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Ark Restaurants Announces Financial Results for the Third Quarter of 2022 and Declaration of Quarterly Cash Dividend

Retrieved on: 
Monday, August 15, 2022 - 9:05pm

Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the third quarter ended July 2, 2022.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) today reported financial results for the third quarter ended July 2, 2022.
  • Total revenues for the 13 weeks ended July 2, 2022 were $53,218,000 versus $42,965,000 for the 13 weeks ended July 3, 2021.
  • Total revenues for the 39 weeks ended July 2, 2022 were $136,789,000 versus $89,031,000 for the 39 weeks ended July 3, 2021.
  • On August 10, 2022, the Board of Directors declared a quarterly cash dividend of $0.125 per share to be paid on September 13, 2022 to shareholders of record at the close of business on August 31, 2022.

O’Charley’s Announces Special School Supply Drive for Victims of Eastern Kentucky Flooding

Retrieved on: 
Monday, August 15, 2022 - 4:20pm

OCharleys Restaurant + Bar , the American restaurant with 144 locations across 16 states that is home to Great Food and Good Times, is proud to announce a special school supply drive for the victims of the recent flooding in Eastern Kentucky as well as a Teacher Appreciation Week later in August.

Key Points: 
  • OCharleys Restaurant + Bar , the American restaurant with 144 locations across 16 states that is home to Great Food and Good Times, is proud to announce a special school supply drive for the victims of the recent flooding in Eastern Kentucky as well as a Teacher Appreciation Week later in August.
  • This supply drive and Teacher Appreciation Week are part of the OCharleys Hometown Heroes initiatives which honor the local heroes whose tireless service keep our communities safe and healthy.
  • OCharleys will be collecting school supplies at participating restaurants and accepting donations online to support the families along with schools affected by the flooding.
  • The school supply drive and upcoming Teacher Appreciation Week are just two of the latest OCharleys Hometown Heroes initiatives.

Waitr Rebrands ASAP to Align with New Company Strategy

Retrieved on: 
Monday, August 15, 2022 - 2:35pm

Waitr Holdings Inc. (Nasdaq: WTRH) (Waitr or the Company) today announced it has changed its name to ASAP, signaling a new deliver anything business model.

Key Points: 
  • Waitr Holdings Inc. (Nasdaq: WTRH) (Waitr or the Company) today announced it has changed its name to ASAP, signaling a new deliver anything business model.
  • ASAP expresses our new brand identity, building on our original delivery ethos, said Carl Grimstad, CEO and Chairman of the Board of Waitr Holdings Inc.
  • The strategies we have implemented have reinforced our anything, anywhere ASAP vision, making us the go-to company for a wider range of products and services.
  • It provides a convenient way to discover, order and receive a wide variety of on-demand products ASAP.

Arctic Glacier Premium Ice Secures Distribution Rights of Lux Ice Slow-Melt Cocktail Ice Spheres

Retrieved on: 
Monday, August 15, 2022 - 1:59pm

Arctic Glacier, LLC , a leading provider of premium ice products and related services, announces a distribution partnership with Lux Ice, Slow-Melt Cocktail Ice Spheres for the United States and Canada.

Key Points: 
  • Arctic Glacier, LLC , a leading provider of premium ice products and related services, announces a distribution partnership with Lux Ice, Slow-Melt Cocktail Ice Spheres for the United States and Canada.
  • Arctic Glacier is thrilled to introduce Lux Ice slow-melt cocktail spheres to our customers and their consumers through broad distribution of a highly desirable craft ice product.
  • We are very excited for the opportunity to accelerate even greater growth within the ice category through our partnership with Lux Ice, said Richard Wyckoff, President, and CEO of Arctic Glacier.
  • Lux Ice is a pioneer in the craft ice industry with an unmatched capability to mass produce and scale large, cocktail ice spheres.

World Consumer Foodservice Market Report 2022: Buzz Topics, Emerging Geographies, Categories and Trends - ResearchAndMarkets.com

Retrieved on: 
Monday, August 15, 2022 - 11:49am

The "World Market for Consumer Foodservice" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "World Market for Consumer Foodservice" report has been added to ResearchAndMarkets.com's offering.
  • The World Market for Consumer Foodservice global briefing offers an insight into to the size and shape of the Consumer Foodservice market, highlights buzz topics, emerging geographies, categories and trends as well as pressing industry issues and white spaces.
  • The Coronavirus (COVID-19) pandemic has devastated the global foodservice industry in the short term, while radically accelerating existing trends.
  • Surging investment in delivery and online ordering has combined with massive new demand for prepared meals consumed at home.

Ruth’s Chris Steak House Opens New Location in Worcester, Massachusetts

Retrieved on: 
Friday, August 12, 2022 - 9:46pm

Ruths Chris Steak House , famous for its unmatched dining experience and steaks served on 500-degree sizzling plates, announced its newest location in Worcester, which is now open for business.

