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WING News4 articles
Raising Cane's August Expansion Plan Signals Shift in Chicken Brand Growth
Raising Cane's will open seven new restaurants in August, including two in new markets, as the chicken chain aims for 100 openings in 2026.
Jersey Mike's Recovers to $23 as Debt Concerns Loom
Jersey Mike's (NYSE:JMKE) shares recovered to $23 on Friday, erasing its debut decline, yet elevated debt and slowing same-store sales growth continue to pose challenges.
Jersey Mike's IPO Raises $1B, Majority Goes to Selling Shareholders
Jersey Mike's (JMKE) IPO priced at $23 per share, raising $1 billion. Existing holders receive 68% of proceeds, while the company uses nearly all net cash to pay down debt.
Long John Silver's Store Count Shrinks 4.6%, Tests Same-Store Sales Streak
Long John Silver's ended 2025 with 479 U.S. restaurants, down 4.6%, while maintaining a 16-quarter same-store sales streak. Analysts estimate 4.8% comp growth needed to offset unit losses.