A proposed class-action lawsuit claims BurgerFi International misled investors about the financial growth that would follow the company's acquisition of Anthony's Coal Fired Pizza & Wings and its 61 stores for $156.6 million in 2021. Both chains are headquartered in Fort Lauderdale. Since the acquisition in November 2021, the combined company has reported five straight quarters of net losses.
Operator: Hello, and welcome to the BurgerFi International, Inc. 4Q 22 Earnings Conference Call. . I now would like to turn the conference over to Ian Baines, BurgerFi s CEO. Mr.
BurgerFi International (NASDAQ:BFI – Get Rating) had its price objective trimmed by BTIG Research from $6.00 to $5.00 in a research report released on Thursday, The Fly reports. The firm currently has a buy rating on the stock. BurgerFi International Price Performance Shares of BFI stock opened at $1.09 on Thursday. The company has a […]
Under a new leadership team, BurgerFi is prepared for a more stable development plan and several technological initiatives to propel it into the future.