FRANCHISE GROUP, INC. DISCUSSES COVID-19 BUSINESS IMPACT
Franchise Group, Inc. (FRG)
Company Research
Source: GlobeNewswire
Announces Strong Cash Position and Increased LiquidityReceipt of Nasdaq Delinquency Notice VIRGINIA BEACH, Va., April 03, 2020 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today is providing a business update primarily based on the impact of COVID-19. Brian Kahn, CEO of Franchise Group, stated, “First and foremost, Franchise Group is committed to the health and safety of our employees, customers, and their families and neighbors. Our operating management teams have proven to be compassionate, decisive leaders that have demonstrated outstanding leadership in a time of such uncertainty. Our teams are ensuring our business continuity procedures and processes align with the guidance from health officials and state and local governments. We are committed to meeting our business obligations, while serving our communities and customers.” Mr. Kahn continued, “We are confident that our current businesses are well positioned for both the c
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