Red Robin Closes $115M Refinancing and Refranchising Push
Red Robin Gourmet Burgers completed a $115M credit facility and monetized 108 restaurants for $89.4M, reshaping its debt profile under the First Choice Plan.
restaurant stocks
Darden Q1 Sales Hit $3.2B as LongHorn Outpaces Olive Garden
Darden reported Q1 FY2027 sales of $3.2B, led by 6.2% LongHorn same-store growth, while reaffirming full-year EPS guidance of $11.10 to $11.35.
Yum Brands Sells Pizza Hut for $2.7B in Two-Part Deal
Yum Brands is offloading Pizza Hut for $2.7 billion in a two-part deal with LongRange Capital and Yum China to refocus on KFC and Taco Bell.