Ignite Restaurant Group Inc

Type: Company
Name: Ignite Restaurant Group Inc
Nationality: United States
Web Address: http://www.igniterestaurants.com/
First reported 17 hours ago - Updated 17 hours ago - 1 reports

Ignite Restaurant Group elects new board member

Ignite Restaurant Group, Inc., a restaurant chain, has elected Shauna King to its board of directors. Ms King currently serves as vice president, Finance and Business Operations for Yale University, a position she has held since 2006, where her responsibilities ... [Published Individual.com - 17 hours ago]
First reported Aug 28 2014 - Updated Aug 28 2014 - 1 reports

Stocks Hitting 52-Week Lows

Guess? (NYSE: GES) shares touched a new 52-week low of $23.40 after the company reported weaker-than-expected second-quarter results and issued a downbeat outlook.Sungy Mobile (NASDAQ: GOMO) shares reached a new 52-week low of $8.26 after the company ... [Published Benzinga.com - Aug 28 2014]
First reported Aug 22 2014 - Updated Aug 22 2014 - 1 reports

Ignite Restaurant Group Sets New 12-Month Low at $7.51 (IRG)

Ignite Restaurant Group (NYSE:IRG)’s share price hit a new 52-week low during trading on Thursday , reports. The company traded as low as $7.51 and last traded at $7.67, with a volume of 25,156 shares traded. The stock had previously closed at $7.67.Several ... [Published American Banking News - Forex - Aug 22 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 3 reports

Ignite Restaurant Group Appoints Shauna Ryan King to Board of Directors

HOUSTON--(EON: Enhanced Online News)--Ignite Restaurant Group (Nasdaq:IRG), today announced the appointment of Shauna Ryan King to its Board of Directors, effective August 14, 2014. Ms. King currently serves as Vice President, Finance and Business Operations ... [Published EON Retail - Aug 20 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

Piper Jaffray Downgrades Ignite Restaurant Group To Neutral

Analysts at Piper Jaffray downgraded Ignite Restaurant Group (NASDAQ: IRG) from Overweight to Neutral.The target price for Ignite Restaurant Group has been lowered from $14.00 to $8.00. Ignite Restaurant Group shares have dropped 49.44% over the past ... [Published Benzinga.com - Aug 15 2014]
First reported Aug 13 2014 - Updated Aug 14 2014 - 4 reports

Ignite Restaurant Group Announces New $195 Million Credit Facility

Ignite Restaurant Group (NASDAQ:IRG) today announced that it successfully closed on a new $195 million senior secured credit facility. ... [Published Franchise Update - Aug 14 2014]
First reported Aug 11 2014 - Updated Aug 12 2014 - 3 reports

Ignite Restaurant Group Posts Second Quarter 2014 Earnings

Ignite Restaurant Group reported financial results for the second quarter ended June 30. Highlights for the second quarter of 2014 were as follows:-Total revenues were $229.8 million, compared to $228.1 million in the second quarter of 2013;-Comparable ... [Published Individual.com - Aug 12 2014]
First reported Aug 08 2014 - Updated Aug 09 2014 - 6 reports

Ignite Restaurant Group Price Target Cut to $14.00 by Analysts at Piper Jaffray (IRG)

Research analysts at Piper Jaffray reduced their target price on shares of Ignite Restaurant Group (NYSE:IRG)Shares of Ignite Restaurant Group (NYSE:IRG) opened at 8.05 on Friday. Ignite Restaurant Group has a 1-year low of $7.60 and a 1-year high of ... [Published American Banking News - Aug 09 2014]
First reported Aug 08 2014 - Updated Aug 08 2014 - 1 reports

Ignite Restaurant Group Reports Second Quarter 2014 Financial Results

Ignite Restaurant Group (NASDAQ:IRG) today reported financial results for the second quarter ended June 30, 2 ... [Published Franchise Update - Aug 08 2014]
First reported Aug 08 2014 - Updated Aug 08 2014 - 1 reports

Sector Update: Consumer Stocks Finishing Near Session Highs; Ignite Restaurant Group Falls to Record Low

MCD +0.16%DIS +1.46%CVS +2.24%KO +0.39%Consumer stocks were higher Friday with shares of consumer staples companies in the S&P 500 rising 1.0%. Shares of consumer discretionary firms in the S&P 500 were up 1.5%.In company news, Ignite Restaurant Group ... [Published Nasdaq - Aug 08 2014]
First reported Aug 07 2014 - Updated Aug 07 2014 - 1 reports

Ignite Restaurant Group Reports Second Quarter 2014 Financial Results

HOUSTON--(EON: Enhanced Online News)--Ignite Restaurant Group (NASDAQ:IRG) today reported financial results for the second quarter ended June 30, 2014. Highlights for the second quarter of 2014 were as follows: Total revenues were $229.8 million, compared ... [Published EON Retail - Aug 07 2014]
First reported Aug 07 2014 - Updated Aug 07 2014 - 2 reports

