Perkins Griddle & Go Announces 46 Units Sold in New Jersey
Perkins Griddle & Go is a new state-of-the-art café concept, and the Garden State boasts the most significant number of upcoming units for the brand. The first location is slated to open by October 2025 at the highly anticipated Netflix Studios campus in Fort Monmouth, which is being called 'The Hollywood of the East.'
"Franchisees across the country have shown strong interest in Griddle & Go. We signed an impressive number of units in New Jersey, which will be home to our flagship U.S. restaurant,' said Peter Ortiz, Chief Development Officer for Ascent Hospitality Management. 'We are eager to bring this modern take on Perkins to more markets- new and existing- with the support of our franchise partners.'
Designed for today's fast-paced consumers, Perkins Griddle & Go presents a modern interpretation of American hospitality that represents tradition while embracing the future. The concept features a streamlined design and an elevated café experience within a compact footprint, prioritizing convenience. The restaurant incorporates modern digital menus and self-order kiosks, catering to busy customers seeking a quick meal. For those with more time, a cozy café-style dining experience awaits.
In addition to New Jersey, Perkins also signed development deals for Griddle & Go in California, Texas and Canada. The concept is positioning itself from coast to coast and in markets in between so that customers can enjoy this new dining experience.
"Franchisees from all sorts of backgrounds are joining us in growing Perkins Griddle & Go. From experienced operators to those switching careers, many have one thing in common, and that's their shared passion for Perkins, which stems from being loyal customers who know and appreciate our brand," said Mike Ackley, Senior Director of Franchise Marketing and Development for Ascent Hospitality Management. "These are exciting times, and we are delighted to expand our presence with these dedicated individuals across the country."
For more information about Perkins Griddle & Go and franchise opportunities, please visit https://perkinsfranchising.com.
About Perkins Griddle & Go
Perkins American Food Company, formerly known as Perkins Restaurant & Bakery®, has been a beloved heritage brand since its founding in 1958. With a strong commitment to value, quality, and exceptional service, Perkins serves up a delightful array of American classics that cater to today's tastes. At Perkins American Food Company, we know life moves quickly, and finding time for a satisfying meal can be tough. That's why we created Perkins Griddle & Go —a fast-casual dining experience designed to serve guests delicious, high-quality meals at unbeatable prices, all while fitting seamlessly into your busy lifestyle.
At Perkins Griddle & Go, guests can enjoy all their Perkins favorites—from Griddle Greats and signature pies to iconic Mammoth Muffins—along with exciting new additions like breakfast sandwiches and avocado toast. We also believe in indulgence, offering a variety of famous bakery treats to brighten your day.
For more information about Perkins franchise opportunities, visit https://perkinsfranchising.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Peabody Energy (BTU) Surged by Over 16% This Week. Here is Why.
The share price of Peabody Energy Corporation (NYSE:BTU) surged by 16.53% between July 15 and July 22, 2025, putting it among the Energy Stocks that Gained the Most This Week. A coal miner in a thick protective suit and helmet drilling for coal under bright lights. Peabody Energy Corporation (NYSE:BTU) is a leading coal producer, providing essential products for the production of affordable, reliable energy and steel. Peabody Energy Corporation (NYSE:BTU) was among the coal stocks that gained this week after the Chinese government warned that it may shutter coal mines guilty of producing above permitted levels, as part of a crackdown on overmining. According to a report by Bloomberg, China's National Energy Administration is carrying out monthlong inspections in eight provinces and regions, including the biggest coal hubs, as part of a crackdown on overmining that it says has distorted the market. The American coal sector also received a boost last month following the passage of President Trump's 'Big, Beautiful Bill, ' which mandates at least 4 million additional acres of federal land be made available for mining. Moreover, the legislation allows producers of metallurgical coal, like Peabody Energy Corporation (NYSE:BTU), to claim an advanced manufacturing production tax credit available for critical minerals. While we acknowledge the potential of BTU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Sign in to access your portfolio
Yahoo
43 minutes ago
- Yahoo
US regulators greenlight contentious $8 bn Skydance-Paramount merger
US regulators on Thursday approved an $8 billion deal for Skydance to acquire Paramount Global amid tumult in the latter's news and late night programming on CBS, a leading American broadcaster. Clearance of the acquisition comes after Paramount settled US President Donald Trump's lawsuit over election coverage on CBS News' flagship show "60 Minutes," and a week after CBS canceled "The Late Show with Stephen Colbert." The comedian had blasted the $16 million settlement of Trump's lawsuit as "a big fat bribe" to win approval of the merger with Skydance. Colbert's show is slated to end in 2026, and is staple of late-night US television that often mocks Trump. CBS said in a statement the cancellation was "purely a financial decision against a challenging backdrop in late night," and was "not related in any way to the show's performance, content or other matters happening at Paramount." Paramount reached the settlement with Trump this month in a lawsuit the entertainment giant itself had described as meritless. The Republican president had sued Paramount for $20 billion last year, alleging that CBS News' "60 Minutes" news program deceptively edited an interview with his 2024 election rival, Kamala Harris, in her favor. To promote the show, "60 Minutes" had shown a shortened clip or "tease" of Harris speaking on earlier network programming, and the full quote was aired on the Sunday evening broadcast. Trump objected to the use of the shorter clip. The FCC chair doubled down on the Trump administration's criticisms of CBS News. 