Tag Archive | restaurant stocks

How Sally Smith Made Buffalo Wild Wings The Fastest-Growing Restaurant In America

When Sally Smith joined Buffalo Wild Wings in 1994, it was a fledgling regional chain with 35 restaurants. Under Smith’s leadership, the beer, wings, and sports mecca has transformed into a national powerhouse with 950 restaurants in the U.S. and Canada, and she has aggressive plans to take it global. […]

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New Look for Buffalo Wild Wings Debuts in Cincinnati

Buffalo Wild Wings, Inc. today unveiled its new design prototype in Ohio, where the restaurant chain got its start 30 years ago. The opening of its restaurant in Cincinnati features the new layout and restaurant design and marks a new milestone for the company, which opened its first location in […]

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Benihana Inc. Announces Completion of Acquisition

Benihana Inc. (previously traded as NASDAQ: BNHN) (“Benihana” or the “Company”), operator of the nation’s largest chain of Japanese theme and sushi restaurants, today announced the completion of its acquisition by funds advised by the Private Equity Group of Angelo, Gordon & Co. (“Angelo Gordon”).  Earlier today, Benihana’s public company […]

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Cracker Barrel Board Succession Process Continues

Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL) today announced the next phase of its planned Board succession process. Executive Chairman Michael A. Woodhouse will be resigning from that position in early November, prior to the Company’s annual shareholders’ meeting, and not stand for election as a Board member. Mr. […]

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Restaurants Blame Weak Consumer Confidence for Sales Slowdown

Several typically-resilient U.S. restaurant chains are putting a face on the nation’s slower economic growth, reporting a pullback in customer traffic growth in June as consumer confidence weakened–a trend that seems to have bled into July. Overall, U.S. economic growth pulled back during the second quarter, the Commerce Department said […]

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CKE Inc. Launches Initial Public Offering

CKE Inc. (the “Company”) announced today that it has commenced an initial public offering of 13,333,334 shares of its common stock at an anticipated public offering price between $14.00 and $16.00 per share. The Company is offering 6,666,667 of the shares and 6,666,667 are being offered by the sole stockholder […]

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New Look for Buffalo Wild Wings Unveiled This Week

With new logo comes new restaurant design to enhance Guest experience As it enters its 30th year, Buffalo Wild Wings is refreshing its look, restaurants and its commitment to the Guest experience. The restaurant – with roots on college campuses – has become a destination for sports fans over the […]

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Granite City Food & Brewery Completes $6.5 Million Equity Financing with Concept Development Partners

Granite City Food & Brewery Ltd. (NASDAQ: GCFB) today announced that it has completed its previously announced transaction with Concept Development Partners, LLC (“CDP”), its controlling shareholder, pursuant to which CDP invested an additional $6.5 million in exchange for 3,125,000 shares of Granite City’s common stock. Granite City also entered […]

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Cracker Barrel Announces Next Steps in Continuing Board Succession Process

Cracker Barrel Old Country Store, Inc. has announced the election of Tom Barr and Glenn Davenport to its Board of Directors, effective immediately. This election marks the next phase of the Company’s continuing Board succession process and brings the number of Cracker Barrel Board members to 13, 11 of whom […]

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Carrols Restaurant Group, Inc. Completes Refinancing

Carrols Restaurant Group, Inc. (NASDAQ: TAST) announced today that it closed its previously announced offering of $150 million of 11.25% senior secured second lien notes due 2018 (the “Notes”). The Notes are senior secured obligations of Carrols Restaurant Group and are guaranteed by its material subsidiaries. Concurrently with the closing […]

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Benihana to Be Acquired by Angelo, Gordon & Co.’s Private Equity Group for $296 Million

Benihana Inc. (NASDAQ: BNHN) (“Benihana” or the “Company”), operator of the nation’s largest chain of Japanese theme and sushi restaurants, today announced that it has entered into a definitive merger agreement with funds advised by Angelo, Gordon & Co.’s (“Angelo Gordon”) Private Equity Group in a transaction valued at approximately […]

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Frisch’s Announces Closing of the Sale of Its Golden Corral Business

Frisch’s Restaurants, Inc. (NYSE MKT: FRS) today announced the closing of the previously announced sale of all of its Golden Corral operations and real estate consisting of 29 restaurants in Ohio, Indiana, Kentucky, West Virginia and Pennsylvania to Golden Corral Corporation.  The purchase price for the sale is $49.8 million, before […]

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Noble Roman’s Completes Refinancing; Lowers Effective Interest Rate

Noble Roman’s, Inc. (OTCBB:NROM), the Indianapolis based franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs, today announced that it had completed the refinancing of its outstanding debt, significantly lowering its overall effective interest rate. On May 15, 2012, Noble Roman’s, Inc. entered into a $5 million credit agreement […]

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Noble Roman’s Announces First Quarter 2012 Earnings

Noble Roman’s, Inc. (OTCBB:NROM), the Indianapolis based franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs, today announced results for the quarterly period ended March 31, 2012. A summary of results for the three months ended March 31, 2012 compared to the same period in 2011 follows: Total revenue […]

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