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.
BurgerFi International, Inc. (NASDAQ: BFI) maintains this centralized news hub for tracking corporate developments in the fast-casual dining sector. Investors and industry observers will find verified updates spanning financial disclosures, operational milestones, and brand initiatives.
This resource aggregates essential information including earnings reports, franchising updates, and leadership changes. Regular updates ensure comprehensive coverage of BFI's dual-brand strategy featuring its signature better burger concept and Anthony’s pizza offerings.
Key focus areas include menu innovations, restaurant expansion patterns, and operational efficiency measures. All content undergoes strict verification to provide reliable insights into the company's market positioning and financial health.
Bookmark this page for streamlined access to BurgerFi's latest press releases and strategic announcements. Monitor critical developments in food service operations, ingredient sourcing practices, and competitive differentiation within the evolving casual dining landscape.
Imprint announced a partnership with BurgerFi International (Nasdaq: BFI, BFIIW) to launch the BurgerFi and Anthony's Coal Fired Pizza & Wings Visa Card. The card provides users with cashback rewards for orders made online or in-store, offering 3% cashback at participating locations and 1% on all other purchases. The first 200 sign-ups receive a $25 bonus. The card features no credit checks, interest, or fees. This collaboration aims to enhance customer loyalty and retention while minimizing payment processing costs.
HEINZ has launched the ‘Art of the Burger’ competition, inviting burger enthusiasts to create a unique burger masterpiece to be featured at BurgerFi locations. The contest runs until July 12, with a prize of
BurgerFi reported a remarkable 311% revenue growth in Q1 2022, reaching $44.9 million, driven by the acquisition of Anthony's Coal Fired Pizza & Wings. The company opened six new restaurants and aims for 15-20 new openings in 2022. Though total systemwide restaurant sales increased by 2%, same-store sales for BurgerFi decreased by 8%. Despite higher operational costs, adjusted EBITDA rose 213% to $2.3 million. The company reaffirms its 2022 guidance for revenues between $180-190 million and adjusted EBITDA of $12-14 million.
BurgerFi International, owner of BurgerFi and Anthony’s Coal Fired Pizza & Wings, will report Q1 financial results on May 16, 2022. Management will host a conference call at 4:30 p.m. ET to discuss outcomes. BurgerFi has 124 locations (97 franchised, 27 corporate) and is recognized for its commitment to quality food, including 100% American Angus Beef. Anthony's, acquired in November 2021, operates 61 corporate locations, known for coal-fired pizza and wings. For more information, please visit their investor relations website.
BurgerFi reported a remarkable 261% revenue increase to $35.1 million in Q4 2021, fueled by the acquisition of Anthony’s and new restaurant openings. For the full year, revenue surged 103% to $68.9 million, with systemwide sales rising 31%.
Despite the growth, the net loss attributable to common shareholders was $117.3 million in Q4 and $121.5 million for the year, largely due to non-cash impairment charges. Management expects $180-190 million in annual revenues for 2022 and plans to open 15-20 new locations.
BurgerFi International, Inc. (NASDAQ: BFI, BFIIW) will announce its financial results for the fourth quarter and full year ending December 31, 2021, on April 14, 2022, before market hours. A conference call is scheduled for 8:30 a.m. ET on the same day to discuss these results. BurgerFi continues to expand its presence with 118 BurgerFi locations and 61 Anthony’s Coal Fired Pizza & Wings restaurants. The company emphasizes high-quality ingredients, earning accolades like 'Best Fast Casual Restaurant' from USA Today.
BurgerFi has launched a 90-day pilot program partnering with Gopuff to introduce the "Fi on the Fly®" food truck in the Tallahassee area. This initiative, active from March 21, 2022, to June 18, 2022, allows late-night delivery of BurgerFi's menu, including A-grade burgers and cage-free chicken, between 7:00 p.m. and 3:00 a.m. To promote the service, new customers can enjoy $10 off their first two Gopuff orders. BurgerFi's expansion continues with over 15 new locations planned for 2022, following the acquisition of Anthony's Coal Fired Pizza in November 2021.
BurgerFi International (Nasdaq: BFI, BFIIW) announced its fiscal year 2021 revenue guidance of approximately $68 million, comprising $46 million from BurgerFi and $22 million from Anthony’s acquired in November 2021. Same-store sales increased by 5% in Q4 2021. For 2022, the company expects revenue between $180 million and $190 million, with same-store sales showing mid-single-digit percentage growth. BurgerFi plans 15 to 20 new openings and anticipates $12 million - $14 million in Adjusted EBITDA.
BurgerFi International (Nasdaq: BFI, BFIIW) announced its participation in the 2022 ICR Conference. CEO Ian Baines and CFO Mike Rabinovitch will lead a fireside chat on January 11, 2022, at 1:30 p.m. Eastern Time, accessible via a live webcast for 90 days. The company operates 116 BurgerFi locations and recently acquired Anthony's Coal Fired Pizza & Wings, enhancing its brand portfolio. BurgerFi is recognized for its commitment to quality, serving only fresh, antibiotic-free beef, and has received multiple accolades including QSR Magazine's Breakout Brand of 2020.
BurgerFi, a leading fast-casual restaurant chain, is enhancing the dining experience through innovative technologies in response to labor shortages and changing consumer preferences. Testing five new strategies, including in-car ordering via Mavi.io, the introduction of Patty the Robot for customer service, and QR code table ordering, the brand aims to improve efficiency and guest satisfaction. Additionally, BurgerFi operates 25 ghost kitchens and opened a hybrid food hall in Chicago, showcasing its commitment to growth and delivery options. Recognized as a top brand in the fast-casual sector, BurgerFi continues to focus on quality and innovation.
