Here are over 100 L.A. restaurant closures in 2025. Many just couldn't ‘make this work anymore' [Los Angeles Times (CA)]
Omnicom Group Inc. (OMC)
Last omnicom group inc. earnings: 4/28 06:25 am
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Source: Los Angeles Times
Wildfires, tariffs, immigration raids, labor costs and declining spending and tourism created compounding crises. Legendary spots including Guerrilla Tacos, Papa Cristo's, Gucci Osteria and Sprinkles Cupcakes permanently shuttered. Last year was difficult for Los Angeles chefs and restaurateurs. Many entered 2025 hoping for reprieve from previous setbacks and pitfalls : years of inflation, diminished business due to local entertainment-industry strikes and fewer productions, COVID-era back rent coming due, increases in the cost of labor and rent. But 2025 proved to be even more disastrous, compounding existing issues It started with wildfires across the region, which destroyed thousands of Southern California homes, restaurants, bars and other businesses. Tariffs caused the price of some ingredients to soar, while rent and labor continued to increase. Immigration raids and lower tourism only exacerbated diminished sales. It was not an easy year for L.A. restaurants, and accordi
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News
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- Omnicom Unveils the New Omni: an AI-Driven Marketing Intelligence Platform Delivering Measurable Sales Growth for Brands [Yahoo! Finance]Yahoo! Finance
- Is Omnicom Group (OMC) Pricing Reflect Recent 8.4% Rise And Interpublic Merger Hopes [Yahoo! Finance]Yahoo! Finance
OMC
Earnings
- 10/21/25 - Beat
OMC
Sec Filings
- 1/8/26 - Form SCHEDULE
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- OMC's page on the SEC website