SAUC Diversified Restaurant Holdings Inc.

Diversified Restaurant Holdings to Present at Oppenheimer Consumer Growth & E-Commerce Conference

SOUTHFIELD, Mich.--(BUSINESS WIRE)--

(Nasdaq:SAUC) ("DRH" or the "Company"), one of the largest franchisees for Buffalo Wild Wings® ("BWW") with 64 stores across five states, announced that David G. Burke, President and Chief Executive Officer, and Phyllis A. Knight, Chief Financial Officer, will present and be available for investor meetings at the 19th Annual Oppenheimer Consumer Growth and E-Commerce Conference in Boston on Wednesday, June 19, 2019. The Company plans to provide recent sales trends and an update on its refinancing initiative as part of its presentation.

The DRH presentation is scheduled to begin at 3:20 p.m. Eastern Time. A link to the webcast of the presentation, along with presentation materials, will be available on the Company’s website at . An archive of the presentation can be accessed in the Investors section of the website following the conference, along with a transcript once available.

About Diversified Restaurant Holdings, Inc.

Diversified Restaurant Holdings, Inc. is one of the largest franchisees for Buffalo Wild Wings with 64 franchised restaurants in key markets in Florida, Illinois, Indiana, Michigan and Missouri. DRH’s strategy is to generate cash, reduce debt and leverage its strong franchise operating capabilities for future growth. The Company routinely posts news and other important information on its website at .

EN
12/06/2019

Underlying

SAUCDiversified Restaurant Holdings Inc.

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Diversified Restaurant Holdings Inc.

 PRESS RELEASE
Free
SAUC Diversified Res...

Diversified Restaurant Holdings, Inc. and ICV Partners Complete Merger

TROY, Mich.--(BUSINESS WIRE)-- (Nasdaq: SAUC, "DRH" or the "Company") today announced the completion of its previously announced merger with investment entities affiliated with ICV Partners, LLC (together with its affiliates, “ICV”). Under the terms of the merger agreement, an affiliate of ICV acquired all of the outstanding shares of DRH for $1.05 per share in cash. With the closing of the transaction, DRH’s common stock will cease to trade on NASDAQ at market close today and will be delisted. Letters of transmittal allowing former DRH stockholders to deliver their shares to the paying age...

February 25, 2020 1 EN
 PRESS RELEASE
Free
SAUC Diversified Res...

Diversified Restaurant Holdings, Inc. To Be Acquired By ICV Partners

TROY, Mich.--(BUSINESS WIRE)-- (Nasdaq: SAUC, "DRH" or the "Company"), one of the largest franchisees for Buffalo Wild Wings® ("BWW") with 64 sports bars across five states, today announced the execution of a definitive merger agreement with investment entities affiliated with ICV Partners, LLC (together with its affiliates, “ICV”), a leading private investment firm that supports strong lower middle market companies. Under the terms of the agreement, ICV has agreed to acquire the Company in an all cash transaction valued at approximately $130 million, including the assumption of outstanding...

November 6, 2019 1 EN
 PRESS RELEASE
Free
SAUC Diversified Res...

Diversified Restaurant Holdings Reports 5.8% Increase in Same-Store Sa...

TROY, Mich.--(BUSINESS WIRE)-- (Nasdaq: SAUC) ("DRH" or the "Company"), one of the largest franchisees for Buffalo Wild Wings® ("BWW") with 64 stores across five states, today announced results for its second quarter ended June 30, 2019. Second Quarter and Year to Date Information (compared with prior-year period unless otherwise noted) Revenue totaled $38.9 million, up 5.1% despite one fewer restaurant Same-store sales increased 5.8% with both traffic and average ticket up Net loss significantly reduced to $0.5 million Restaurant-level EBITDA(1) was $5.7 million or 14.6% of sales ...

August 14, 2019 1 EN
 PRESS RELEASE
Free
SAUC Diversified Res...

Diversified Restaurant Holdings Announces Second Quarter 2019 Financia...

TROY, Mich.--(BUSINESS WIRE)-- (Nasdaq: SAUC) ("DRH" or the "Company"), one of the largest franchisees for Buffalo Wild Wings® ("BWW") with 64 restaurants across five states, announced that it will release its second quarter 2019 financial results after the close of financial markets on Wednesday, August 14, 2019. The Company will host a conference call and webcast to review its financial and operating results and discuss its corporate strategies and outlook. A question-and-answer session will follow. Second Quarter 2019 Conference Call      Thursday, August 15, 2019      10:00 a.m. Easte...

August 1, 2019 1 EN
 PRESS RELEASE
Free
SAUC Diversified Res...

Diversified Restaurant Announces Restructuring Program and Management ...

TROY, Mich.--(BUSINESS WIRE)-- (Nasdaq: SAUC) ("DRH" or the "Company"), one of the largest franchisees for Buffalo Wild Wings® ("BWW"), announced today that David G. Burke, President and CEO, and Phyllis Knight, Chief Financial Officer, resigned their positions with the Company as part of the Company’s efforts to restructure the business effective June 27, 2019. Mr. Burke also resigned his position as a Director at that time. Michael Ansley, Executive Chairman of the Board, will assume the role of Interim CEO. Mr. Ansley is the founder and largest shareholder of the Company. He has been ope...

July 3, 2019 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch