DoorDash

Kura Sushi USA Announces Fiscal Second Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 4, 2024
Comparable, Interest, Telephone, Webcast, SVP, Travel, Operating cost, Public expenditure, Kura Sushi, Adjustment, Advertising, Restaurant, DoorDash, Total, Food, Video game

IRVINE, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”) (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal second quarter ended February 29, 2024.

Key Points: 
  • IRVINE, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”) (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal second quarter ended February 29, 2024.
  • Total sales were $57.3 million, compared to $43.9 million in the second quarter of 2023;
    Comparable restaurant sales increased 3.0% for the second quarter of 2024 as compared to the second quarter of 2023;
    Operating loss was $1.7 million, compared to operating loss of $1.0 million in the second quarter of 2023;
    Net loss was $1.0 million, or $(0.09) per diluted share, compared to net loss of $1.0 million, or $(0.10) per diluted share, in the second quarter of 2023;
    Restaurant-level operating profit* was $11.2 million, or 19.6% of sales;
    Adjusted EBITDA* was $2.9 million; and
    Five new restaurants opened during the fiscal second quarter of 2024.
  • Comparable restaurant sales increased 3.0% for the second quarter of 2024 as compared to the second quarter of 2023.
  • During the fiscal second quarter of 2024, the Company opened five new restaurants in Kansas City, Missouri; Skokie, Illinois; Columbus, Ohio; Euless, Texas; and Webster, Texas.

The Habit Burger Grill Celebrates Grand Opening Drive-Thru In Las Vegas, Its Ninth Nevada Location

Retrieved on: 
Thursday, March 28, 2024
Taste, VIP, The Habit Burger Grill, Uber Eats, DoorDash, Postmates, Fast food

In honor of their grand opening, The Habit Burger Grill will host an exclusive pre-opening VIP event for their CharClub and mobile app members.

Key Points: 
  • In honor of their grand opening, The Habit Burger Grill will host an exclusive pre-opening VIP event for their CharClub and mobile app members.
  • “We love Las Vegas and Las Vegas loves The Habit Burger Grill, as we are opening not only our ninth restaurant in Nevada but our eighth restaurant in Las Vegas alone,” said Jason Triail, Director of Culinary Innovation at The Habit Burger Grill.
  • Guests at The Habit Burger Grill can always count on freshly-made, handcrafted quality served up with genuine hospitality.
  • This Habit Burger Grill restaurant will be open Monday – Sunday from 10:30 a.m. – 10:00 p.m. and the drive-thru 10:30 a.m. – 11:00 p.m.

PayToMe.co Unleashes Global Expansion through Stripe Connect Integration

Retrieved on: 
Tuesday, April 9, 2024
Shopify, SAN, GitHub, KYC, Travel, As a service, DoorDash, Software as a service, Fintech, Text

SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- In a strategic leap that signifies a monumental shift within the fintech sector, PayToMe.co is proud to announce its recent integration with Stripe Connect. This significant development heralds a new age of enhanced services for platforms and marketplaces, underscoring PayToMe.co's dedication to driving global innovation in the fintech industry. With this move, PayToMe.co aligns itself with the vision and success of leading platforms like Shopify, DoorDash, Lyft, and GitHub, all of which have harnessed the power of Stripe Connect to redefine the realms of Banking-as-a-Service (BaaS) and Software-as-a-Service (SaaS). 

Key Points: 
  • SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- In a strategic leap that signifies a monumental shift within the fintech sector, PayToMe.co is proud to announce its recent integration with Stripe Connect.
  • This significant development heralds a new age of enhanced services for platforms and marketplaces, underscoring PayToMe.co's dedication to driving global innovation in the fintech industry.
  • Stripe Connect stands as the cornerstone for integrating comprehensive payment solutions, enabling PayToMe.co to offer a seamless, AI-enhanced financial ecosystem.
  • By leveraging Stripe Connect, PayToMe.co introduces innovative pricing strategies and business models, including invoicing and recurring payments, thereby reinforcing its position as a fintech innovator.

Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc.

Retrieved on: 
Tuesday, April 9, 2024
First Citizens BancShares, Software as a service, Growth, SVB, SAN, Fintech, Silicon, API, Silicon Valley Bank, Warehouse, DoorDash, Bank

SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc. ("Trinity"), today announced that it has provided a $125 million warehouse facility to fintech infrastructure startup, Parafin. Recently named to the 2024 Fintech Innovation 50, Parafin helps companies, such as marketplaces, vertical SaaS, and payment processors, launch and embed financial services for their sellers.

