Financials: Page 2

  • A close up image of a red sign that says Fatburger
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    Wirestock via Getty Images
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    ‘This is not personal. It’s business’: Why an expert says the clock is ticking for Fat Brands’ CEO

    Andrew Wiederhorn’s days as CEO could be numbered if creditors successfully argue conflict of interests exist, bankruptcy expert Jerrold Bregman said.

    By • Feb. 23, 2026
  • An image ofa brick colored building with a logl of a red-headed girl with pigtails.
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    Courtesy of Wendy's
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    Wendy’s is ‘undervalued’ and could face takeover by Nelson Peltz

    The former Wendy’s board chair is considering taking action at the chain, where stock prices have fallen 60% over the past five years.

    By • Feb. 19, 2026
  • Jack in the Box
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    Justin Sullivan via Getty Images
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    Why Jack in the Box bets parking lot paint can cure sales

    The chain hopes improvements to product quality and restaurant cosmetics will reverse sliding same-store sales and help prepare for a full remodel program.

    By • Feb. 19, 2026
  • A Buggalo's and Fatbuger restaurant signs
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    Laser1987 via Getty Images
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    Fat Brands sued by lender over cash use during bankruptcy

    352 Capital contests Fat’s plan to use management fees and other cash under securitization receivables to fund operations during Chapter 11 proceedings.

    By • Feb. 19, 2026
  • An image of three people sitting at a table as another person serves them food on white plates.
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    SolStock via Getty Images
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    NRA: Restaurant, foodservice to surpass $1.5 trillion in sales

    While challenges related to the economy and food and labor costs will persist, the National Restaurant Association said operators are cautiously optimistic.

    By • Feb. 17, 2026
  • A daytime photogrpah of a white building that has an orange sign that says Popeyes Louisina Kitchen
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    Walter Cicchetti via Getty Images
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    Popeyes hopes restaurant-level reliability will turn sales around

    The chain, which saw comp sales decline by 4.9% in Q4, has already improved field engagement and targeted support for underperforming restaurants.

    By • Feb. 13, 2026
  • An image of a McDonald's with a sign in the forefront and a gray building in the background.
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    Ceri Breeze via Getty Images
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    How McDonald’s won back low-income diners

    Over a year after it began rolling out various value options, the chain is seeing improved scores on affordability and notched 6.8% comparable sales growth in the fourth quarter.

    By • Feb. 12, 2026
  • A close up image of a red sign that says Fatburger
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    Wirestock via Getty Images
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    ‘Personal attack’: Fat Brands cries foul over plan to oust CEO

    The Fatburger owner admitted to making a mistake in selling shares of Twin Hospitality without court approval, but argued the call for Andrew Wiederhorn’s removal should be denied.

    By • Feb. 10, 2026
  • A photograph of a person with a blue suit
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    Courtesy of HTeaO
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    HTeaO appoints Darden vet as CFO

    Chris Phillips, who also worked at Popeyes, will oversee finance and strategic planning as the Texas-based drive-thru chain grows past 150 units.

    By • Feb. 10, 2026
  • An image of a person wearing a suit with arms crossed and smiling. The person is in front of a wall with news clips in the background.
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    Permission granted by Fat Brands
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    Fat Brands CEO Andy Wiederhorn faces ouster by lenders

    The chief executive’s on-again-off-again tenure at Fat is under threat after a sale of Twin Hospitality stock, which creditors allege was irregular.

    By • Feb. 9, 2026
  • A photogrph of a bricked building with a white sign that says Bob Evans.
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    jetcityimage via Getty Images
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    Golden Gate Capital sells Bob Evans Restaurants

    Unit count declined over the past six years at the family dining chain, but new owner 4x4 Capital plans to maximize the brand’s long-term growth potential.

    By • Feb. 6, 2026
  • A photograph of a gray sign with a red box inside with white letters that says "Jack" under the box it says "in the box."
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    Justin Sullivan via Getty Images
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    Jack in the Box goes on defense in Biglari proxy battle

    The fast food chain is urging shareholders to reject an attempt from the activist investor to unseat the board chair.

