Bankrupt Etta restaurants bought for $4 million by Texas fintech entrepreneur, who plans to grow the brand [Yahoo! Finance]
Wintrust Financial Corporation (WTFC)
Last wintrust financial corporation earnings: 4/21 06:15 pm
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Source: Yahoo! Finance
Johann Moonesinghe, 41, CEO and co-founder of Austin-based restaurant fintech startup inKind, completed the acquisition April 16, according to court filings, setting the table for Etta to pay off its secured creditors, emerge from bankruptcy and focus on its acclaimed flame-kissed fare. “Etta is a phenomenal concept,” said Moonesinghe, who was in Chicago Monday visiting the original Etta Bucktown restaurant. “I think it's highly scalable, great food, wood-fired cooking. Our intent is actually to grow Etta as a brand.” Launched in 2018, Etta's hearth-centric menu of pizza, grilled meats and other offerings was an instant hit, spawning far-flung spinoffs. But more recently, the small restaurant group has been embroiled in an internecine ownership battle and financial struggle. The restaurant group under former owner David Pisor accumulated millions in debt as it operated two Etta locations in Chicago, standalone outposts in California and Arizona, as well as Aya Pastry in the Wes
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News
- Be Sure To Check Out Wintrust Financial Corporation (NASDAQ:WTFC) Before It Goes Ex-Dividend [Yahoo! Finance]Yahoo! Finance
- Wintrust Financial Corporation Announces Cash DividendsGlobeNewswire
- Wintrust Financial Co. (NASDAQ: WTFC) had its price target lowered by analysts at Truist Financial Co. from $117.00 to $112.00. They now have a "buy" rating on the stock.MarketBeat
- Wintrust Financial Co. (NASDAQ: WTFC) had its price target lowered by analysts at Citigroup Inc. from $115.00 to $113.00. They now have a "buy" rating on the stock.MarketBeat
- Wintrust Financial Corporation (NASDAQ:WTFC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
WTFC
Earnings
- 4/17/24 - Beat
WTFC
Sec Filings
- 5/9/24 - Form 10-Q
- 4/24/24 - Form 4
- 4/17/24 - Form 8-K
- WTFC's page on the SEC website