Gorilla Mind, the highly popular online fitness and performance supplement company and its top-selling Gorilla Mind Energy Drinks have partnered with The Vitamin Shoppe to sell its newest functional energy drink in nearly 700 retail stores in the U.S. and on VitaminShoppe.com, beginning in August. As the brand expands into the fast-growing energy drinks space, it is poised to add an exciting range of flavor options to consumers nationwide, including a brand-new flavor launching exclusively at Th

DELAWARE, Ohio, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”), announced that at a special meeting of stockholders held earlier today, the stockholders of the Company, including stockholders holding a majority of the outstanding shares of common stock not held by the buying consortium, have approved all proposals related to the proposed acquisition of the Company. The final results will be available on a Current Report on Form 8-K to b

Franchise Group (FRG) delivered earnings and revenue surprises of 46.34% and 5.63%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

DELAWARE, Ohio, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group,” “FRG” or the “Company”) today announced the financial results for its fiscal second quarter ended July 1, 2023. For the second quarter of fiscal 2023, total reported revenue for Franchise Group was approximately $1.0 billion, net loss from operations was approximately $50.8 million or $1.50 per fully diluted share, Adjusted EBITDA was approximately $53.9 million and Non-GAAP EPS was a loss o

PHOCUS, a first-of-its-kind mental acuity beverage, announced it is expanding its partnership with The Vitamin Shoppe via an exclusive release of a new pineapple flavor in stores and on vitaminshoppe.com.

DELAWARE, Ohio, July 19, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today announced that it has issued a notice of redemption (the “Redemption”) for all outstanding shares of its 7.50% Series A Cumulative Perpetual Preferred Stock (CUSIP: 35180X204) (the “Preferred Stock”). The Company is redeeming the Preferred Stock in connection with the Company’s previously announced merger (the “Merger”) and pursuant to Parent’s (as defined below) reque

Kohl's has taken some major steps to improve its business for over a year, after the failed buyout with Franchise Group . Kohl's has been plagued by disappointing sales over the last few years, which brought the retailer to the table with Franchise Group as a buyer for the company. Kohl's pulled out of the deal citing a volatile market.

Typically a company goes private when its shareholders determine that being listed publicly does more harm than good to its brand and/or its value. Being private allows for more, well, privacy; there's less public and regulatory scrutiny associated with a private company. Regular reporting with the SEC, as with quarterly earnings reports, becomes a thing of the past (at least, the public fanfare associated with such reports mitigates, though most private companies will tell you that they very ...

Franchise Group (FRG) delivered earnings and revenue surprises of -71.05% and 1.47%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Shares of Franchise, which also owns retailer Buddy's Home Furnishings and discount furniture store American Freight, climbed about 3% premarket. The consortium, which also includes B. Riley Financial Inc and private equity firm Irradiant Partners, would pay $30 per share, slightly above stock's closing price of $29.92 as of Jan. 9, a day before reports of a potential management buyout first surfaced.