersey Mike's CEO Charlie Morrison doesn't want to ruin a good thing

By Jonathan Maze on Jan. 20, 2026

The Bottom Line: The fast-food sandwich chain’s chief executive acknowledges that consumers are paying close attention to any changes the company makes under its new owners.

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