Key Points: 
  • Financing provided by SVB's National Fintech Practice and Trinity Capital Inc. (Nasdaq: TRIN)
    SAN FRANCISCO, April 9, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB) , a division of First Citizens Bank, along with lending partner Trinity Capital Inc. ("Trinity"), today announced that it has provided a $125 million warehouse facility to fintech infrastructure startup, Parafin .
  • Provided by SVB's national fintech practice , the financing facility will support Parafin in providing capital to businesses on premier platforms such as DoorDash and Amazon.
  • Parafin employs a machine learning-based underwriting model based on sales performance to determine eligibility and create personalized financing offers.
  • "We're proud to partner with the teams at Parafin and SVB to provide this warehouse financing facility," said Steven Lambe, Managing Director, Warehouse Lending at Trinity Capital.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Maplebear Inc. d/b/a Instacart of Class Action Lawsuit and Upcoming Deadlines – CART

Retrieved on: 
Saturday, March 23, 2024
Prior, Register, Environment, Uber, Form, District court, Defendant, News, Ext, LLP, Food, IPO, Prospectus, Complaint, Person, Pomerantz, Action Replay, DoorDash, Court, Reuters, Security (finance)

NEW YORK, March 23, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Maplebear Inc. d/b/a Instacart (“Instacart” or the “Company”) (NASDAQ: CART) and certain officers and directors.

Key Points: 
  • NEW YORK, March 23, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Maplebear Inc. d/b/a Instacart (“Instacart” or the “Company”) (NASDAQ: CART) and certain officers and directors.
  • To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

ONGOING DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Instacart

Retrieved on: 
Tuesday, March 19, 2024
Environment, Uber, Form, Defendant, News, LLP, IPO, Prospectus, Complaint, Advertising, DoorDash, Court, Reuters, Register, Security (finance)

and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.

Key Points: 
  • and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Instacart’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
  • The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against ADM, B. Riley, GrafTech, and Instacart and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, March 18, 2024
FRG, Health, Growth, Environment, FY, Uber, Form, Shareholder, Defendant, News, Q4, Public expenditure, IPO, Food, Electrode, Particulates, ADM, Complaint, Prospectus, GrafTech, P.C, Graphite, DoorDash, Sustainable development, Government, EAF, Reuters, Register, Security (finance)

As ADM was aggressively acquiring companies to expand its capabilities in Nutrition, investors were under the impression that the segment was growing rapidly.

Key Points: 
  • As ADM was aggressively acquiring companies to expand its capabilities in Nutrition, investors were under the impression that the segment was growing rapidly.
  • As alleged, Defendants’ accounting practices for the segment misrepresented its true financial results and prospects, including its operating profits (“OP”).
  • On this news, Instacart's stock price fell $2.73 per share, or 9.2%, to close at $26.96 per share on October 2, 2023.
  • As of the time the complaint was filed, Instacart's common stock continues to trade below the $30.00 per share Offering price, damaging investors.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Maplebear Inc. d/b/a Instacart of Class Action Lawsuit and Upcoming Deadlines – CART

Retrieved on: 
Friday, March 15, 2024
Register, Environment, Uber, Form, District court, Defendant, News, Ext, LLP, Food, IPO, Prospectus, Complaint, Person, Pomerantz, Action Replay, DoorDash, Court, Reuters, Security (finance)

NEW YORK, March 15, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Maplebear Inc. d/b/a Instacart (“Instacart” or the “Company”) (NASDAQ: CART) and certain officers and directors.

Key Points: 
  • NEW YORK, March 15, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Maplebear Inc. d/b/a Instacart (“Instacart” or the “Company”) (NASDAQ: CART) and certain officers and directors.
  • To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Instacart

Retrieved on: 
Thursday, March 14, 2024
Environment, Uber, Form, Defendant, News, LLP, IPO, Prospectus, Complaint, Advertising, DoorDash, Court, Reuters, Register, Security (finance)

and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.

Key Points: 
  • and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Instacart’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
  • The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against GrafTech, Instacart, Cassava, and Amylyx and Encourages Investors to Contact the Firm

Retrieved on: 
Wednesday, March 13, 2024
Apoptosis, Patient, AMX0035, Science, P.C, Prospectus, Initiative, Form, Public expenditure, Scientific misconduct, IBD, Graphite, Safety, Data management, EAF, Reuters, Register, Food, Cassava Sciences, ALS, Alzheimer's disease, Uber, Defendant, Journal, Amyotrophy, News, Prescription, IPO, Particulates, Amylyx Pharmaceuticals, FDA, Sustainable development, DoorDash, Health, Environment, City University, Biomarker, Electrode, Cassava, Complaint, GrafTech, Investor's Business Daily, Neurobiology of Aging, Cognition, Government, BBC World Service, Evercore, Pharmaceutical industry

The Company sells and delivers a range of products in the food, alcohol, consumer health, pet care, and ready-made meals categories, in addition to others.

Key Points: 
  • The Company sells and delivers a range of products in the food, alcohol, consumer health, pet care, and ready-made meals categories, in addition to others.
  • The Company offers its services through a mobile application and website, while also providing software-as-a-service solutions to retailers.
  • In addition, the complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects.
  • For more information on the Amylyx class action go to: https://bespc.com/cases/AMLX