Pinstripes

Pinstripes Reports Fiscal Third Quarter 2024 Results

Retrieved on: 
Wednesday, February 21, 2024
Entertainment, Retail, Sports, Restaurant, Bar, Events, Concerts, Bowling, Operating cost, PNST, Food, Adjustment, GAAP, Pinstripes, Recreation, Depreciation

Pinstripes Holdings, Inc. (“Pinstripes” or “the Company”) (NYSE: PNST), a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, today reported its financial results for the fiscal third quarter ended January 7, 2024.

Key Points: 
  • Pinstripes Holdings, Inc. (“Pinstripes” or “the Company”) (NYSE: PNST), a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, today reported its financial results for the fiscal third quarter ended January 7, 2024.
  • During and subsequent to the third quarter of fiscal 2024, the Company opened two new venues, bringing the total venue count to 16 as of February 21, 2024.
  • Total revenues were $32.2 million compared to $28.2 million in the third quarter of fiscal 2024.
  • Same store sales increased 6.9% for the third quarter of 2024 as compared to the third quarter of fiscal 2023.

Pinstripes Holdings, Inc. Rings the NYSE Opening Bell Today and Reports Preliminary Unaudited Fiscal 2024 Third Quarter Sales Results

Retrieved on: 
Friday, January 19, 2024
Entertainment, Retail, Sports, Restaurant, Bar, General Entertainment, Bowling, Food, Beverage, PNST, GAAP, Bank statement, Recreation, Pinstripes

Pinstripes Holdings, Inc. (“Pinstripes” or “the Company”) (NYSE: PNST), a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, today reported preliminary sales results for the fiscal third quarter ended January 7, 2024.

Key Points: 
  • Pinstripes Holdings, Inc. (“Pinstripes” or “the Company”) (NYSE: PNST), a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, today reported preliminary sales results for the fiscal third quarter ended January 7, 2024.
  • Preliminary Fiscal 2024 Third Quarter Sales Highlights, as Compared to Fiscal 2023 Third Quarter:
    During the fiscal third quarter of 2024, the Company opened one new venue, bringing the total venue count to 15 as of January 7, 2024.
  • In its 52-week fiscal year, the first, second and third fiscal quarters each contain twelve weeks and the fourth fiscal quarter contains sixteen weeks.
  • Pinstripes’ 2024 fiscal quarter represents the 12 weeks ended January 7, 2024 and its 2023 third fiscal quarter represents the 12 weeks ended January 1, 2023.

Hudson RPO Appoints Jake Zabkowicz as Global CEO

Retrieved on: 
Wednesday, November 15, 2023
OLD, Acquisition, Pinstripes, RPO, Korn Ferry, USA Today, Bloomberg, Publication, Management, Cielo

OLD GREENWICH, Conn., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Hudson RPO, a leading global total talent solutions company owned by Hudson Global, Inc. (the “Company”) (NASDAQ: HSON), announced today the appointment of Jacob “Jake” Zabkowicz as Global Chief Executive Officer, effective November 15, 2023.

Key Points: 
  • OLD GREENWICH, Conn., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Hudson RPO, a leading global total talent solutions company owned by Hudson Global, Inc. (the “Company”) (NASDAQ: HSON), announced today the appointment of Jacob “Jake” Zabkowicz as Global Chief Executive Officer, effective November 15, 2023.
  • As Global CEO for Hudson RPO, Mr. Zabkowicz will lead the vision, strategy, and execution of Hudson RPO’s growth plan.
  • Mr. Zabkowicz, 41, is a seasoned, growth-minded executive who brings to Hudson RPO extensive global leadership as well as operational and business development experience in the talent acquisition industry.
  • Jake’s growth orientation and winning mindset will help Hudson RPO achieve its aggressive growth goals,” said Jeff Eberwein, CEO of Hudson Global.

Pinstripes and Banyan Acquisition Corp. Announce Effectiveness of Form S-4 Registration Statement

Retrieved on: 
Tuesday, December 5, 2023
Sports, Restaurant, Bar, Finance, Professional Services, Bowling, Events, Concerts, Retail, Entertainment, Acquisition, Behavior, NYSE, Business analyst, Special, Form, Eastern Time Zone, Register, Growth, ALL, Security (finance), Banyan, Pinstripes

Pinstripes, Inc. (“Pinstripes,” or “the Company”), a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, and Banyan Acquisition Corporation (“Banyan”) (NYSE: BYN), a publicly traded special purpose acquisition company, today announced that the U.S. Securities and Exchange Commission (“SEC”) declared effective the Registration Statement on Form S-4, as amended (the “Registration Statement”) filed with the SEC in connection with the previously announced proposed business combination (the “Business Combination”) of Pinstripes and Banyan.

