Finance

Beverage, Finance, News, Story

Starbucks’ Turnaround Gains More Steam as Sales and Transactions Rise

Starbucks may indeed be back. During its fiscal Q2, the coffee giant saw growth in its top and bottom line for the first time in more than two years. North America and U.S. same-store sales rose more than 7 percent in the quarter, fueled by more than 4 percentage points of transaction growth—a level Starbucks […]

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Employee Management, Fast Casual, Finance, News, Women in Restaurant Leadership

Starbird Names Stefanie Lee CFO

Starbird, the San Francisco-based chicken concept, has appointed Stefanie Lee as chief financial officer. The hire adds a seasoned financial executive to a leadership team that is rapidly building out as the brand continues its national expansion. The appointment follows a series of momentum-building moves for Starbird, including the recent appointment of Greg Levin as chief […]

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Employee Management, Fast Casual, Finance, News, pizza

Mountain Mike’s Appoints Ryan Lulow as CFO

Mountain Mike’s Pizza, a leading family-style pizza chain for nearly 50 years, and home of the legendary crispy, curly pepperoni, massive 20-inch Mountain-sized pizzas and dough made fresh daily, has appointed Ryan Lulow as Chief Financial Officer (CFO). Previously, Lulow served as Mountain Mike’s Controller in 2020 and was promoted to Vice President of Finance […]

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Fast Food, Finance, Franchising, Growth, News, pizza, Story

Domino’s Says Pizza Rivals Can’t Sustain Value War

Domino’s Q1 didn’t meet expectations. U.S. comps rose just 0.9 percent, lifted by marketing promotions, third-party delivery, and positive order counts and average ticket, offset by negative menu mix. Carryout same-store sales increased 2.4 percent while delivery fell 0.3 percent. Although the quarter began in the right direction, sales softened as consumer sentiment declined to […]

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Burgers, Fast Food, Finance, Legal, News, Story

77-Unit Hardee’s Franchisee Files Chapter 7 Bankruptcy Amid Legal Fight with Franchisor

ARC Burger—the private equity-backed operator that ran 77 Hardee’s restaurants across nine states—filed for Chapter 7 bankruptcy, signaling a full liquidation amid its high-profile legal battle with the burger giant. The move comes after all the restaurants closed permanently in December. The stores were in Alabama, Florida, Georgia, Illinois, Kansas, Missouri, Montana, South Carolina, and […]

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Fast Food, Finance, News, Story

McDonald’s U.S. Growth Spurt is Officially On

Through all the noise and challenges to reset value amid inflation, there were rumblings of McDonald’s slowly gearing up for U.S. development out of the pandemic. In 2022, it reported stateside net growth for the first time in eight years, rising by 19 stores. The following year, McDonald’s expanded by a net of two locations. […]

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Fast Food, Finance, Franchising, News, Story

Report: Papa Johns and Pizza Hut Near Potential Take-Private Deals

Papa Johns and Pizza Hut are reportedly getting closer to being sold, according to Reuters. In both cases, a solidified deal would take the companies private. Pizza Hut has traded on the stock market since 1972, while Papa Johns has been public for nearly 33 years. For Papa Johns, the interest comes from Irth Capital […]

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Fast Casual, Finance, Franchising, News

Teriyaki Madness Earns 28 Percent Sales Increase in Q1

Teriyaki Madness (TMAD), the Seattle-style teriyaki franchise kicked off 2026 with a 28 percent year-over-year increase in systemwide sales for the chain with over 200 teriyaki shops across the country making this one of the highest first-quarter growth performances in the fast casual industry.  Fueled largely by existing franchisees expanding their footprints and referring friends and […]

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Fast Casual, Fast Food, Finance, News, Sandwiches, Story

Jersey Mike’s Reported Another Year of Growth in 2025

In a lot of respects, it’s been a stretch of change for Jersey Mike’s, a brand that had the same CEO for five decades until former Wingstop, Pizza Inn, and Salad and Go leader Charlie Morrison took over just about a year ago. And that was five months post-sale to private-equity behemoth Blackstone for a […]

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Fast Food, Finance, Franchising, Growth, News, Story

Tiger Global Backs PopUp Bagels at $300M Valuation

Investment firm Tiger Global has reportedly invested in PopUp Bagels at a $300 million valuation, according to Bloomberg. The publication said the valuation is about five times what the QSR chain was quoted at in October, when Stripe became majority owner. The agreement was finalized in March. The exact investment amount wasn’t disclosed; however, private […]

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