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BurgerFi International, Inc. - BFI STOCK NEWS

Welcome to our dedicated page for BurgerFi International news (Ticker: BFI), a resource for investors and traders seeking the latest updates and insights on BurgerFi International stock.

Overview

BurgerFi International, Inc. (NASDAQ: BFI) operates as a multi-brand restaurant company that redefines the fast-casual dining experience by emphasizing high-quality ingredients and a commitment to culinary excellence. Renowned for its "better burger" concept and supported by its sister brand, Anthony’s Coal Fired Pizza & Wings, BurgerFi has established a unique market position that blends casual dining with a focus on fresh, all-natural food offerings. Early on, the company garnered attention by building its national footprint, combining a franchising model with corporate-owned locations to expand its reach across diverse markets.

Business Model and Operations

At its core, BurgerFi International is dedicated to delivering an exceptional dining experience by serving gourmet-style burgers, quality pizzas, wings, and other premium menu items. The company’s business model leverages both direct sales and franchise-based revenue streams. Franchisees contribute through ongoing royalties driven by their restaurant sales, while corporate-owned outlets incorporate operational strategies designed to control quality, cost, and customer experience.

Using a fast-casual dining format, BurgerFi integrates modern technology in its operations – such as efficient point-of-sale systems and inventory control – that support labor efficiency and cost management. The company’s strategic initiatives, including menu innovations and enhanced customer engagement efforts, demonstrate a commitment to operational excellence that deepens its competitive positioning in the quick-service restaurant industry.

Market Position and Industry Relevance

BurgerFi International is recognized as one of America’s fastest growing burger franchises, combining culinary creativity with a focus on premium ingredients like 100% American Angus Beef. The emphasis on fresh, antibiotic-free ingredients differentiates the brand within a crowded fast-casual market where consumer demand for quality and sustainability is increasing. By incorporating operational efficiencies and strategic review processes, the company addresses common industry challenges such as rising labor and food costs, while simultaneously reinforcing its brand identity.

Within the broader restaurant industry, BurgerFi competes against both traditional fast food and burgeoning fast-casual brands. Its dual-brand approach, featuring both a signature burger experience and a specialized pizza and wings concept, allows it to capture a wider segment of consumers who value both innovation and tradition in dining experiences.

Operational Highlights

  • Quality and Ingredient Sourcing: The company is dedicated to using fresh, all-natural ingredients, ensuring a dining experience that emphasizes taste and nutritional integrity.
  • Franchising and Corporate Strategy: Operating a mix of franchised and corporate outlets, BurgerFi fosters local market engagement while leveraging centralized operational standards.
  • Technology Integration: Investment in modern POS platforms and inventory management systems aids in streamlining operations and controlling costs.
  • Adaptation and Restructuring: Amid market challenges, the company’s strategic review and restructuring processes are designed to stabilize operations and optimize business performance without compromising the customer experience.

Brand and Consumer Experience

BurgerFi International’s commitment to quality is visible throughout its menu, where each item is crafted to meet high culinary standards and provide consistency across locations. From its signature Angus Beef burgers to innovative twist on classic offerings, the brand appeals to a demographic that values both health-conscious dining and indulgence. The dual-brand strategy not only increases market penetration but also enhances consumer choice, offering a blend of casual dining and gourmet experiences.

The company’s precise focus on crafting high-quality food products and efficient operations is reflected in every aspect of its business model, helping it maintain a distinctive presence in a competitive industry. With a clear operational framework and a dedication to customer satisfaction, BurgerFi International, Inc. continues to serve as an informative case study for investors seeking to understand the dynamics of fast-casual dining combined with franchised operations.

