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BurgerFi International, Inc. (NASDAQ:BFI) Chairman Buys $579,000.00 in Stock

BurgerFi International, Inc. (NASDAQ:BFI – Get Rating) Chairman Ophir Sternberg bought 1,158,000 shares of BurgerFi International stock in a transaction dated Friday, February 24th. The shares were bought at an average cost of $0.50 per share, with a total value of $579,000.00. Following the completion of the transaction, the chairman now directly owns 1,878,725 shares […] ....

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Wolverine Asset Management LLC Has $48,000 Position in BurgerFi International, Inc. (NASDAQ:BFI)

Wolverine Asset Management LLC Has $48,000 Position in BurgerFi International, Inc. (NASDAQ:BFI)
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Surge in delivery orders leads to increased revenues at BurgerFi

Provided
Jan. 27, 2021
Despite operating during a pandemic, BurgerFi International Inc., which went public last month, reported that Q4 total revenue was slightly higher than the prior year, thanks to increases in delivery and app sales. Financial results for the fourth quarter ending Dec. 31, 2020, which are subject to completion of BurgerFi s annual financial reporting process, revealed that total revenue hit $9 million compared to $8.9 million in the fourth quarter of 2019.
The expected total revenue for the year ending Dec. 31, 2020 was about $34.3 million versus $34.2 million in 2019.
While this past year was challenging for the entire restaurant industry, it has been a tremendous year of growth for BurgerFi as they have just gone public, Executive Chairman Ophir Sternberg said in a company press release. BurgerFi has seen incredible success with delivery sales up over 120% year over year in the fourth quarter, BurgerFi is poised to expand its brick-and-mo ....

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