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Pizza Hut’s Global CEO Walked After LongRange Closed. Here’s the PE Playbook Every Operator Should Read Backwards.
Aaron Powell stepped down as Pizza Hut’s global CEO on August 17, hours after LongRange Capital closed. Here is what the transition tells operators and franchisees to watch for. Read more
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Wendy’s Just Killed Its U.S. President Job. What That Signals to Every Multi-Unit Operator.
Wendy’s eliminated its U.S. President role on August 14, replacing it with a new COO position. The org chart change tells you where the board thinks the money is now. Read more
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Bloomin’ Brands Raised Guidance on Pricing, Not Traffic
BLMN raised full-year EPS guidance on a +4.2% average check while traffic fell across three brands. What every operator should learn. Read more
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Build a Restaurant P&L in 20 Minutes With Claude or ChatGPT
A four-prompt workflow to build a working restaurant P&L with Claude or ChatGPT. From a former operator who built 250+ by hand. Read more
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4-Wall Contribution vs 4-Wall EBITDA: When to Use Each
4-Wall Contribution stops at variable costs. 4-Wall EBITDA continues through fixed store costs. When to use each in a restaurant P&L. Read more
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How to Value a Restaurant to Sell in 2026: The Operator’s Guide
What restaurants actually sell for in 2026. EBITDA multiples by concept, add-backs buyers scrutinize, and an operator diligence checklist. Read more
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Jersey Mike’s Priced at $23, Closed at $21.63: What the Discount Tells Restaurant Operators
Jersey Mike’s priced at $23 and closed the first trading day at $21.63, giving JMKE a $6.7B market cap. That is roughly $5B below the rumored $12B valuation. Here is what the discount tells multi-unit restaurant operators planning an exit. Read more
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The 2026 State of Restaurant Finance: What Actually Works Now
Q2 2026 restaurant industry benchmarks: sales trends, prime cost, labor, delivery, capital access, Chapter 11 patterns, and five operator playbooks that work now. Read more
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State of Restaurant M&A Q2 2026
Q2 2026 restaurant M&A: the Pizza Hut carve-out, multiple compression in casual dining, coffee holding, and what PE firms are actually buying. Read more