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BurgerFi® unveils Better Burger Lab™ in NYC with exclusive menu items and rewards for guests. CEO emphasizes unique dining experiences and innovation through real-time feedback.
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BurgerFi International, Inc. reported preliminary unaudited financial results for the fourth quarter and fiscal year ended January 1, 2024, highlighting total revenue, systemwide sales, same-store sales, net loss, and adjusted EBITDA. Despite challenges, management is optimistic about the future and has implemented strategic priorities to drive growth and profitability.
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BurgerFi International, Inc. introduces the HEINZ REMIX™ Machine at its Lauderdale-By-The-Sea location, allowing customers to create their own sauce combinations. This innovation aims to provide unique dining experiences for BurgerFi Fi-natics.
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BurgerFi International, Inc. will report financial results for the fourth quarter and fiscal year ended January 1, 2024, on April 1, 2024. The company will discuss the results in a conference call at 4:30 p.m. Eastern time on the same day.
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BurgerFi announces a new Prime Rib Burger for the South Beach Wine and Food Festival, with a 'Prime Day' promotion on February 28 offering a $6 burger with a Coca-Cola Freestyle purchase. The brand aims to defend its 'Best Burger' title at the SOBEWFF Burger Bash, showcasing their commitment to quality ingredients and culinary innovation.
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BurgerFi International's owned Anthony's Coal Fired Pizza & Wings is participating in 'Diners, Drive-Ins and Dives LIVE' event, offering exclusive Italian dishes. The event will showcase the brand's fresh ingredients and unique dining experiences at The Ritz-Carlton in Miami Beach. The company aims to bring an 'authentic Italian experience' to the attendees, including specialty dishes like spaghettini appetizer and meatball sliders.
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BurgerFi introduces the Yes, Chef Burger, inspired by a viral sensation and a scene from the movie 'The Menu'. The new offering features thinly sliced onions hand-smashed into a beef patty, two all-angus beef patties, chargrilled onions, and melted American cheese. The company aims to cater to the demands of their guests and provide a compelling experience for foodies. The Yes, Chef Burger will be available for dine-in, pickup, or delivery starting January 23, 2024.
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BurgerFi International, Inc. (NASDAQ: BFI, BFIIW) reported preliminary results for fiscal year 2023, set initial business outlook for fiscal year 2024 focusing on five key strategic initiatives. Preliminary outcomes for the fourth quarter 2023 include total revenue of approximately $42 million and consolidated systemwide restaurant sales of approximately $65 million. The company operated and franchised 168 total restaurants as of January 2, 2024, with plans to reopen a flagship, company-owned, BurgerFi in New York City.
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BurgerFi International, Inc. (NASDAQ: BFI, BFIIW) will participate in the 26th Annual ICR Conference. CEO Carl Bachmann and CFO Christopher Jones will host a fireside chat on January 9, 2024, at 10:30 a.m. Eastern Time. The chat will be webcast live and available for replay on the Company’s Investor Relations website at ir.burgerfi.com under ‘News & Events.’
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BurgerFi International, Inc. (BFI) announces the opening of the first-ever co-branded BurgerFi and Anthony's restaurant in Kissimmee, FL. The location will offer a limited-time menu, surprise giveaways, and a chance to win free BurgerFi or Anthony's for a year. The co-branded establishment is owned and operated by franchisee NDM Hospitality, marking the inaugural franchise site for Anthony's Coal Fired Pizza & Wings. The grand opening celebration is scheduled for December 18, 2023, at The Promenade at the Margaritaville Resort Orlando. The location will also host a Community Celebration Day on December 17, offering complimentary food from a limited menu. The restaurant will provide dine-in, takeout, and online ordering for pickup or delivery, open daily from 11:30 am to 10 pm (Sunday-Thursday) and 11:30 am to 11 pm (Friday-Saturday).
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FAQ

What is the current stock price of BurgerFi International (BFI)?

The current stock price of BurgerFi International (BFI) is $0.083 as of February 7, 2025.

What is the market cap of BurgerFi International (BFI)?

The market cap of BurgerFi International (BFI) is approximately 4.1M.

What is the core business of BurgerFi International, Inc.?

BurgerFi International, Inc. operates as a multi-brand restaurant company, focusing on fast-casual dining with a "better burger" concept and a premium pizza and wings offering under the Anthony’s brand.

How does BurgerFi generate its revenue?

The company generates revenue through a combination of direct sales from its corporate-owned restaurants and franchising royalties from its franchised locations, ensuring diversified income sources across its brands.

What distinguishes BurgerFi from other fast-casual dining brands?

BurgerFi distinguishes itself with its commitment to high-quality, all-natural ingredients, innovative menu items, and a dual-brand strategy that offers both gourmet burgers and specialized pizza and wings options.

How does BurgerFi incorporate franchising into its growth strategy?

Franchising plays a key role in BurgerFi's expansion by allowing local entrepreneurs to leverage the brand’s operational models and quality standards, while the company receives revenue through ongoing royalties based on franchise sales.

What operational strategies does BurgerFi use to manage costs?

The company integrates technology such as advanced POS systems and inventory control measures to drive labor efficiency and cost management, which helps maintain consistency across all locations.

How is BurgerFi positioned within the competitive restaurant industry?

BurgerFi is positioned as a dynamic, fast-casual dining option that appeals to consumers seeking high-quality, freshly prepared food. Its dual-brand approach and focus on operational excellence provide a unique market niche within the broader restaurant industry.

What are the main challenges that BurgerFi faces?

BurgerFi navigates common industry challenges such as rising food and labor costs, competitive pressures from both traditional fast food and emerging fast-casual brands, and operational inefficiencies which the company addresses through strategic restructuring.
BurgerFi International, Inc.

Nasdaq:BFI

BFI Rankings

BFI Stock Data

4.06M
27.40M
43.87%
19.72%
3.94%
Restaurants
Retail-eating Places
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United States
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