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X @Bloomberg
Bloomberg· 2026-01-27 03:14
FAT Brands, the owner of restaurant chains Fatburger, Johnny Rockets and Twin Peaks, sought bankruptcy after failing to make interest payments due in October on some of its $1.2 billion in debt. https://t.co/OvtO8dngFh ...
Twin Hospitality Group Files Voluntary Chapter 11 Petitions to Strengthen Capital Structure
Globenewswire· 2026-01-27 02:55
Core Viewpoint - Twin Hospitality Group Inc. has initiated voluntary chapter 11 proceedings to restructure its balance sheet and enhance stakeholder value while continuing operations of its restaurant brands [1][2][3] Company Overview - Twin Hospitality Group Inc. operates specialty casual dining concepts, including Twin Peaks and Smokey Bones, aiming to redefine the casual dining experience [2][5] - Twin Peaks, founded in 2005, has 114 locations across the U.S. and Mexico, known for its sports bar atmosphere and diverse menu [6] - Smokey Bones specializes in barbecue and offers a full-service dining experience with a variety of beverages [7] Chapter 11 Proceedings - The chapter 11 process is expected to allow Twin Hospitality to strengthen its financial position and create flexibility for future growth [3] - The company plans to maintain normal operations during the bankruptcy process, ensuring continued service to customers and support for franchise partners and employees [2][3] - Legal and financial advisors have been appointed to assist in the restructuring process, including Latham & Watkins LLP as legal counsel and GLC Advisors & Co., LLC as investment banker [4]
FAT Brands Inc. Files Voluntary Chapter 11 Petitions to Bolster Capital Structure
Globenewswire· 2026-01-27 02:51
Core Viewpoint - FAT Brands Inc. has initiated voluntary chapter 11 proceedings to restructure its balance sheet, enhance stakeholder value, and support brand growth [1][3]. Group 1: Company Overview - FAT Brands operates a portfolio of 18 restaurant concepts with over 2,200 locations globally, including well-known brands like Fatburger and Johnny Rockets [2][5]. - The company aims to maintain normal operations during the chapter 11 process, ensuring continued service to customers and support for franchise partners and employees [2][3]. Group 2: Management Statements - CEO Andy Wiederhorn emphasized the resilience of the brand portfolio in a challenging environment and expressed confidence in long-term profitability and growth [3]. - The chapter 11 process is viewed as an opportunity to strengthen the capital structure and engage with stakeholders on a value-maximizing plan [3]. Group 3: Legal and Advisory Support - Latham & Watkins LLP is providing legal counsel, while GLC Advisors & Co., LLC serves as the investment banker, and Huron Consulting Services LLC acts as the financial advisor [4].
Jim Cramer on Starbucks: “It Can’t Keep Climbing Unless the Numbers Are Insanely Strong”
Yahoo Finance· 2026-01-27 02:33
Starbucks Corporation (NASDAQ:SBUX) is one of the stocks in focus as Jim Cramer shared his weekly game plan. Cramer believes that the stock is “wildly overbought,” as he said: CNBC Investing Club members, look out. You’re going to be flooded with emails Wednesday because Charitable Trust holdings, Danaher, Starbucks, GE Vernova, Microsoft, Meta, and Corning all report. Let me give you a preview… Starbucks is an oddity. It reports on Wednesday and then has an analyst investor day, what’s called an investor ...
