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Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) Q2 2024 Earnings Call Transcript

Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) Q2 2024 Earnings Call Transcript October 12, 2023 Operator: Good morning, ladies and gentlemen. Thank you for standing by. Welcome to today’s conference call to discuss Rocky Mountain Chocolate’s Financial Results for the Fiscal Second Quarter 2024. [Operator Instructions] As a reminder, this conference is being recorded. Joining us […] ....

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Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) Q1 2023 Earnings Call Transcript

Operator: Good morning, ladies and gentlemen. Thank you for standing by. ....

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Ark Restaurants Corp. (ARKR) CEO Michael Weinstein on Q2 2022 Results - Earnings Call Transcript

Ark Restaurants Corp. (NASDAQ:NASDAQ:ARKR) Q2 2022 Earnings Conference Call May 17, 2022 11:00 AM ET Company Participants Chris Lowe - Secretary Michael Weinstein - Chairman and Chief. ....

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FAT Brands Inc. (FAT) CEO Andrew Wiederhorn on Q1 2022 Results - Earnings Call Transcript

FAT Brands Inc. (NASDAQ:NASDAQ:FAT) Q1 2022 Earnings Conference Call May 5, 2022 18:00 ET Company Participants Andrew Wiederhorn - President & Chief Executive Officer Ken Kuick - Chief. ....

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Pandemic fuels mergers and acquisitions in the restaurant industry

The restaurant industry has lost 110,000 restaurants, according to the National Restaurant Association. And, based on a Cowen analysis of the past three recessions, 90% of closures have occurred among independent operators who were ill-prepared for a prolonged pandemic that required full-service establishments to depend on off-premise sales to survive.
But it hasn t been bad news for all of the industry.
The purging of restaurants is expected to leave $39 billion in sales up for grabs, according to Cowen. That s created an opportunity for well-financed multi-unit operators and private-equity backed restaurant companies to strike.
These big restaurant players are seizing a moment in a crisis to increase market share by buying solid brands found flatfooted during the pandemic. ....

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