Finance / Investment News
Wetzel’s Pretzels ends 2021 on high note
March 3, 2022
Pasadena, California-based Wetzel's Pretzels had a record-setting 2021, posting a same store sales increase of 24% compare to 2019, according to a press…
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Wendy's revenue at $1.9B in 2021
March 1, 2022
Wendy's has released its financial results for the fourth quarter and full year 2021, according to a press release.
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Beyond Meat reports disappointing Q4
February 25, 2022
Beyond Meat reported a disappointing fourth quarter 2021, despite the brand's launch of KFC's Beyond Fried Chicken and McDonald's test of its highly…
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US Foods boosts Q4 and FY 2021 sales and earnings
February 21, 2022
US Foods Holding Corp. improved sales and earnings for Q4 and FY 2021, boosted by restaurant sales growth and double digit food inflation, according to an…
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Jack in the Box to buy Del Taco
December 6, 2021
Jack in the Box will acquire leading Mexican QSR chain Del Taco for $12.51 per share or $575 million, according to a press release.
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Restaurants face margin contraction, slower M&A in Q1 2022
November 10, 2021
With rising commodity prices, workforce shortages, and the need for higher expenditures to attract labor in a competitive market, the restaurant industry will…
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Yum Brands enjoys Q3 sales growth
October 28, 2021
Yum! Brands worldwide system sales grew 8% and 4% unit growth financial results in the third quarter ended Sept. 20, 2021, according to a press release.
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McDonald's enjoys same store sales growth in Q3
October 27, 2021
McDonald's shares have risen 11% this year, according to a CNBC report, as the Chicago-based burger chain saw same sales growth both domestically and…
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Global Restaurants International sales up 11% in Q3 2021
October 25, 2021
Restaurant Brands International, parent company to Tim Hortons, Popeyes and Burger King, has announced financial results for the third quarter ended Sept. 30…
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Odd Burger begins trading in US with OTC listing
October 8, 2021
Odd Burger Corp. has completed its listing on the U.S. trading market with its common shares being posted on the OTC (QB) under the symbol GBLYF.
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Krispy Kreme lays plans to go public
June 2, 2021
Longtime North Carolina-based doughnut QSR, Krispy Kreme, said it wants to go public and sell stock again. The company, owned by Europe's JAB Holding, relayed…
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Delight Restaurant Group buys 44 Long Island Wendy's
May 18, 2021
The Delight Restaurant Group has acquired 44 Wendy's Long Island-based restaurants in New York and has plans to build several Wendy's restaurants in the area…
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Nathan's partners with Ghost Kitchen Brands to drive footprint expansion
April 20, 2021
Nathan's Famous, Inc. is teaming up with Ghost Kitchen Brands to drive expansion with goals to open 60 non-traditional U.S. locations and 40 stores in Canada…
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SBA to have exclusive PPP loan application for small firms
February 22, 2021
Businesses with less than 20 employees can apply for coronavirus relief for 14 days starting Wednesday, according to a report in The Wall Street Journal.
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Taco Bell ticks up Yum Brands Q3 results
October 29, 2020
Yum Brands revealed third-quarter results Thursday that made clear the power of the Taco Bell brand for the Louisville, Kentucky-based company. Worldwide…
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Inspire Brands acquiring Dunkin' Brands?
October 26, 2020
Dunkin' Brands Group Inc., the parent company of Dunkin' and Baskin-Robbins, has confirmed that it held preliminary discussions to be acquired by Inspire…
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Yum China launches Hong Kong Stock Exchange public offering
August 31, 2020
Yum China Holdings Inc. is launching its Hong Kong public offering today, which a news release said forms part of the global offering of 41,910,700 new shares…
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Heftier check sizes boost Jack in the Box Q3 sales
August 6, 2020
Jack in the Box pulled out systemwide sales growth in the quarter that ended July 5 of 6.6%, driven by average check growth of 20.2%, though transactions were…
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Discover commits $5M to support Black-owned restaurants
July 6, 2020
Discover Financial Services has committed $5 million to provide assistance to Black-owned restaurants in the U.S. in the form of $25,000 grants for…
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A&W posts double-digit year-over-year May sales
June 11, 2020
Lexington, Kentucky-based A&W Restaurants posted a double-digit sales increase in May, compared with the year-ago period, with some franchise locations…
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