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BurgerFi International Receives Approval of First Day Motions to Support Business Operations
Prnewswire· 2024-09-17 02:38
Secures Interim Approval to Access New Financing FORT LAUDERDALE, Fla., Sept. 16, 2024 /PRNewswire/ -- BurgerFi International, Inc. (NASDAQ: BFI, BFIIW) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining chain Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts, BurgerFi, today announced that it received interim Court approval of its "first day" motions designed to facilitate and ensure the continued and uninterrup ...
Restaurant chain BurgerFi files for Chapter 11 bankruptcy protection
CNBC· 2024-09-11 17:21
A BurgerFi location is seen on August 20, 2024 in Arlington, Virginia. BurgerFi filed for Chapter 11 bankruptcy protection on Tuesday, less than a month after it warned investors it had "substantial doubt" about its ability to operate. The company joins the growing list of restaurant chains that have resorted to bankruptcy to turn around their businesses, from Red Lobster to Buca di Beppo. Broadly, the restaurant industry has seen chains, independents and franchisees alike struggle with declining traffic an ...
BurgerFi International Files for Protection Under Chapter 11
Prnewswire· 2024-09-11 15:29
All 144 locations remain open and continue normal operations FORT LAUDERDALE, Fla., Sept. 11, 2024 /PRNewswire/ -- BurgerFi International, Inc. (NASDAQ: BFI, BFIIW) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining chain Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts, BurgerFi, announced today that it has filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in order to pre ...
Sink Your Teeth into BurgerFi's® $4 Double Cheeseburger on National Cheeseburger Day
Prnewswire· 2024-09-10 13:15
Celebrate on September 18 When You Purchase a Coca-Cola Freestyle Beverage FORT LAUDERDALE, Fla., Sept. 10, 2024 /PRNewswire/ -- September 18 marks the ultimate better burger lover's celebration as BurgerFi®, owned by BurgerFi International, Inc., gears up for its most beloved holiday – National Cheeseburger Day! To celebrate its iconic cheeseburger, guests who purchase a Coca-Cola Freestyle Beverage can enjoy a premium BurgerFi Cheeseburger for only $4. "Our signature premium angus cheeseburger is what the ...
Why Is BurgerFi International (BFI) Stock Up 71% Today?
Investor Place· 2024-07-26 12:14
This will have BurgerFi International paying $1.35 million to Lion Point Capital, LP. It will also see it issue the company 300,000 shares of Series A Preferred Stock. David Heidecorn, chairman of the board at BurgerFi International, said the following about the settlement news. "We are pleased to be putting this litigation matter with Lion Point firmly behind us. Our intention is to continue to explore strategic alternatives that we believe would be in the best interests of the Company and its stakeholders ...
BurgerFi to Consider Strategic Alternatives
Newsfilter· 2024-05-30 20:51
Designates David Heidecorn as successor to Ophir Sternberg as Chairman of the Board Enters retention agreements with executive leadership to ensure steady leadership FORT LAUDERDALE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ: BFI, BFIIW) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the Burg ...
BurgerFi to Consider Strategic Alternatives
GlobeNewswire News Room· 2024-05-30 20:51
Designates David Heidecorn as successor to Ophir Sternberg as Chairman of the Board Enters retention agreements with executive leadership to ensure steady leadership FORT LAUDERDALE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ: BFI, BFIIW) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the Burg ...
Bite Into National Hamburger Day at BurgerFi® With A $3 Burger
prnewswire.com· 2024-05-23 17:14
Core Insights - BurgerFi is promoting a special $3 Angus Beef double burger offer to celebrate National Hamburger Day on May 28, 2024, encouraging guests to purchase a Coca-Cola Freestyle Beverage to avail of this deal [1][2] - The company emphasizes its commitment to using premium, antibiotic-free ingredients and aims to provide a fun dining experience while capturing the spirit of cookouts [2] Company Overview - BurgerFi International, Inc. operates under the brand BurgerFi, which is chef-founded and dedicated to serving fresh, all-natural, and quality food across all locations [3] - The company offers various dining options including dine-in, pickup, and delivery, with online ordering available through its website and app [2][3]
BurgerFi Relaunches The Chicken Wars
prnewswire.com· 2024-05-21 12:10
Core Insights - BurgerFi is rebranding as ChickenFi, launching new chicken offerings including Fried and Grilled Chicken Sandwiches starting May 21, 2024 [1][2] - The company has expanded its chicken menu by 50%, introducing new products such as chicken sandwiches, grilled chicken salad bowls, and premium potato buns [2] - The new chicken sandwiches are prepared sous-vide for moisture and tenderness, and come with various toppings [2][3] Company Strategy - The rebranding aims to capitalize on the growing chicken market, positioning ChickenFi as a leader in both burgers and chicken [2] - The introduction of a loyalty program, V-Fi-P, offers members early access to special promotions [4] - The company is also promoting gift card sales with a bonus offer, enhancing customer engagement [5] Product Offerings - New menu items include Jumbo Chicken Wings, cage-free Chicken Tenders, and Grilled Chicken Bowls, providing more variety for customers [3] - A limited-edition Chicken + Waffles Shake is being introduced, available only at select locations [4]
BurgerFi(BFI) - 2024 Q1 - Earnings Call Transcript
2024-05-17 20:11
BurgerFi International, Inc. (NASDAQ:BFI) Q1 2024 Earnings Conference Call May 15, 2024 8:30 AM ET Company Participants Carl Bachmann - Chief Executive Officer Chris Jones - Chief Financial Officer Conference Call Participants Peter Saleh - BTIG Operator Good morning, and thank you for participating in today's conference call to discuss BurgerFi International's Financial Results for the First Quarter Ended April 1, 2024. Joining us today are Carl Bachmann, CEO, and Chris Jones, CFO. Following their remarks, ...