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Financial News News & Media

Investment firm buys investor share in Lou Malnati’s Pizzeria

October 4, 2021

A San Francisco investment firm, The Meritage Group, is buying an ownership stake in Lou Malnati's Pizzeria but nothing, from leadership to pizza quality, will…

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Rave Restaurant sales, earnings stay on growth path

September 21, 2021

Rave Restaurant Group posted its fifth consecutive quarter of positive sales and earnings for Q4 ended June 27, 2021, according to a earnings report.

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Virginia pizza brand raises $7.5M to expand footprint

August 4, 2021

Pupatella, a Neapolitan pizza brand, aims to expand in the Washington, D.C. metro area and beyond with a $7.5 million investment from private investors.

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Domino's to pay off debt with large recap transaction

April 5, 2021

Domino's Pizza Inc. said some of its subsidiaries will complete a recapitalization transaction to refinance a portion of their outstanding securitization debt…

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Everything's coming up pizza for Papa John's

February 26, 2021

Consumers in lockdown due to COVID-19 are staying busy ordering pizza at Papa John's given the brand's fourth quarter and full year financial results.

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Rave continues to roll during a profitable trading week

by S.A. Whitehead — Food Editor, Net World Media Group

Rave Restaurant Group is on a roll, making gains in share value over the last two weeks.

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Papa John's reports 450% increase in year-over-year EPS

November 5, 2020

Papa John's third-quarter results beat estimates on revenue and came in largely as expected on quarter diluted EPS of 35 cents a share, showing the relative…

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Taco Bell ticks up Yum Brands Q3 results

October 29, 2020

Yum Brands revealed third-quarter results Thursday that made clear the power of the Taco Bell brand for the Louisville, Kentucky-based company. Worldwide…

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Domino's, Papa John's, Rave falter in tough trading week

by S.A. Whitehead — Food Editor, Net World Media Group

Building pizzas got a bit costlier last week, but delivering them remains a deal, thanks to higher wheat and cheese prices and steadily lower gas prices.

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Domino's plunges, Rave rockets forward in volatile trading week

by S.A. Whitehead — Food Editor, Net World Media Group

There was a lot of action in pizza brand trading last week, much of it connected to news from major leading brands' performances.

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Domino's Q3 revenues soar, but not as high as some predicted

Domino's pulls off another strong pandemic-era quarter, though not quite up to analysts' expectations.

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Papa John's names former Target leader to CFO role

Incoming Papa John's CFO Ann Gugino brings more than 20 years of corporate financial leadership experience to the role.

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A profitable week for pizza brands, cheese producers

by S.A. Whitehead — Food Editor, Net World Media Group

Strong demand for pizza restaurant fare is not only helping drive up the price of cheese nationally but is also prodding investors to pay their respects to…

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Papa John's preliminary North American Q3 comp sales soar 23.8%

September 29, 2020

Preliminary estimated comp sales for Papa John's third quarter indicated that the North American systemwide comp sales grew 23.8% for the three months that…

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Investors continue doting on Domino's

by S.A. Whitehead — Food Editor, Net World Media Group

While the trade floor devotion to Domino's continues unabated, dairy farmers might be developing soft spots for pizza restaurateurs, whose business is keeping…

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Domino's conquers Wall Street

Domino's had another powerhouse week in pizza brand trading, while the prices of pizza commodities were a mixed bag.

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Yum China to generate up to $2.56M with Hong Kong offering

September 4, 2020

China's biggest restaurant company by last year's sales, Yum China Holdings Inc., has set the final price on 41,910,700 shares of common stock at $412 in Hong…

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Yum China launches Hong Kong Stock Exchange public offering

August 31, 2020

Yum China Holdings Inc. is launching its Hong Kong public offering today, which a news release said forms part of the global offering of 41,910,700 new shares…

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Pizza Hut parent powers forward in trading

by S.A. Whitehead — Food Editor, Net World Media Group

Aside from Pizza Hut parent, Yum Brands, traders pulled back from pizza stock purchasing last week — a particularly disconcerting trend for Pie Five and Pizza…

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Papa John's August international sales up 23%

August 25, 2020

Papa John's International Inc.'s preliminary estimated comp sales grew slightly more than 24% in North America, year over year period, while internationally…

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