    By • Feb. 5, 2026
  • McDonald's is promoting Luis Quintiliano, its managing director in Spain, to lead its US field operations.
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    Courtesy of McDonald's
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    McDonald’s appoints field, finance execs

    In addition to the naming Luis Quintiliano as U.S. field president, the Golden Arches is rotating responsibilities between two finance executives.

    By • Feb. 5, 2026
  • An exterior image of a Pizza Hut with bricks and red signage
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    Courtesy of Yum Brands/Pizza Hut
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    Pizza Hut to close 250 stores

    About 4% of the chain’s U.S. store system will close during the first half of this year as Yum Brands continues a strategic review of the ailing QSR.

    By • Feb. 4, 2026
  • An exterior shot of Twin Peaks restaurant
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    Permission granted by Fat Brands/Twin Peaks
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    Fat Brands gets dropped from Nasdaq amid bankruptcy

    Stocks will cease trading on Feb. 4, at which time they will begin selling on an over-the-counter market, where sales are typically managed by brokers.

    By • Feb. 2, 2026
  • An image of a Subway restaurant in Texas
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    Courtesy of Subway
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    A large Subway operator declares bankruptcy

    MTF Enterprises, which operates 43 units, alleges that Merchant Cash Advance lenders improperly interfered with its revenue, leading it to file for Chapter 11. 

    By • Feb. 2, 2026
  • A nighttime image of a beige building with a sign that says Fatburger open 24 hours.
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    anderm via Getty Images
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    3 reasons Fat Brands filed for Chapter 11

    Beyond its complicated debt situation, economic challenges and ongoing litigation worsened Fat’s financial stability.

    By • Jan. 28, 2026
  • A close up image of a red sign that says Fatburger
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    Wirestock via Getty Images
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    Fat Brands files for Chapter 11

    This move comes months after creditors pushed for it to pay $1.3 billion in debt, and marks the first major restaurant franchisor bankruptcy of 2026.  

    By • Updated Jan. 27, 2026
  • A beige building with a green sign and white lettering that says "Panera Bread."
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    Justin Sullivan via Getty Images
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    Panera pilots points-based rewards program

    The fast casual chain will test its latest iteration of MyPanera at 216 cafes across various markets, with a plan for a nationwide rollout later this year.

    By • Jan. 23, 2026
  • An image of a beige building with a logo that says Mr. Gatti's
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    Permission granted by Mr. Gatti's
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    Mr. Gatti’s sold to franchisee

    OneRyan Global, an investment firm that operates two Mr. Gatti’s units, will lead the company into its next phase of growth, including new units in Walmart and c-stores.

    By • Jan. 22, 2026
  • An image of a corner building with black signage that says Peet's Coffee.
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    Justin Sullivan via Getty Images
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    Peet’s Coffee is closing several stores this month

    This reduction comes amid a plan for parent company JDE Peet’s to merge with Keurig DrPepper, and is part of a business alignment focused on long-term growth and current market conditions.

    By • Jan. 21, 2026
  • Popeyes signage
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    Courtesy of Popeyes
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    Large Popeyes franchisee files for Chapter 11

    Sailormen, which operates 136 units across Florida and Georgia, faced growing losses and sales declines within the past 12 months amid high inflation and increased borrowing rates.

    By • Jan. 16, 2026
  • A close up image of a red sign that says Fatburger
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    Wirestock via Getty Images
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    Inside Fat Brands’ ‘complicated’ debt situation

    The Twin Peaks owner continues to negotiate with lenders, but with five loans and various creditors, CEO Andy Wiederhorn said it has been difficult to refinance and restructure.

    By • Jan. 14, 2026
  • A burger, a soda and a basket of chips.
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    Courtesy of Chili's
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    Restaurant winners and losers in 2025

    Chili’s, coffee brands and Taco Bell did well, while fast casual chains struggled and Sweetgreen saw its worst year as a public firm.

    By • Jan. 12, 2026
  • An image of a blue sign in the foreground says "Presto Hello! I'm your automated drive-trhoug ordering assistant." In the background, there are red menu signs and a speaker box for a Wienerschnitzel restaurant drive-thru.
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    Courtesy of Presto
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    Presto raises $10M in funding

    The drive-thru voice AI company, which spun off its tabletop business in 2024, will put the cash toward expansion, deployments and further innovation.

    By • Jan. 8, 2026