Key Points: 
  • Ruths Chris Steak House , famous for its unmatched dining experience and steaks served on 500-degree sizzling plates, announced its newest location in Worcester, which is now open for business.
  • View the full release here: https://www.businesswire.com/news/home/20220812005375/en/
    Ruths Chris Steak House announced its newest location in Worcester, which is now open for business.
  • As part of the pre-opening celebration for the newest location in Worcester, Ruths Chris hosted a special dinner with community leaders, business owners and Ruths Chris executives to raise money for the Worcester County Food Bank.
  • Ruth's Chris Steak House was founded by Ruth Fertel 57 years ago in New Orleans, Louisiana.

Dine Brands Global, Inc. Completes Replacement of Existing Variable Funding Senior Notes and Upsizes Financing Capacity

Retrieved on: 
Friday, August 12, 2022 - 9:30pm

Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebees Neighborhood Grill + Bar and IHOP restaurants, today announced it completed the replacement of its previous Series 2019-1, Class A-1 Variable Funding Senior Notes (the Class A-1 Notes) with a new series of Class A-1 Variable Funding Senior Notes (the New Notes) and increased its financing capacity.

Key Points: 
  • Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebees Neighborhood Grill + Bar and IHOP restaurants, today announced it completed the replacement of its previous Series 2019-1, Class A-1 Variable Funding Senior Notes (the Class A-1 Notes) with a new series of Class A-1 Variable Funding Senior Notes (the New Notes) and increased its financing capacity.
  • Based in Glendale, California, Dine Brands Global, Inc. (NYSE: DIN) (Dine Brands), through its subsidiaries, franchises restaurants under both the Applebees Neighborhood Grill + Bar and IHOP brands.
  • With approximately 3,400 restaurants combined in 16 countries and approximately 338 franchisees as of December 31, 2021, Dine Brands is one of the largest full-service restaurant companies in the world.
  • For more information on Dine Brands, visit the Companys website located at www.dinebrands.com .

Ruth’s Chris Steak House Opens New Location in Long Beach, California

Retrieved on: 
Friday, August 12, 2022 - 6:05pm

Ruths Chris Steak House , famous for its unmatched dining experience and steaks served on 500-degree sizzling plates, announced its newest location in Long Beach, which is now open for business.

Key Points: 
  • Ruths Chris Steak House , famous for its unmatched dining experience and steaks served on 500-degree sizzling plates, announced its newest location in Long Beach, which is now open for business.
  • View the full release here: https://www.businesswire.com/news/home/20220812005376/en/
    Ruths Chris Steak House announced its newest location in Long Beach, which is now open for business.
  • As part of the pre-opening celebration for the newest location in Long Beach, Ruths Chris hosted a special dinner with community leaders, business owners and Ruths Chris executives to raise money for the Los Angeles Regional Food Bank.
  • We are honored to bring this new Ruths Chris location to Long Beach and serve the community and those that live in and around the area, said Wendi Thompson, general manager for Ruths Chris in Long Beach.

Everstream Analytics Named 2022 Top Food Chain Technology by Food Chain Digest

Retrieved on: 
Friday, August 12, 2022 - 2:00pm

Everstream Analytics , the global supply chain insights and risk analytics company, today announced that it has been recognized as a 2022 Top Food Chain Technology by Food Chain Digest, the official magazine of Food Shippers of America (FSA).

Key Points: 
  • Everstream Analytics , the global supply chain insights and risk analytics company, today announced that it has been recognized as a 2022 Top Food Chain Technology by Food Chain Digest, the official magazine of Food Shippers of America (FSA).
  • The companys supply chain risk management technology has helped food shippers within the dairy industry reduce revenue loss resulting from supply chain and logistics disruptions by ~30%.
  • FSAs Top Food Chain Technology program recognizes standout technologies in food transportation, logistics, distribution and supply chain management.
  • Technology has become the backbone of the food supply chain, said Brian Everett, group publisher and editorial director of Food Chain Digest.

Panera Brands Appoints Konrad Meyer as Chief Financial Officer

Retrieved on: 
Friday, August 12, 2022 - 12:00pm

Panera Brands Inc., which includes the iconic fast casual and hospitality brand Panera Bread as well as Caribou Coffee and Einstein Bros. Brands, is pleased to announce the appointment of Konrad Meyer as Chief Financial Officer, effective August 22, 2022.

Key Points: 
  • Panera Brands Inc., which includes the iconic fast casual and hospitality brand Panera Bread as well as Caribou Coffee and Einstein Bros. Brands, is pleased to announce the appointment of Konrad Meyer as Chief Financial Officer, effective August 22, 2022.
  • In addition to the appointment of Mr. Meyer to CFO of Panera Brands, Mark Wooldridge, SVP, Controller and Chief Accounting Officer, will also assume the responsibilities of Panera Bread Chief Financial Officer.
  • At the same time, we are truly excited to welcome Konrad Meyer as Panera Brands Chief Financial Officer.
  • A portfolio of complementary brands bound by common values and shared growth opportunities, Panera Brands is comprised of Panera Bread, Caribou Coffee and Einstein Bros. Brands.