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Stock impact report

Friendly's Restaurants In The Midst Of Another Comeback [Forbes]

Red Robin Gourmet Burgers, Inc. (RRGB) 
Last red robin gourmet burgers, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.redrobin.com
Company Research Source: Forbes
Friendly's Restaurants has been up and down more than most rollercoasters. Back in 2011, it declared bankruptcy and was acquired by Dean Foods, a large milk producer. After it filed for bankruptcy, yet again, in 2020, it was acquired by Brix Holdings in January 2021, a Plano, Tx.-based restaurant franchiser, which owns Red Mango Yogurt Café, Souper Salad. Humble Donut Co., and Pizza Jukebox. Brix is committed to turning it around, remodeling and beginning to franchise again—in short, reviving the brand. It's starting by extending it beyond the Northeast and franchising in Texas. Friendly's Restaurants was always considered a casual dining eatery, mostly in the Northeast, known for its signature ice-cream, sandwiches and burgers, a place to dine with family and friends. Until, that is, its restaurants started to get run-down and the menu didn't adapt to the times. It currently has 103 locations of which 97 are franchised. But, at the same time, it has shuttered 23 locations betw Show less Read more
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