Financial News News & Media
Marco's names restaurant financial veteran, growth guru as CFO
May 7, 2019
Marco's Pizza said it has named former Granite City Food & Brewery CFO Jeffery Rager as chief financial officer for the expanding pizza chain as part of…
read nowWill John Schnatter sell his stake in Papa John's?
May 7, 2019
After stepping down from Papa John's board in March, Founder John Schnatter may step away from the brand entirely, according to a Reuters report.
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Domino's, Papa John's stocks tick up, possible good news en route for gas prices
by S.A. Whitehead — Food Editor, Net World Media Group
While stock values on the big brands played out their drama on the trading floor last week, crude production soared to levels not seen in nearly two years…
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Domino's, Yum, Papa John's, Papa Murphy's investors all up for bigger slices of the pies
by S.A. Whitehead — Food Editor, Net World Media Group
With tax time behind them and warm weather ahead, U.S. investors sent some spare change into pizza stocks last week, giving all four of the major publicly…
read nowDomino's turns in healthy Q1, US sales up 3.9%
April 24, 2019
Domino's Pizza Inc. Q1 2019 profits exceeded most analysts predictions when they posted Wednesday at $92.7 million, or $2.20 per share, which was up 10% over…
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Uncle Maddio's files bankruptcy with millions in liabilities
April 19, 2019
The parent company of Uncle Maddio's Pizza, Integrity Brands, filed for Chapter 11 bankruptcy protection late last week in U.S. Bankruptcy Court in Atlanta.
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Papa Murphy's stock soars post-acquisition announcement
by S.A. Whitehead — Food Editor, Net World Media Group
The stock value for Papa Murphy's soared up to late 2017 levels last week after Wall Street learned of the chain's pending $190 million acquisition with MTY…
read nowPapa Murphy's to be acquired for $190M by MTY Foods
April 11, 2019
Papa Murphy's has signed a $190 million definitive merger agreement with MTY Food Group Inc, a restaurant franchisor with nearly 6,000 stores in North America…
read nowChuck E Cheese will go public after merger
April 8, 2019
Chuck E. Cheese and Peter Piper Pizza parent company, CEC Entertainment, said today that it's going public again after merging with Leo Holdings, a company…
read nowTrump to nominate former Godfather's Pizza 'turnaround CEO' to Federal Reserve Board
April 5, 2019
Former Godfather's Pizza CEO and Republican presidential candidate Herman Cain is who U.S. President Donald Trump said he will nominate to fill a vacant spot…
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A tale of (investor) love regained: Papa John's crosses $50, Domino's stock soars
by S.A. Whitehead — Food Editor, Net World Media Group
Investors carried Papa John's stock value over the $50 threshold last week for the first time since late November 2018, while Domino's got a huge infusion of…
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Commodity prices up, stock values down: Spring starts on sour note for most pizza brands
by S.A. Whitehead — Food Editor, Net World Media Group
The first week of spring brought higher prices for all the basic pizza commodities and — aside from Papa John's — lower stock values for the brands monitored…
read nowKotipizza parent reports profitable 2018 results, presses ahead with brand, franchising growth
March 20, 2019
Kotipizza Group Oyj — parent of Kotipizza, No Pizza, Social Burgerjoint, Chalupa and others — said its 2018 fiscal year ended with comp net sales growth of 1…
read nowUnique Foods acquires Pizza Fusion, plans CBD-infused offerings
March 19, 2019
Unique Foods Corporation today said it has acquired the three-location organic food-focused, Pizza Fusion brand, as a wholly owned subsidiary. A news release…
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What in the world is blockchain?
by Bradley Cooper — Editor, Connect Media
Blockchain, cryptocurrency, bitcoin: These terms can often be highly confusing to those not in some level of the IT industry. Ray Wiley, CEO and co-founder of…
read nowVilla Restaurant Group buys New York Melt Shop store
March 12, 2019
Villa Italian Kitchen parent, Villa Restaurant Group, has assumed ownership of Melt Shop's location at Woodbury Common in Central Valley, New York.
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Domino's suffers another down week on NYSE
by S.A. Whitehead — Food Editor, Net World Media Group
Papa John's, Papa Murphy's and Pizza Hut all posted nice gains in value in stock trading last week, while Domino's continued to fizzle for another week.
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In trading, March comes 'in like a lion' for Domino's
by S.A. Whitehead — Food Editor, Net World Media Group
In weather lore, March skies that come "in like a lion" are assured to go "out like a lamb," but it remains to be seen whether that same forecasting axiom…
read nowPapa John's faces investors with dismal Q4 financials
February 27, 2019
Papa John's lousy 2018 got a bit worse late Tuesday when the firm's leaders reported that North American store sales dropped 8 percent in Q4, ending Dec. 30…
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Domino's, Papa John's land in the 'doghouse' with investors last week
by S.A. Whitehead — Food Editor, Net World Media Group
Earnings reports can make a world of difference in any publicly traded pizza brand's value, which Domino's and Papa John's proved last week.
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