BurgerFi International, Inc., together with its subsidiaries, operates as a franchisor of quick service restaurants. Its products include burgers, hot dogs, crispy chicken, frozen custard, hand-cut fries, shakes, beer, wine, and others. As of May 25, 2021, it operated approximately 120 BurgerFi restaurants in the United States and internationally. The company was formerly known as Opes Acquisition Corp. and changed its name to BurgerFi International, Inc. in December 2020. BurgerFi International, Inc. was founded in 2011 and is based in North Palm Beach, Florida.
IPO Year: 2018
Exchange: NASDAQ
Website: burgerfi.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/23/2021 | $11.00 | Buy | BTIG |
3 - BurgerFi International, Inc. (0001723580) (Issuer)
3 - BurgerFi International, Inc. (0001723580) (Issuer)
3 - BurgerFi International, Inc. (0001723580) (Issuer)
3 - BurgerFi International, Inc. (0001723580) (Issuer)
4 - BurgerFi International, Inc. (0001723580) (Issuer)
4 - BurgerFi International, Inc. (0001723580) (Issuer)
4/A - BurgerFi International, Inc. (0001723580) (Issuer)
4/A - BurgerFi International, Inc. (0001723580) (Issuer)
4 - BurgerFi International, Inc. (0001723580) (Issuer)
4 - BurgerFi International, Inc. (0001723580) (Issuer)
8-K - BurgerFi International, Inc. (0001723580) (Filer)
8-K - BurgerFi International, Inc. (0001723580) (Filer)
NT 10-Q - BurgerFi International, Inc. (0001723580) (Filer)
8-K - BurgerFi International, Inc. (0001723580) (Filer)
8-K - BurgerFi International, Inc. (0001723580) (Filer)
8-K - BurgerFi International, Inc. (0001723580) (Filer)
8-K - BurgerFi International, Inc. (0001723580) (Filer)
8-K - BurgerFi International, Inc. (0001723580) (Filer)
10-Q - BurgerFi International, Inc. (0001723580) (Filer)
8-K - BurgerFi International, Inc. (0001723580) (Filer)
FORT LAUDERDALE, Fla., Aug. 30, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, has received deficiency notices from Nasdaq Stock Market LLC ("Nasdaq") related to the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended July 1, 2024 ("Q2 Form 10-Q") and the composition of Board committees arising from the resignation of directors. On August 27, 2024, Nasdaq provided formal notice to the Comp
FORT LAUDERDALE, Fla., July 25, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, announced today that the Company and Lion Point Capital, LP ("Lion Point") entered into a Settlement Agreement (the "Settlement Agreement") pursuant to which, among other things, the Company and Lion Point agreed to resolve all claims between Lion Point and the Company existing as of, or prior to, the date of the Settlement Agreement related to the pr
Designates David Heidecorn as successor to Ophir Sternberg as Chairman of the Board Enters retention agreements with executive leadership to ensure steady leadership FORT LAUDERDALE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, announced today several key initiatives with the goal of enhancing the Company's prospects and ensuring stable Management as the Company goes through the proce
FORT LAUDERDALE, Fla., May 15, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of BurgerFi, one of the nation's leading fast-casual "better burger" dining brands, and Anthony's Coal Fired Pizza & Wings ("Anthony's"), the high-quality, casual dining pizza brand, today reported financial results for the first quarter ended April 1, 2024. Highlights for the First Quarter 2024 Total revenue was $42.9 million in the first quarter 2024 compared to $45.7 million in the prior period Consolidated systemwide sales decreased to $66.0 million compared to $73.4 million in the prior periodSame-store sales decreased 2% at Anthony's compar
FORT LAUDERDALE, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi"), owner of one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's"), will report financial results for the first quarter 2024 on Wednesday, May 15, 2024 prior to market opening. Management will host a conference call at 8:30 a.m. Eastern time on the same day to discuss the results. The conference call will be broadcast live and available for replay on the Company's Investor Relations website at ir.burgerfi.com. Partic
