Finance & M&A — page 3

Craveworthy Brands acquires Papa Gino's, adding Wing It On concept to existing locations.

KKR reported a 30% increase in quarterly profit and record fee-related earnings of $1.3 billion, driven by asset sales and returns to investors.

A Schlotzsky's franchisee in North Texas filed for bankruptcy, citing profitability struggles and financial obligations.

Some Sport Clips franchisees build their portfolios with the help of family members, leveraging the company's manager-led operating model to expand their businesses.

Walk-On’s Sports Bistreaux is a Louisiana-themed sports bar and restaurant franchise founded in 2015 by Brandon Landry and Jack Warner in Baton Rouge, Louisiana.

LiveWell Partners acquired Assured Home Health and Hospice, expanding its presence in Michigan with its fourth transaction in the state.

Clean Eatz reports a 2.2% increase in overall sales in Q3, including an 8.6% increase in café sales and a 5.6% increase in grab-and-go sales.

Swig signed a 10-unit franchise agreement with experienced franchisees Marc and Zach Rogers to bring the brand to Northern Colorado.

Murphy USA expanded its automated restaurant initiative with White Castle, with over 100 units now operating as part of the test-to-scale program.

Cheba Hut signs an eight-unit area development agreement with WGT Concepts LLC to expand its footprint in the Oklahoma City and Tulsa markets.

The Melt's CEO and VP of Franchising discuss how a single mission helped rebuild the brand and improve customer satisfaction, leading to impressive Yelp and Google ratings.

Sonny's BBQ is using data to learn what draws younger diners to its locations, and found that a seasonal menu performed better with its core audience.

Multi-unit restaurant franchisees report rising minimum wages affecting their bottom lines, with varying impacts depending on location and operations.

Franchisee profitability is crucial for long-term growth as strong unit economics help franchise owners succeed and expand their businesses.

AES Restaurant Group becomes largest Arby's franchisee after acquiring Flynn Restaurants, expanding its unit count to 362 locations.

Xponential Fitness' revenue fell 21 percent in the third quarter, to $62.3 million from $78.8 million a year earlier.

Sweetgreen's third-quarter sales were down 6.4% due to a foodborne illness outbreak and consumers avoiding salad and fresh produce.

BJ's Restaurants reported an 8.1% increase in same-store sales and 8.3% increase in traffic, with its ninth consecutive quarter of growth.

Franchisees continue to file for bankruptcy, with a 30-unit Denny's operator filing Chapter 11 this week, citing $10-50 million in liabilities.

EYM Diner, a 30-unit Denny's operator, has filed for Chapter 11 bankruptcy protection, citing $10-50 million in liabilities and less than $50,000 in assets.

Wendy's has unveiled a comprehensive revitalization plan, including a 5.9% decline in system sales and a plan to buy up to 163 restaurants from a bankrupt franchisee.

Wendy’s rejected Nelson Peltz’s $1.4 billion takeover offer and adopted a poison‑pill plan that triggers a discounted stock purchase if any party acquires 15% of shares.

Dutch Bros reports 4.4% systemwide same-store sales growth in Q3, but slows from 5.8% in Q2 and falls below Wall Street expectations.

Cheba Hut signs an eight-unit area development agreement with WGT Concepts LLC to expand into the Oklahoma City and Tulsa markets.