BREAKING: Panera CEO Steps Down
Panera CEO Jose Alberto Dueñas stepped down from his role as CEO today, with current CFO Paul Carbone taking his place until a permanent position holder is found. What could this mean for the future of the chain?
Tag: IPO
The Future of Food Delivery: Are Uber, DoorDash, and Instacart Destined to Win the Delivery War?
For now, third-party delivery companies are operating full speed ahead. But how much are consumers willing to pay for convenience?
Analysis: Assessing Sweetgreen’s Unique Business Model, Ahead of IPO
Sweetgreen, the quick-serve salad chain out to take advantage of consumer interest in sustainability, this week became the latest restaurant chain to file for an initial public offering. And, experts say the move couldn’t come …
Equity Markets Update: Chobani Files for IPO
The latest food company to ride the IPO wave is Chobani. The company announced early Wednesday that it has filed for a confidential draft registration statement for a proposed IPO with the Securities and Exchange …
M&A, IPO Activity Picking Up Pace
Acquisitions and IPOs seem to be gaining momentum heading into the summer. Here’s a look at notable business moves in the food industry in recent days: PILGRIM’S PRIDE TO ACQUIRE KERRY CONSUMER FOODS Pilgrim’s Pride …
Report: Impossible Foods Planning Eye-Opening, $10B Public Listing
Impossible Foods is reportedly planning for a $10 billion public listing within the next year, either through an IPO or a SPAC. The valuation would be substantially higher than the $4 billion the company was worth …
Celebrity-Backed Oatly Poised for Significant Growth with IPO
Celebrity-backed plant-based milk brand Oatly has seen success among vegans and non-vegans alike. Once only found in trendy cafes and niche grocery stores, the company’s oat milk can be found in mainstream foodservice outlets and …
DoorDash Raises $3.4 Billion in IPO
DoorDash raised $3.4 billion in its IPO, making it the second highest IPO in 2020, according to Renaissance Capital. The IPO represents a year of massive growth for the food delivery company. In the first …
DoorDash Files for IPO, but Still Losing Money
DoorDashfiled for its IPO on Nov. 13, reported The Wall Street Journal (Nov. 13). The filing revealed the company’s rapid growth during the pandemic, as revenue for the September quarter more than tripled from the …