FORT LAUDERDALE, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner BurgerFi, one of the nation's leading fast-casual "better burger" dining brands, and Anthony's Coal Fired Pizza & Wings ("Anthony's"), the high-quality, casual dining pizza brand, today reported preliminary unaudited financial results for the fourth quarter and fiscal year ended January 1, 2024. Highlights for the Fourth Quarter 20231 Total revenue was $41.5 million in the fourth quarter 2023 compared to $45.2 million in the fourth quarter 2022 Consolidated systemwide sales decreased to $65.0 million compared to $71.6 million in the prior
FORT LAUDERDALE, Fla., March 29, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi"), owner of one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's"), will report financial results for the fourth quarter and fiscal year ended January 1, 2024 on Monday, April 1, 2024 after the market closes. Management will host a conference call at 4:30 p.m. Eastern time on the same day to discuss the results. The conference call will be broadcast live and available for replay on the Company's Investor Relations
Sets Initial Business Outlook for Fiscal Year 2024 Focused on Five Key Strategic Initiatives FORT LAUDERDALE, Fla., Jan. 08, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, today reported preliminary results for the fiscal year 2023 which ended on January 1, 2024. The Company also set its initial business outlook for fiscal year 2024 as it focuses on five key strategic initiatives. Management Commentary Carl Ba
FORT LAUDERDALE, Fla., Nov. 15, 2023 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza and wings concept under the name Anthony's Coal Fired Pizza & Wings ("Anthony's") brand, today reported financial results for the third quarter ended October 2, 2023. Highlights for the Third Quarter 2023 Total revenue was $39.5 million in the third quarter 2023 compared to $43.3 million in the prior period Consolidated systemwide sales decreased to $65.3 million compared to $70.6 million in the prior p
FORT LAUDERDALE, Fla., Nov. 08, 2023 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi"), owner of one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's"), will report financial results for the third quarter ended October 2, 2023 on Wednesday, November 15, 2023 before the market opens. Management will host a conference call at 8:30 a.m. Eastern time on the same day to discuss the results. The conference call will be broadcast live and available for replay on the Company's Investor Relations website at
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Gainers QuantaSing Group (NASDAQ:QSG) stock increased by 16.2% to $1.94 during Friday's after-market session. The market value of their outstanding shares is at $109.5 million. As per the press release, Q3 earnings came out yesterday. Barnes & Noble Education (NYSE:BNED) shares increased by 6.92% to $0.19. The market value of their outstanding shares is at $9.8 million. Nova Lifestyle (NASDAQ:NVFY) stock rose 6.7% to $1.75. The market value of their outstanding shares is at $4.2 million. MGO Global (NASDAQ:MGOL) stock rose 3.7% to $0.42. The market value of their outstanding shares is at $7.6 million. BurgerFi International (NASDAQ:BFI) shares increased by 3.49% to $0.25. The company's
Heidecorn, a Senior Advisor to and former Partner of L Catterton, was designated as the successor to Ophir Sternberg, who resigned all positions with the Company on May 23, 2024, including as Executive Chairman of the Board, effective immediately. The Company has entered into a Forbearance Agreement and Seventeenth Amendment to its existing credit facilities with TREW Capital Management Private Credit 2 LLC ("TREW"), pursuant to which the secured parties under the credit facilities agreed to forbear from exercising their rights under the credit documents until at least July 31, 2024. In addition, L Catterton and TREW have each agreed to lend up to $2 million ($4 million collectively) to as
The Company does not currently intend to comment further on this strategic review process and will make further announcements in accordance with its ongoing disclosure obligations and pursuant to applicable laws and regulations.
BurgerFi International (NASDAQ:BFI) reported quarterly losses of $(0.24) per share which beat the analyst consensus estimate of $(0.29) by 17.24 percent. This is a 38.46 percent increase over losses of $(0.39) per share from the same period last year. The company reported quarterly sales of $42.88 million which missed the analyst consensus estimate of $43.70 million by 1.88 percent. This is a 6.23 percent decrease over sales of $45.73 million the same period last year.
