Famous Dave’s of America, Inc. Announces Repayment of Term Loan
Dave Inc. - Class A (DAVE)
Last dave inc. - class a earnings: 11/13 04:05 pm
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ir.famousdaves.com
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Source: GlobeNewswire
MINNEAPOLIS, June 19, 2018 (GLOBE NEWSWIRE) -- Famous Dave's of America, Inc. (the “Company”) (NASDAQ:DAVE) today announced that it utilized $4.1 million of cash to repay the remaining balance on its term loan from Venture Bank. Jeff Crivello, CEO, commented, “The repayment of the term loan reduces our gross debt outstanding to approximately $3.5 million, which not only provides for cash interest savings in the short term, but greater flexibility to achieve favorable terms to finance accretive investment opportunities that we may identify in the future.” About Famous Dave’s Famous Dave’s develops, owns, operates and franchises barbeque restaurants. Its menu features award-winning barbequed and grilled meats, a selection of salads, sandwiches, side items, and made-from-scratch desserts. As of June 19, 2018, the Company owns 15 locations and franchises an additional 136 restaurants in 32 states, the Commonwealth of Puerto Rico, Canada, and United Arab Emirates. Forward-Loo
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DAVE
Sec Filings
- 4/22/24 - Form ARS
- 4/22/24 - Form DEF
- 4/19/24 - Form 4
- DAVE's page on the SEC website