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Stock impact report

Slutty Vegan founder Pinky Cole wants her $100-million chain to rival Burger King [Fortune]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: Fortune
– Getting slutty. Growing up in Baltimore, Pinky Cole looked up to those who had found success in music and entertainment. That reverence led her to a career as a television producer in Atlanta—until she was laid off. Cole reflected on her career choice and swiftly realized that the entertainment industry shouldn’t have a monopoly on who receives acclaim and attention. Four years ago, she founded the Atlanta-based restaurant chain Slutty Vegan, heralded for its burgers and fries, nondidactic approach to the vegan diet, and enthusiastic point of view. The chain was valued at $100 million earlier this year after a $25 million investment from a group that included Union Square Hospitality and Shake Shack’s Danny Meyer. “Once upon a time, it was probably not that cool to be a restaurateur,” Cole says. “But now it’s cool to be a restaurateur. It’s cool to be an entrepreneur, have a business, and be scaling it.” And Cole is indeed scaling. Slutty Vegan opened its eighth location earlier t Show less Read more
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