FORT LAUDERDALE, Fla., Aug. 30, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, has received deficiency notices from Nasdaq Stock Market LLC ("Nasdaq") related to the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended July 1, 2024 ("Q2 Form 10-Q") and the composition of Board committees arising from the resignation of directors. On August 27, 2024, Nasdaq provided formal notice to the Comp
FORT LAUDERDALE, Fla., July 25, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, announced today that the Company and Lion Point Capital, LP ("Lion Point") entered into a Settlement Agreement (the "Settlement Agreement") pursuant to which, among other things, the Company and Lion Point agreed to resolve all claims between Lion Point and the Company existing as of, or prior to, the date of the Settlement Agreement related to the pr
Designates David Heidecorn as successor to Ophir Sternberg as Chairman of the Board Enters retention agreements with executive leadership to ensure steady leadership FORT LAUDERDALE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's") and one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, announced today several key initiatives with the goal of enhancing the Company's prospects and ensuring stable Management as the Company goes through the proce
Better burger brand calls Fi-natics to savor this delectable offer with any Freestyle Beverage purchase on May 28 FORT LAUDERDALE, Fla., May 23, 2024 /PRNewswire/ -- BurgerFi®, owned by BurgerFi International, Inc., is inviting Fi-natics to celebrate National Hamburger Day on May 28, 2024, by sinking their teeth into its juicy, antibiotic-free, Angus Beef double burger! Guests who dine in and purchase a Coca-Cola Freestyle Beverage can add on a premium BurgerFi Burger for only $3. Who's ready to dig in? "As America's favorite better burger brand, we're proud to establish this day as a core holiday that our Fi-natics can look forward to every year. The love for our sensationally indulgent bu
Brand ruffles feathers by changing their name to ChickenFi, starting May 21 FORT LAUDERDALE, Fla., May 21, 2024 /PRNewswire/ -- Hold onto your beaks! BurgerFi® is "winging it" big time by rebranding as ChickenFi and diving into the Chicken Wars! The name change ruffles feathers and celebrates the debut of the new Fried and Grilled Chicken Sandwiches and this antibiotic-free chicken is available every day including Sundays. Yes, that is right, Sundays! Bring your appetite and savor these new chicken offerings starting on May 21, 2024. "Chicken presents a significant opportunity for business growth. We've expanded our chicken offerings by 50%, broadening our menu selection and improving our
FORT LAUDERDALE, Fla., May 15, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of BurgerFi, one of the nation's leading fast-casual "better burger" dining brands, and Anthony's Coal Fired Pizza & Wings ("Anthony's"), the high-quality, casual dining pizza brand, today reported financial results for the first quarter ended April 1, 2024. Highlights for the First Quarter 2024 Total revenue was $42.9 million in the first quarter 2024 compared to $45.7 million in the prior period Consolidated systemwide sales decreased to $66.0 million compared to $73.4 million in the prior periodSame-store sales decreased 2% at Anthony's compar
FORT LAUDERDALE, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi"), owner of one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's"), will report financial results for the first quarter 2024 on Wednesday, May 15, 2024 prior to market opening. Management will host a conference call at 8:30 a.m. Eastern time on the same day to discuss the results. The conference call will be broadcast live and available for replay on the Company's Investor Relations website at ir.burgerfi.com. Partic
Brand invites Fi-natics to join the celebration on April 4 an exclusive tasting of the Breakfast Everything Bagel Burger and New Fried Chicken Sandwich NEW YORK, April 2, 2024 /PRNewswire/ -- BurgerFi® is turning the Big Apple into the Big Burger as the brand reclaims its spot in the heart of New York City with the unveiling of its highly-anticipated Better Burger Lab™. Festivities complete with a DJ, giveaways, Amazon One Kiosk, and more. BurgerFi will transform guests into Fi-natics upon entering the Upper East Side location! On Thursday, April 4, the award-winning burger brand will re-open its doors to guests at 1571 Second Ave. The grand opening celebration will kick off at 11 a.m., wh