Starbucks Reports CEO Brian Niccol Earned $31 Million In 2025
Www.Ndtvprofit.Com· 2026-01-27 01:01
Compensation Overview - Starbucks CEO Brian Niccol's total compensation for fiscal 2025 was $31 million, a significant decline from $96 million in fiscal 2024 [1][2] - The 2025 compensation package included a $5 million bonus and nearly $20 million in stock awards, reflecting a decrease in performance-based incentives due to stock performance [2][4] Leadership and Strategy - Niccol, who became CEO in September 2024, aims to rejuvenate growth at Starbucks through a strategy called "Back to Starbucks," which has shown some initial positive results [3] - Despite the strategy, Niccol has not yet fully convinced investors of its effectiveness [3] Stock Performance - Starbucks stock experienced a 7.7% decline in 2025, marking the fourth consecutive annual decline, which impacted Niccol's performance-based compensation [4] - The company reported comparable sales growth for the first time in a year and a half, driven by strong international operations [4] Upcoming Financial Reporting - Starbucks is set to report its fourth-quarter earnings soon, with an investor presentation expected to outline financial targets for the first time under Niccol's leadership [5]
今年年夜饭 主打体验感
Xin Lang Cai Jing· 2026-01-26 21:05
□四川日报全媒体记者 王密农家坝坝宴兴起中高端套餐火爆外卖自助受欢迎"妈,今年年夜饭咱不去酒店了,我订 了个农家乐的刨猪宴!"距除夕不到一个月,成都市民刘磊兴奋地在家庭群里宣布。消息刚发,群里立马被点赞和 好奇追问刷了屏——今年除夕,他们要去新都区新繁街道的一家农家乐团年。这并非个例。春节临近,成都的年 夜饭市场里,一股"下乡过年"的新潮流悄然兴起,重新定义着年夜饭的仪式感。从"吃顿饭"到"过个年":体验感 成消费决胜场"除夕中午和晚上的包间,一个月前就订满了,现在只有大厅还有少量位置。"1月20日,记者致电成 都餐饮老字号盘飧市春熙路店,前台人员的答复印证了今年成都年夜饭市场的火爆。据了解,盘飧市自去年12月 启动年夜饭预订,十余个包厢便被抢订一空,目前仅剩部分错峰时段的大厅席位可供"捡漏"。同样预订火爆的还 有黑珍珠餐厅许家菜。该餐厅推出了5988元、6988元、8988元三档年夜饭套餐,截至记者发稿时,除夕晚上的包 厢已全部订满,仅中午时段有少量包厢可订。记者走访发现,今年成都城区年夜饭预订普遍提前了1—2个月,中 高端套餐成为消费主力。城市餐饮预订火爆同时,郊区农家乐也成为不少家庭团年的选择。新繁街道 ...
X @The Wall Street Journal
Brian Niccol plowed millions of dollars into improving customers’ Starbucks experience in his first year as CEO with a focus on barista training, and he isn’t done yet https://t.co/uj1VkfKGEf ...
Wall Street Lunch: The Biggest Restaurant Chain Hits The States (undefined:MXUGF)
Seeking Alpha· 2026-01-26 20:05
Company Overview - Mixue Ice Cream & Tea, founded in 1997, has become the world's largest restaurant chain by number of locations, surpassing McDonald's and Starbucks [2][3] - The company started as a small ice cream stall targeting students and budget-conscious consumers, and has since expanded its menu to include bubble tea, fruit tea, milk tea, and coffee [3] Expansion Strategy - Mixue has aggressively expanded overseas, particularly in Southeast Asia, operating thousands of locations in countries such as Indonesia, Vietnam, Thailand, Malaysia, and the Philippines [4] - Current growth plans focus on not only opening more shops but also strengthening its supply chain, including new production facilities in Hainan and Henan, and an international supply chain platform in Southeast Asia to support franchisees [4][5] U.S. Market Entry - The company made its North American debut with its first store in Los Angeles in December, followed by two locations in New York [5]
Chipotle Q4 earnings to reflect macro headwinds, menu innovation supports outlook
Proactiveinvestors NA· 2026-01-26 19:59
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
BJ’s Restaurants promotes Christopher Pinsak to COO
Yahoo Finance· 2026-01-26 19:24
Core Insights - Christopher Pinsak has been promoted to chief operating officer of BJ's Restaurants, having previously served as executive vice president and chief restaurant operations officer since September 2024 [1] - Pinsak has a long history with the company, joining in 2004 and holding various positions, including senior regional vice president and director of operations for Wood Ranch BBQ & Grill [2] - His appointment follows the recent naming of Lyle Tick as CEO, and the company has implemented a strategic plan focusing on core menu offerings, leveraging its Pizookie platform, simplifying operations, and enhancing the dining environment [3] Company Performance - BJ's Restaurants reported its fifth consecutive quarter of sales and traffic growth, along with its fourth consecutive quarter of profit expansion as of November [3]