Key Points: 
  • Pinstripes, Inc. (“Pinstripes,” or “the Company”), a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, and Banyan Acquisition Corporation (“Banyan”) (NYSE: BYN), a publicly traded special purpose acquisition company, today announced that the U.S. Securities and Exchange Commission (“SEC”) declared effective the Registration Statement on Form S-4, as amended (the “Registration Statement”) filed with the SEC in connection with the previously announced proposed business combination (the “Business Combination”) of Pinstripes and Banyan.
  • “We are pleased to achieve this important step forward to becoming a publicly traded company,” said Dale Schwartz, Founder and CEO of Pinstripes.
  • With our iconic community focused venues and our passionate Pinstripes team, we are at an exciting inflection point of growth.
  • Every stockholder’s vote FOR ALL the proposals included in the proxy statement is important, regardless of the number of shares held.

Granite Creek Capital Partners Closes Oversubscribed Fund III at $300 Million

Retrieved on: 
Tuesday, November 7, 2023
Odyssey, Partner, Granite, Partner (business rank), Transport, Entrepreneurship, Growth, L.L.C, Collection, Pinstripes, Bank, Cryptocurrency, Granite Creek

, a private investment firm based in Chicago, today announced the oversubscribed closing of its third investment fund, Granite Creek FlexCap III, L.P. (the “Fund” or “Fund III”), a $300 million fund focused on providing flexible capital to growing lower middle market companies.

Key Points: 
  • , a private investment firm based in Chicago, today announced the oversubscribed closing of its third investment fund, Granite Creek FlexCap III, L.P. (the “Fund” or “Fund III”), a $300 million fund focused on providing flexible capital to growing lower middle market companies.
  • Granite Creek began fundraising for the FlexCap III fund in 2022 with an initial target of $250 million in total commitments.
  • With the close of Fund III, our team is well prepared to execute on our healthy pipeline of opportunities.”
    Granite Creek Capital Partners closed its previous $200 million FlexCap II fund in 2019.
  • With the close of FlexCap III Fund, Granite Creek has over $700 million of assets under management across its strategies.

Pinstripes to Host Virtual Investor Day on November 21, 2023

Retrieved on: 
Tuesday, November 7, 2023
Entertainment, Retail, Sports, Restaurant, Bar, General Entertainment, Bowling, Food, Beverage, NYSE, Webcast, Management, Pinstripes

Pinstripes, Inc. (“Pinstripes,” or “the Company”), a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, today announced that Dale Schwartz, Founder and Chief Executive Officer, and Tony Querciagrossa, Chief Financial Officer, will host a Virtual Investor Day on November 21, 2023 at 12 PM ET.

Key Points: 
  • Pinstripes, Inc. (“Pinstripes,” or “the Company”), a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, today announced that Dale Schwartz, Founder and Chief Executive Officer, and Tony Querciagrossa, Chief Financial Officer, will host a Virtual Investor Day on November 21, 2023 at 12 PM ET.
  • The Pinstripes team will also be joined by Jerry Hyman, Chairman of Banyan Acquisition Corporation, and Keith Jaffee, CEO of Banyan Acquisition Corporation.
  • A link to the webcast will also be available on the Banyan Acquisition Corporation investor relations website at www.banyanacquisition.com.
  • Pinstripes previously announced it entered into a business combination agreement with Banyan Acquisition Corporation (NYSE: BYN).

Pinstripes Expands Senior Leadership Team, Hires Chief Financial Officer and Chief Marketing Officer in Advance of Public Listing

Retrieved on: 
Wednesday, September 27, 2023
Casino, Gaming, Entertainment, Wine & Spirits, Specialty, Events, Concerts, Other Entertainment, General Entertainment, Restaurant, Bar, Food, Beverage, Retail, Advertising, General Electric, Digital, Friends, Weber Shandwick, Marketing, Medline Industries, Commander, U.S. Pacific Fleet, Loyola University, CMO, History, Organization, Register, Prospectus, University of Illinois Urbana-Champaign, Acquisition, Atmosphere of Earth, Northern Illinois University, Registration statement, Form, CFO, Keller, Knowledge, Growth, Filtration, PMK, Family, NYSE, Management, Security (finance), Pinstripes

“We’re very excited to welcome both Tony and Shannon to the Pinstripes team at this exciting time in our history,” said Schwartz.

