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On Thursday, El Pollo Loco Holdings Inc. announced the pricing of its initial public offering of 7,142,857 shares of common stock at $15 per share. According to a news release, in addition, El Pollo Loco has granted the underwriters a 30-day option to purchase up to an additional 1,071,429 shares.
Having your financial documents organized and up-to-date shows potential buyers you're on top of things.
Small business financing is a relatively new industry and not everyone you speak to is reputable.
Make good hiring decisions; mistakes can be costly since training new employees is a considerable investment.
Competition is offering merchants new ways to accept payments and this will lower fees over time.
All expenses at BK are examined line by line, person by person, for a discipline that has led to more efficiency.
A shutdown means the FDA will limit its activity to high-risk recalls; most routine food safety inspections will be suspended.
Restaurant finance exec predicts high-growth stories from customization concepts.
The brand will continue to work toward having fast casual-quality food and experience at a QSR price point.
Total unit growth for the Top 100 restaurant chains was 1.8 percent in 2012, the highest since 2007.
CIT's managing director says financing continues to open up for restaurant companies.
McDonald's Board of Directors declared a quarterly cash dividend of 81 cents per share of common stock payable on Sept. 16 to shareholders of record at the close of business on Sept.
El Pollo Loco, a chicken QSR based in California, has announced terms for its IPO. According to NASDAQ.com, the 401-unit chain plans to raise $100 million by offering 7.1 million shares at a price of $13 to $15. El Pollo Loco generated $319 million in sales for the 12 months ended March 31.
Dippin’ Dots Franchising LLC has announced the acquisition of kettle-cooked popcorn concept Doc Popcorn. Based in Boulder, Colo., Doc Popcorn’s franchise footprint includes nearly 100 franchise partners in 30 states, Japan, Mexico and Puerto Rico. "This acquisition represents a significant...
Quiznos today announced it has successfully completed its financial restructuring and emerged from Chapter 11. "Today marks the start of a new chapter for our company," CEO Stuart K. Mathis said in a news release.
Driven by stronger sales and traffic levels and an increasingly optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index rose to its highest level in more than two years. The RPI – a monthly composite index that tracks the health of and outlook for the U.S.
Arby’s Restaurant Group has entered into an agreement with Element Financial Corp. to help finance the brand’s remodeling program, announced earlier this month.
California-based El Pollo Loco Holdings Inc. has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined.
Franchising growth is expected to grow significantly this year, according to new reports. FRANdata, which has been analyzing franchising activity for more than 25 years, reports that demand for franchise units is expected to increase by more than 12 percent...
Popeyes Louisiana Kitchen has purchased the recipes it uses for many of its core menu items from Diversified Foods and Seasonings LLC. According to a news release, the purchase of the recipes was for $43 million, and was funded by...
Driven by improving same-store sales and customer traffic and a positive outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index rose for the second consecutive month. The RPI stood at 101.7 in April, up 0.3 percent from March...
McDonald’s CEO Don Thompson announced Wednesday that the company plans to return $18 billion to $20 billion to shareholders between 2014 and 2016, through a combination of dividends and share repurchases. This represents a 10- to 20-percent increase over the...
GE Capital’s Franchise Finance business announced today that it has provided $35.5 million in senior debt to Valenti Mid-South Management LLC, a Wendy’s franchisee based in Tampa, Fla. According to a news release, the funds will be used to refinance...
Earlier this week, McDonald’s board approved a quarterly cash dividend of 81 cents per share of common stock, payable on June 16 to shareholders of record at the close of business June 2. CEO Don Thompson and CFO Pete Bensen will participate in the Sanford Bernstein Strategic Decisions conference at 9 a.m.
The Wendy's Company has declared its regular quarterly cash dividend of $0.05 per share, payable on June 16 to shareholders of record as of June 2. According to a news release, the number of shares of common stock outstanding as...
Jack in the Box Inc. reported earnings from continuing operations of $18.3 million, or $0.43 per diluted share, for Q2, compared to $15.1 million, or $0.33 per diluted share, for the same period last year. CEO Lenny Comma said in...
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