Sponsored By

Del Frisco’s CEO talks growth after IPODel Frisco’s CEO talks growth after IPO

Mark Mednansky speaks with Nation’s Restaurant News about the future of the casual-dining operator, which made its Wall Street debut Friday

Ron Ruggless, Senior Editor

October 25, 2012

4 Min Read
Nation's Restaurant News logo in a gray background | Nation's Restaurant News

Ron Ruggless

Del Frisco's Restaurant Group Inc. made its market debut Friday, but investors’ appetite for the steakhouse chain was subdued.

Del Frisco’s stock opened down about 1.9 percent, at $12.75 a share, from an initial IPO pricing of $13. Southlake, Texas-based Del Frisco’s, trading as DFRG, had originally forecast a range of $14 to $16, and it also reduced the volume of shares offered to 5.8 million from the 7 million planned.

RELATED
Del Frisco’s Restaurant Group files for IPO
Del Frisco’s Grille eyes expansion
More restaurant industry finance news

The $75 million IPO still pleased Mark Mednansky, chief executive of the company, which operates 32 restaurants across the Del Frisco’s Double Eagle Steak House, Sullivan’s Steakhou...

Create a free account or login

This content is available for registered users

Already have an account?

About the Author

Ron Ruggless

Senior Editor, Nation’s Restaurant News / Restaurant Hospitality

Ron Ruggless serves as a senior editor for Informa Connect’s Nation’s Restaurant News (NRN.com) and Restaurant Hospitality (Restaurant-Hospitality.com) online and print platforms. He joined NRN in 1992 after working 10 years in various roles at the Dallas Times Herald newspaper, including restaurant critic, assistant business editor, food editor and lifestyle editor. He also edited several printings of the Zagat Dining Guide for Dallas-Fort Worth, and his articles and photographs have appeared in Food & Wine, Food Network and Self magazines. 

Ron Ruggless’ areas of expertise include foodservice mergers, acquisitions, operations, supply chain, research and development and marketing. 

Ron Ruggless is a frequent moderator and panelist at industry events ranging from the Multi-Unit Foodservice Operators (MUFSO) conference to RestaurantSpaces, the Council of Hospitality and Restaurant Trainers, the National Restaurant Association’s Marketing Executives Group, local restaurant associations and the Horeca Professional Expo in Madrid, Spain.

Ron Ruggless’ experience:

Regional and Senior Editor, Informa Connect’s Nation’s Restaurant News and Restaurant Hospitality (1992 to present)

Features Editor – Dallas Times Herald (1989-1991)

Restaurant Critic and Food Editor – Dallas Times Herald (1987-1988)

Editing Roles – Dallas Times Herald (1982-1987)

Editing Roles – Charlotte (N.C.) Observer (1980-1982)

Editing Roles – Omaha (Neb.) World-Herald (1978-1980)

Email: [email protected]

Social media:

Twitter@RonRuggless

LinkedIn: www.linkedin.com/in/ronruggless

Instagram: @RonRuggless

TikTok: @RonRuggless

 

Subscribe Nation's Restaurant News Newsletters
Get the latest breaking news in the industry, analysis, research, recipes, consumer trends, the latest products and more.