'Americans no longer trust the legacy national news media to report fully, accurately and fairly,' Carr said in the statement. 'It is time for a change. That is why I welcome Skydance's commitment to make significant changes at the once storied CBS broadcast network.' - Suspicious timing? - The FCC's approval of the merger "reeks of the worst form of corruption," Democratic Senators Edward Markey and Ben Ray Lujan said in a joint statement. "The timing speaks for itself," Markey and Lujan said. "Paramount settled with Trump on Tuesday and the FCC approved the merger on Thursday." Markey last week sent a letter to Paramount Global Chair Shari Redstone demanding details about the decision to cancel "The Late Show with Stephen Colbert," specifically whether anyone in the Trump administration asked for the show to be cancelled, according to a copy posted at his official website. Colbert said on Thursday the cancellation was not just the end of his show but the end of the decades-old "Late Show" franchise, which has been broadcast continuously on CBS since 1993 and was previously hosted by David Letterman. Trump celebrated the cancellation, writing on his Truth Social platform, "I absolutely love that Colbert got fired. His talent was even less than his ratings." Trump's political opponents and other critics drew attention to the timing of the decision. "CBS canceled Colbert's show just THREE DAYS after Colbert called out CBS parent company Paramount for its $16M settlement with Trump -- a deal that looks like bribery," Democratic Senator Elizabeth Warren said on social media platform X. Colbert, once a regular on Comedy Central, made use of humor in his incisive political commentary and succeeded Letterman as the host of "The Late Show" in 2015. The late-night television landscape has long been dominated by satirical comedy shows that blend entertainment with news and political commentary. As a condition of approval, Skydance will put in place an "ombudsman" who will evaluate complaints of bias, according to Carr. "Skydance, which has no DEI (diversity, equity and inclusion) programs in place today, has committed that it will not establish any such initiatives at the new company," Carr said in a release. gc/sla
Yahoo
an hour ago
- Yahoo
Is Energy Action Limited (ASX:EAX) A High Quality Stock To Own?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, we'll look at ROE to gain a better understanding of Energy Action Limited (ASX:EAX). ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. How Do You Calculate Return On Equity? The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Energy Action is: 33% = AU$1.1m ÷ AU$3.3m (Based on the trailing twelve months to December 2024). The 'return' is the amount earned after tax over the last twelve months. That means that for every A$1 worth of shareholders' equity, the company generated A$0.33 in profit. Check out our latest analysis for Energy Action Does Energy Action Have A Good ROE? One simple way to determine if a company has a good return on equity is to compare it to the average for its industry. The limitation of this approach is that some companies are quite different from others, even within the same industry classification. As is clear from the image below, Energy Action has a better ROE than the average (20%) in the Professional Services industry. That's what we like to see. However, bear in mind that a high ROE doesn't necessarily indicate efficient profit generation. A higher proportion of debt in a company's capital structure may also result in a high ROE, where the high debt levels could be a huge risk . To know the 4 risks we have identified for Energy Action visit our risks dashboard for free. How Does Debt Impact Return On Equity? Companies usually need to invest money to grow their profits. That cash can come from retained earnings, issuing new shares (equity), or debt. In the first and second cases, the ROE will reflect this use of cash for investment in the business. In the latter case, the debt used for growth will improve returns, but won't affect the total equity. In this manner the use of debt will boost ROE, even though the core economics of the business stay the same. Combining Energy Action's Debt And Its 33% Return On Equity It's worth noting the high use of debt by Energy Action, leading to its debt to equity ratio of 1.19. While no doubt that its ROE is impressive, we would have been even more impressed had the company achieved this with lower debt. Debt increases risk and reduces options for the company in the future, so you generally want to see some good returns from using it. Summary Return on equity is a useful indicator of the ability of a business to generate profits and return them to shareholders. In our books, the highest quality companies have high return on equity, despite low debt. All else being equal, a higher ROE is better. Having said that, while ROE is a useful indicator of business quality, you'll have to look at a whole range of factors to determine the right price to buy a stock. Profit growth rates, versus the expectations reflected in the price of the stock, are a particularly important to consider. Check the past profit growth by Energy Action by looking at this visualization of past earnings, revenue and cash flow. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