FORT LAUDERDALE, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner BurgerFi, one of the nation's leading fast-casual "better burger" dining brands, and Anthony's Coal Fired Pizza & Wings ("Anthony's"), the high-quality, casual dining pizza brand, today reported preliminary unaudited financial results for the fourth quarter and fiscal year ended January 1, 2024. Highlights for the Fourth Quarter 20231 Total revenue was $41.5 million in the fourth quarter 2023 compared to $45.2 million in the fourth quarter 2022 Consolidated systemwide sales decreased to $65.0 million compared to $71.6 million in the prior
First ever brand to have in-restaurant customizable sauce dispenser FORT LAUDERDALE, Fla., March 29, 2024 /PRNewswire/ -- BurgerFi®, owned by BurgerFi International, Inc., is taking part in the sauce revolution by being the first brand to debut the HEINZ REMIX™Machine at its 4343 N Ocean Blvd, Lauderdale-By-The-Sea, FL 33308 location. BurgerFi Fi-natics can be the first to create their very-own condiment concoctions with fresh-cut crispy, crunchier BurgerFi French fries, hand beer-battered onion rings and more. "As a brand, we know that guests are looking for unique dining experiences, and there is nothing more distinctive than being able to create a sauce flavor profile that is custom to y
BTIG initiated coverage of BurgerFi International with a rating of Buy and set a new price target of $11.00
Brand invites Fi-natics to join the celebration on April 4 an exclusive tasting of the Breakfast Everything Bagel Burger and New Fried Chicken Sandwich NEW YORK, April 2, 2024 /PRNewswire/ -- BurgerFi® is turning the Big Apple into the Big Burger as the brand reclaims its spot in the heart of New York City with the unveiling of its highly-anticipated Better Burger Lab™. Festivities complete with a DJ, giveaways, Amazon One Kiosk, and more. BurgerFi will transform guests into Fi-natics upon entering the Upper East Side location! On Thursday, April 4, the award-winning burger brand will re-open its doors to guests at 1571 Second Ave. The grand opening celebration will kick off at 11 a.m., wh
FORT LAUDERDALE, Fla., May 08, 2023 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi"), owner of one of the nation's leading fast-casual "better burger" dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony's Coal Fired Pizza & Wings ("Anthony's"), today announced that Ian H. Baines has retired from his role of Chief Executive Officer, effective as of June 7, 2023, but, in lieu of any severance that would otherwise be payable under his employment agreement, has agreed to serve as an outside consultant to the Company for the next 12-months following his resignation. The Board has begun a comprehens
PALM BEACH, Fla., July 15, 2021 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), one of the nation's fastest-growing premium fast-casual concepts, has appointed Vivian Lopez-Blanco to its board of directors, effective July 14, 2021. Lopez-Blanco's appointment follows the sudden passing of board member Steven Berrard announced on June 10, 2021. Lopez-Blanco has also been named as the chair of the audit committee and will be serving on the compensation committee and nominating governance committee. Lopez-Blanco is an experienced board member and seasoned finance executive with expertise in organizational transformations and driving prof
PALM BEACH, Fla., March 03, 2021 (GLOBE NEWSWIRE) -- BurgerFi International Inc. (Nasdaq: BFI, BFIIW), one of the nation’s fastest-growing premium fast-casual concepts and QSR’s 2020 Breakout Brand of the Year known for its better burgers, has hired Michael Rabinovitch as Chief Financial Officer. Rabinovitch holds over 25 years of extensive financial leadership skills from best-in-class publicly held retail and distribution companies, high growth retail concepts, extensive international experience and has completed and integrated over 25 acquisitions valued at over $2 billion dollars during his career. “As BurgerFi continues to accelerate its growth strategy, Michael’s extensive experie
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