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Imvescor Restaurant Group Inc (IRG.TO)

IRG.TO on Toronto Stock Exchange

4.15CAD
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

ADW Capital Partners Says Proposed Sale Of Imvescor Restaurant Group Substantially Undervalues The Company
Wednesday, 20 Dec 2017 03:41pm EST 

Dec 20 (Reuters) - ADW Capital Partners L.P.::ADW CAPITAL PARTNERS L.P. BELIEVES THE PROPOSED SALE OF IMVESCOR RESTAURANT GROUP INC. SUBSTANTIALLY UNDERVALUES THE COMPANY.ADW CAPITAL PARTNERS LP - ADW CAPITAL ALONG WITH ITS AFFILIATES HOLD APPROXIMATELY 14% OF IMVESCOR RESTAURANT GROUP ON A NON-DILUTED BASIS.ADW CAPITAL PARTNERS L.P. SAYS DO NOT INTEND TO SUPPORT CURRENT TRANSACTION WITH MTY FOOD GROUP "AT THIS LEVEL".  Full Article

Imvescor Restaurant Group Q4 Revenue $12.8 Mln Vs $9.7 Mln
Tuesday, 19 Dec 2017 05:40pm EST 

Dec 19 (Reuters) - Imvescor Restaurant Group Inc ::IMVESCOR RESTAURANT GROUP REPORTS RESULTS FOR FOURTH QUARTER OF FISCAL 2017.IMVESCOR RESTAURANT GROUP INC - FOR Q4 2017, ALL 5 OF CO'S BRANDS ACHIEVED SAME RESTAURANT SALES GROWTH OF 4.9% OVER Q4 2016.IMVESCOR RESTAURANT GROUP INC - QTRLY REVENUES $12.8 MILLION VERSUS $9.7 MILLION.IMVESCOR RESTAURANT GROUP INC QTRLY EARNINGS PER SHARE $0.03.IMVESCOR RESTAURANT GROUP INC - ON JANUARY 31, 2018, TANIA CLARKE, CHIEF FINANCIAL OFFICER, WILL BE LEAVING COMPANY.  Full Article

Imvescor Restaurant Group reports Q3 earnings per share of $0.06
Wednesday, 6 Sep 2017 07:04pm EDT 

Sept 6 (Reuters) - Imvescor Restaurant Group Inc -:Imvescor Restaurant Group reports results for third quarter of fiscal 2017.Q3 same restaurant sales rose 4.9 percent.Quarterly earnings per share $0.06.Quarterly revenue $13.3 million versus $11.5 million .  Full Article

Imvescor Restaurant Group reports Q2 earnings per share $0.05
Friday, 9 Jun 2017 07:00am EDT 

June 9 (Reuters) - Imvescor Restaurant Group Inc -:Imvescor Restaurant Group reports results for second quarter of fiscal 2017.Imvescor Restaurant Group Inc qtrly earnings per share $0.05.Imvescor Restaurant Group Inc - ‍ q2 2017 same restaurant sales grew 2.4% over srs growth of 1.2% in Q2 2016​.Imvescor Restaurant Group Inc qtrly revenue $13.3 million versus $12.1 million.Imvescor Restaurant Group Inc - ‍ to date, company has renovated 44 restaurants, and expects to renovate over 125 restaurants in total under RRP​.Imvescor Restaurant Group-fully repaid long-term debt in fiscal 2016, used availability under credit facility to fund portion of an acquisition in Q2.  Full Article

Imvescor Restaurant Group qtrly revenue $10.5 million
Tuesday, 7 Mar 2017 07:00am EST 

Imvescor Restaurant Group Inc : Imvescor restaurant group reports results for first quarter fiscal 2017 . Imvescor restaurant group inc qtrly revenue $10.5 million versus $12.1 million . Imvescor restaurant group inc qtrly earnings per share $0.04 .Imvescor restaurant group inc - qtrly same restaurant sales increased by 1.0%.  Full Article

Imvescor Restaurant Group to acquire Ben & Florentine
Tuesday, 20 Dec 2016 07:00am EST 

Imvescor Restaurant Group Inc : Imvescor Restaurant Group to acquire Ben & Florentine . Imvescor Restaurant Group Inc - asset transaction with total consideration of approximately $17.7 million payable . Imvescor Restaurant Group Inc says expect this transaction to be immediately accretive to earnings, while creating a new growth oriented brand . Imvescor Restaurant Group Inc - deal also includes an additional earn-out payment of up to $7.3 million payable in Q1 of 2018 . Imvescor Restaurant Group Inc says deal will be an asset transaction with total consideration of approximately $17.7 million payable at closing .Imvescor Restaurant Group Inc - intends to finance acquisition through a combination of cash on hand and its existing credit facility.  Full Article

Imvescor Restaurant says Q4 same restaurant sales rose 0.4 pct
Tuesday, 20 Dec 2016 07:00am EST 

Imvescor Restaurant Group Inc : Imvescor Restaurant Group reports results for Q4 and fiscal 2016 . Imvescor Restaurant Group Inc - Q4 2016 revenue increased 3.6 pct to $11.5 million from increased retail revenues and supplier coordination fees . Imvescor Restaurant Group Inc - same restaurant sales increased in Q4 of 2016 by 0.4 pct .Imvescor Restaurant Group Inc - net earnings of $3.2 million for Q4 2016 decreased 10.9 pct versus Q4 2015.  Full Article

Imvescor Restaurant Group fiscal Q2 earnings $0.04/shr
Wednesday, 8 Jun 2016 07:00am EDT 

Imvescor Restaurant Group Inc : Imvescor restaurant group inc qtrly system sales grew 3.6% . Imvescor restaurant group inc qtrly same restaurant sales (srs) grew 1.2% . Imvescor restaurant group inc qtrly net earnings of $2.7 million increased 5% versus q2 2015 . Sets quarterly dividend of c$0.0225per share . Qtrly revenue $14.0 million versus $11.3 million . Qtrly earnings per share $0.04 .Imvescor restaurant group reports continuing strong results for q2 fiscal 2016.  Full Article