Janney Montgomery Scott managing director Steve Rockwell
Casual dining, once the hottest sector of the restaurant industry, is anything but today. Recent headlines have covered everything from activist investors getting involved in order to rejuvenate a brand and jump-start performance of the stock, to management shakeups and bankruptcies. Consider the following, which have taken place in just the last few months: 1. Activists have become involved with Darden Restaurants Inc. and BJ’s Restaurants ...
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