Restaurant Finance News and Trends

News, trends, and advice on economic indicators, availability of capital, investment potential, franchise opportunities, and financial metrics in foodservice, full-service restaurants, and the hospitality industry.

 

EatStreet Secures Capital as Competitors Race to IPOs

EatStreet, the online and mobile food-ordering service in more than 75 U.S. cities, secured $6 million in Series B funding with participation from Cornerstone Opportunity Partners, Independence Equity,...

Darden Shareholder Details Objections to Red Lobster Spinoff Darden Shareholder Details Objections to Red Lobster Spinoff

One of the largest shareholders of Darden Restaurants issued an investor presentation detailing its concerns with the proposed separation of Red Lobster, announced Dec. 19, 2013.The investment group,...

RPI Remains Steady Despite Dampened Traffic Levels

Although challenging weather conditions in many parts of the country continued to impact customer traffic in February, the National Restaurant Association’s Restaurant Performance Index (RPI) remained...

Vulcan Announces Corporate Sponsorship with ICCA

Vulcan, a leading commercial cooking equipment provider, is now a 2014 Corporate Sponsor of the International Corporate Chefs Association (ICCA). The ICCA is the first association designed exclusively...

Diversified Restaurant Holdings Secures Development Credit  Diversified Restaurant Holdings Secures Development Credit

Diversified Restaurant Holdings, Inc. the creator, developer and operator of the unique, full-service, ultra-casual restaurant and bar Bagger Dave's Burger Tavern and one of the largest franchisees...

Winter Weather Dampened February Sales Winter Weather Dampened February Sales

Applied Predictive Technologies (APT) announced that U.S. restaurant sales for the month of February fell 0.6 percent nationwide. But despite the overall February decline, the APT Index, which compares...

Diversified Restaurant Holdings Sales Hit $109 Million

Sales increase 40% for Bagger Dave's owner and BWW franchisee.

Ignite Restaurant Group Reports Mixed Results for Fiscal Year 2013 Ignite Restaurant Group Reports Mixed Results for Fiscal Year 2013

Ignite Restaurant Group reported mixed financial results for the fourth quarter and fiscal year ended December 30, 2013. Total revenues were $760.8 million, including $261.7 million associated with Romano's...

Restaurant Performance Index Edged Up in January

Driven by restaurant operators’ more optimistic outlook for future business conditions, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a modest gain in January. ...

Darden Reports Lower Earnings for Third Quarter Darden Reports Lower Earnings for Third Quarter

Darden Restaurants today reported that it anticipates lower earnings for the third quarter, ending February 23, 2014, citing diminished sales and higher direct costs associated with more severe winter...
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