MINNEAPOLIS, September 7, 2021 / PRNewswire / – BBQ Holdings, Inc. (NASDAQ: BBQ), an innovative global restaurant owner and operator, today announced that it has engaged FNK IR, a highly strategic investor relations consultancy, to develop and deploy a global investor approach and communication program.
Jeff Crivello, Chairman and CEO of BBQ Holdings, commented: “We have made tremendous operational progress over the past year, driving lasting improvements at the store level and simultaneously expanding our portfolio both organically and strategically. . As a result, our business flourished during the pandemic while others in the restaurant industry struggled, creating attractive M&A targets which we hope will allow us to further diversify our revenues and to expand our portfolio. better understand our investment thesis and the long-term desirability of our business. “
Rob fink, Managing Partner of FNK IR, commented: “Under Jeff’s leadership, BBQ Holdings has significantly expanded and reduced the risk of its portfolio through diversification and a focus on off-site income (take out and catering ), as well as strong digital marketing efforts. , helped him excel during a time of unprecedented challenge. With a solid growth strategy, sustainable profitability, and strong free cash flow, we believe BBQ’s investment proposition is compelling, and the FNK IR team is eager to elevate the company’s efforts in this area. by RI. will include implementing a comprehensive targeting strategy to communicate a clearer and concise message to a broader audience of relevant investors who, over time, will help unlock and generate shareholder value. “
About BBQ Holdings
BBQ Holdings, Inc. (NASDAQ: BBQ) is a national restaurant company engaged in the ownership and operation of casual and fast food restaurants. From September 7, 2021, BBQ Holdings had six brands with 296 locations in three countries, including 84 company-owned locations and 213 franchise locations. In addition to these locations, the company opened 8 Company-owned Famous Dave’s ghost kitchens operating out of its Granite City locations, and 19 Famous Dave’s franchise ghost kitchens operating from the kitchen of another restaurant or restaurant. ‘a shared kitchen space. As BBQ Holdings continues to diversify its ownership in the restaurant community, it was founded on the premise of combining the “art and science” of barbecue to serve the best of the best to barbecue enthusiasts around the world. BBQ Holdings, through partnerships, has extended Travis Clark award-winning line of barbecue sauces, rubs and seasonings in the retail market. In addition to a wide variety of barbecue favorites served at their barbecue restaurants, BBQ Holdings’ newest addition, Granite City Food and Brewery, features award-winning craft beer and a menu prepared from scratch, run by a chef, offering contemporary American cuisine. Village Inn and Bakers Square are the latest additions to the business and add a legendary element of family dining to BBQ Holdings.
About FNK IR
FNK IR is a highly strategic, investor-focused investor relations consultancy firm that helps small, public and emerging companies navigate the capital markets, improving awareness, credibility and, ultimately, l ‘Evaluation. The exclusively senior FNK IR team has decades of experience in investing, partnering and working in public companies. For more information, please visit www.fnkir.com
Statements in this press release that are not strictly historical, including, but not limited to, statements regarding when the Company’s restaurants open, when refreshments were to be served, and when or how successful refranchise plans, are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, which may cause the actual results of the Company to differ materially from the expected results. Although the Company believes that the expectations reflected in forward-looking statements are based on reasonable assumptions, it cannot guarantee that its expectations will be met. Factors that could cause actual results to differ materially from the Company’s expectations include the impact of the COVID-19 virus pandemic, financial performance, conditions in the restaurant industry, program delivery development and construction of restaurants, franchisee performance, changes in local or national economic conditions, availability of financing, government approvals and other risks detailed from time to time in the Company’s SEC reports.
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SOURCE BBQ Holdings, Inc.