Financial News News & Media
KKR leads $43M funding round for Slice independent pizzeria platform
May 13, 2020
Pizzeria ordering and marketing tech platform, Slice (MyPizza Technologies, Inc.) has raised $43 million in Series C funding. KKR led the round with…
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Papa is pleased: Good week for pizza trading is great week for Papa John's
by S.A. Whitehead — Food Editor, Net World Media Group
Last week's positive Q1 earnings report for Louisville, Kentucky-based Papa John's made for very happy investors, as the brand posted a pick-up in value over…
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Papa John's Q1 results reveal turnaround, despite pandemic
May 7, 2020
Despite the many business pressures caused by COVID-19, Papa John's has nearly rebounded from the troubles that beset the company in recent years when it was…
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Domino's moves on up, joins S&P 500
May 7, 2020
S&P Dow Jones Indices said Wednesday it is adding Domino's Pizza Inc. to the S&P 500, the collection of 500 large companies that many view as the best…
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&pizza: Employee engagement key to tripling off-premise 'overnight'
by S.A. Whitehead — Food Editor, Net World Media Group
Should a pizza chain give its employees help with everything from down-time fun and fitness, to purpose in their work and mental health support? &pizza thinks…
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Pizza stocks, gas + cheese prices reverse price trends in topsy-turvy trading week
by S.A. Whitehead — Food Editor, Net World Media Group
Pizza share prices and commodities trading last week were in a role-reversal kind of mood, with some of the winning brands of recent weeks falling in value…
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Taco Bell shines as sole bright spot in Yum Brands Q1 sales
April 30, 2020
Though KFC, Pizza Hut, Taco Bell and The Habit Burger Grille parent, Yum Brands, recorded a Q1 same-store sales decline of 7% after the tumultuous first…
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Pizza brand trading proves Americans can get through anything with 'nice, hot slice or two'
by S.A. Whitehead — Food Editor, Net World Media Group
As most Americans head into yet another week of stay-at-home orders, pizza trading shows investors know that for a lot of us, ordering pizza has become a key…
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Domino's previews strong fiscal Q2, withdraws long term outlook
April 23, 2020
Domino's strong results with an early look at its fiscal second quarter, with U.S. same-store sales up 7.1% for the first four weeks ended April 19, compared…
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All things considered? A pretty good week to be a pizza restaurateur
by S.A. Whitehead — Food Editor, Net World Media Group
Domino's and Papa John's, as well as the parent companies of Pizza Hut, Pie Five and Pizza Inn, all played favorites with investors last week, with the…
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Mod Pizza taps Starbucks finance leader as CFO
April 13, 2020
Mod Super-Fast Pizza Holdings LLC has named Josh Guenser as CFO.
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Something to smile about: Domino's, Pizza Hut, Papa John's, Rave shares all up
by S.A. Whitehead — Food Editor, Net World Media Group
Pizza brand stock values are up and gas prices keep going down. So, how's that for something to take the gray right out of a locked-down, mid-pandemic day's…
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Papa John's only trading winner last week, as gas use dips to lowest in 27 years
by S.A. Whitehead — Food Editor, Net World Media Group
Gas demand hit the lowest level the markets have seen since 1993 last week, while cheese market inventories stack up as dairy farmers throw milk away amidst…
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Domino's CEO warns investors on Q1 sales outlook
by S.A. Whitehead — Food Editor, Net World Media Group
Domino's advanced its own earnings release -- set for April 23 -- with some estimates showing sales growth is still anticipated by the world's largest pizza…
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Domino's climbs, Rave crashes in volatile pandemic-era pizza trading
by S.A. Whitehead — Food Editor, Net World Media Group
Scale and an owned delivery system are both paying off for pizza brand, Domino's, as skittish investors show their support for the world's biggest pizza…
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Yelp findings show consumer interests in pandemic-stricken US
March 25, 2020
Yelp released its Coronavirus Economic Impact Report that shows some consumer trends developing amidst the nation's fight against COVID-19 infections…
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Yum Brands closing 7,000 stores globally due to COVID-19
March 25, 2020
Yum Brands is closing 1,000 Pizza Hut Express outlets and at least 900 U.K. KFC stores in a group of 7,000 restaurant outlets the Louisville, Kentucky-based…
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COVID-19 blindsided restaurateurs right from start, Ohio poll shows
by S.A. Whitehead — Food Editor, Net World Media Group
As early as March 8, as COVID-19 restrictions in the U.S. were just beginning, Ohio restaurateurs were hit with a sucker punch that knocked sales down 20…
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Papa John's ekes out a win in trading, other public brands drop over tough week
by S.A. Whitehead — Food Editor, Net World Media Group
Papa John's actually managed to climb during trading over the last devastating week for the restaurant industry. Other publicly traded brands did not fare so…
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Chuck E Cheese faltering since February
March 9, 2020
Chuck E. Cheese parent company, CEC Entertainment Inc. said its 2019 comp venue sales grew 2.7% over the prior year, including a 2.6% increase n those numbers…
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