Key Points: 
  • “We’re very excited to welcome both Tony and Shannon to the Pinstripes team at this exciting time in our history,” said Schwartz.
  • Prior to Columbus Industries, he was President of Purafil Inc. and before that Group CFO of Filtration Group’s Indoor Air Quality businesses.
  • She offers a depth of knowledge across all areas of marketing including branding, communications, digital, advertising and public relations.
  • From 2015-2022, Keller served as Chief Marketing Officer of True Food Kitchen, an award-winning restaurant brand renowned for pioneering full-service healthy dining.

ICR to Host Third Restaurant Industry Outlook Webinar on September 28, 2023

Retrieved on: 
Tuesday, September 26, 2023
Marketing, Advertising, Digital Marketing, Communications, Other Communications, Media, Public Relations, Investor Relations, Learning, Pinstripes, ICR, Oakbrook Center, Research

ICR , a leading strategic communications and advisory firm, will host its third Restaurant Industry Outlook webinar on Thursday, September 28, 2023 at 12:00 PM ET.

Key Points: 
  • ICR , a leading strategic communications and advisory firm, will host its third Restaurant Industry Outlook webinar on Thursday, September 28, 2023 at 12:00 PM ET.
  • The event will bring together top research analysts to recap broad themes from the second quarter 2023 restaurant earnings season and discuss what is ahead for the remainder of the year and beyond.
  • The Restaurant Industry Outlook panel discussions include:
    Panelists: Dale Schwartz, Founder & CEO of Pinstripes and Joe Vrankin, CEO of Puttshack
    “We look forward to having an informative discussion with seasoned analysts about the current state of the restaurant industry as well as learning about two highly differentiated brands in the exciting eater-tainment space,” said Raphael Gross, Partner in ICR’s Restaurant Group.
  • To register for the Restaurant Industry Outlook webinar, please visit: https://icr.swoogo.com/restaurants_iii/3988265

Pinstripes, a Best-in-Class Experiential Dining and Entertainment Brand, to Become a Public Company

Retrieved on: 
Friday, June 23, 2023
Restaurant, Bar, Other Entertainment, Wine & Spirits, General Entertainment, Food, Beverage, Events, Concerts, Retail, Entertainment, Well, Breakfast, File, Friends, William Blair & Company, Telephone, Calendar, Beer, AUV, L.L.C, Multimedia, Kirkland & Ellis, Interest, Public company, NYSE, Lunch, Webcast, Growth, Security (finance), Adjustment, DLA Piper, Family, Tourism, Pinstripes

View the full release here: https://www.businesswire.com/news/home/20230623537812/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230623537812/en/
    Pinstripes, a Best-in-Class Experiential Dining and Entertainment Brand, to Become a Public Company.
  • Pinstripes provides a “home away from home” where guests can celebrate life while enjoying delicious food, entertainment and socializing.
  • Pinstripes addresses this problem by offering curated experiences to create meaningful connections, and the Company sits at the confluence of three dynamic markets with broad consumer appeal: casual dining, entertainment and private events.
  • Its experiential dining and entertainment brand creates extraordinary experiences through a winning combination of made-from-scratch dining and sophisticated fun.

Granite Creek Capital Partners Announces Investment in Pinstripes, Inc.

Retrieved on: 
Wednesday, May 31, 2023
Growth, Granite, Family, Investment, Nightclub, L.L.C, Pinstripes, Granite Creek

CHICAGO, May 31, 2023 (GLOBE NEWSWIRE) -- Granite Creek Capital Partners, L.L.C., a private investment firm based in Chicago, today announced it has made an investment in Pinstripes, Inc. (“Pinstripes” or the “Company”), an operator of dining and entertainment venues combining bowling, bocce, and Italian-American cuisine.

Key Points: 
  • CHICAGO, May 31, 2023 (GLOBE NEWSWIRE) -- Granite Creek Capital Partners, L.L.C., a private investment firm based in Chicago, today announced it has made an investment in Pinstripes, Inc. (“Pinstripes” or the “Company”), an operator of dining and entertainment venues combining bowling, bocce, and Italian-American cuisine.
  • Pinstripes currently operates 13 venues, with six additional locations under construction that are projected to open within the next 12 months.
  • The Company will use the proceeds from the investment from Granite Creek to finance its expansion.
  • “As we move into this next phase of growth, investments such as Granite Creek’s are instrumental to our expansion efforts.”