Financial News News & Media

Mountain Mike's Pizza's sales up in Q1

May 5, 2022

Mountain Mike's Pizza reports strong sales increases in Q1 of 2022. Same-store sales increased 7.0% while total system sales were 14.4% higher than Q1 2021.

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Papa Johns announces solid Q1 results

May 5, 2022

Papa John's International has announced solid financial results for the first quarter of 2022, with increased sales for the 10th consecutive quarter, according…

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Happy Joe's Pizza & Ice Cream reports Q1 sales increase

April 22, 2022

Happy Joe's Pizza & Ice Cream reported sales in Q1 of 2022 increased 4% compared to the year prior and 11% over 2020. In 2021 sales came in 13% over 202…

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NRA applauds House passage of $42M restaurant relief package

April 7, 2022

The House of Representatives approved a $55 billion relief package Thursday that includes $2 billion for the Restaurant Revitalization Fund.

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Papa John's sales, profit beats expectations

February 24, 2022

Papa John's fourth quarter revenue and profit beat expectations, according to a company earnings report.

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Middleby Corp boosts sales, earnings for Q4, FY 2021

February 23, 2022

The Middleby Corp., a manufacturer of equipment for commercial foodservice, food processing and residential kitchen equipment, posted significant sales and…

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US Foods boosts Q4 and FY 2021 sales and earnings

February 21, 2022

US Foods Holding Corp. improved sales and earnings for Q4 and FY 2021, boosted by restaurant sales growth and double digit food inflation, according to an…

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Mountain Mike's Pizza continues ascent with strong Q3 sales gains

November 11, 2021

Mountain Mike's Pizza, LLC continued posting impressive gains in Q3 2021, reporting same store sales increases of 10.2% and total system sales up 19.7% over Q…

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Restaurants face margin contraction, slower M&A in Q1 2022

November 10, 2021

With rising commodity prices, workforce shortages, and the need for higher expenditures to attract labor in a competitive market, the restaurant industry will…

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Papa John's marks 9 consecutive quarters of global growth

November 4, 2021

Papa John's total company revenues increased 8.4%, to $512.8 million, in Q3, and comparable sales were up 6.9% in North American and 8.3% internationally…

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Yum Brands enjoys Q3 sales growth

October 28, 2021

Yum! Brands worldwide system sales grew 8% and 4% unit growth financial results in the third quarter ended Sept. 20, 2021, according to a press release.

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Great Plains Capital takes minority stake in Toppers Pizza

October 25, 2021

Great Plains Capital LLC has made a long-term minority equity investment in Wisconsin-based Toppers Pizza.

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Domino's same-store sales decline

October 18, 2021

Domino's Pizza lost momentum in the three months through Sept. 2021, with a U.S. same-store sales decline of 1.9%, the first U.S. same-store sales decline in…

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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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