Ignite Restaurant Group Reports Second Quarter 2014 Financial Results

Ignite Restaurant Group ( NASDAQ:IRG ) today reported financial resultsfor the second quarter ended June 30, 2014.Highlights for the second quarter of 2014 were as follows:Total revenues were $229.8 million, compared to $228.1 million in thesecond quarter ... [Published CEOWorld Magazine - Aug 07 2014]

Quotes

Ray Blanchette, CEO of Ignite Restaurant Group, stated, "I am very pleased to welcome Shauna to the Ignite Board of Directors. Throughout her successful career, she has proven to possess a broad set of skills, which have allowed her to tackle complex issues and improve productivity at a number of businesses and institutions. Her business acumen and leadership will no doubt prove valuable for the entire Ignite organization."
...4 million of available borrowing capacity under its current credit facility and was in compliance with the credit facility's financial covenants. "In light of our desire to move quickly on new Brick House locations and the recent sales volatility in casual dining, we are currently reviewing refinancing alternatives of our existing credit facility" stated Michael Dixon, President and Chief Financial Officer of Ignite Restaurant Group
"Our second quarter results were challenged as we faced what we believe were residual effects of 2014's winter weather, combined with some cannibalization of Joe's Crab Shack sales as we significantly increased the number of locations in the Northeast over the past three years" says Ray Blanchette, CEO of Ignite Restaurant Group
"We rate IGNITE RESTAURANT GROUP INC (IRG) a HOLD. The primary factors that have impacted our rating are mixed ? some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity."

More Content

All (70) | News (40) | Reports (0) | Blogs (30) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Ignite Restaurant Group elects new board member [Published Individual.com - 17 hours ago]
Local restaurants and takeaways in running for ... [Published Allmediascotland - Aug 30 2014]
Stocks Hitting 52-Week Lows [Published Benzinga.com - Aug 28 2014]
Believe It or Not, This Is The Most Popular Ita... [Published Motley Fool Discussion Boards - Aug 24 2014]
Ignite Restaurant Group Sets New 12-Month Low a... [Published American Banking News - Forex - Aug 22 2014]
Stocks Hitting 52-Week Lows [Published Benzinga.com - Aug 21 2014]
Ignite Restaurant Group Appoints Shauna Ryan Ki... [Published EON Retail - Aug 20 2014]
Ignite Restaurant Group Appoints Shauna Ryan Ki... [Published SearchBug - Aug 20 2014]
Ignite Restaurant Group Appoints Shauna Ryan Ki... [Published Business Wire Retail News - Aug 20 2014]
Piper Jaffray Downgrades Ignite Restaurant Grou... [Published Benzinga.com - Aug 15 2014]
Ignite Restaurant Group Announces New $195 Mill... [Published Franchise Update - Aug 14 2014]
Ignite Restaurant Group Announces New $195 Mill... [Published Investor's Business Daily - Aug 13 2014]
Ignite Restaurant Group Announces New $195 Mill... [Published EON Retail - Aug 13 2014]
Ignite Restaurant Group Announces New $195 Mill... [Published Business Wire Retail News - Aug 13 2014]
McDonald's Facing Global Challenges, Sysco's En... [Published Foodservice Equipment & Supplies - Aug 13 2014]
Chuy's Holdings Stock Rating Upgraded by Raymon... [Published Mideast Time - Aug 12 2014]
Ignite Restaurant Group Posts Second Quarter 20... [Published Individual.com - Aug 12 2014]
Joe's Crab Shack and Macaroni Grill Face Sales ... [Published Restaurant Management - Aug 11 2014]
Ignite Restaurant Group Reports Flat Revenues f... [Published Restaurant News Resource - Aug 11 2014]
5 Restaurant Chains Banking on Craft Beer [Published TheStreet.com - Aug 11 2014]
5 Restaurant Chains Banking on Craft Beer [Published The Street Latest - Aug 11 2014]
Ignite Restaurant Group Price Target Cut to $14... [Published American Banking News - Aug 09 2014]
Investing Over Weekend Brunch? Discuss Stock in... [Published Equities.com - Aug 09 2014]
Rebounding productivity boosts markets [Published Fat Pitch Financials - Aug 08 2014]
Why Ignite Restaurant Group (IRG) Stock Plunged... [Published TheStreet.com - Aug 08 2014]
Why Ignite Restaurant Group (IRG) Stock Plunged... [Published The Street Latest - Aug 08 2014]
Sector Update: Consumer Stocks Finishing Near S... [Published Nasdaq - Aug 08 2014]
Ignite Restaurant Group Hits New 1-Year Low Fol... [Published American Banking News - Aug 08 2014]
Mid-Day ETF Update: ETFs, Stocks Higher as Sent... [Published Nasdaq - Aug 08 2014]
Ignite Restaurant Group Reports Second Quarter ... [Published Franchise Update - Aug 08 2014]
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Ignite Restaurant Group Appoints Shauna Ryan Ki... [Published EON Retail - Aug 20 2014]
HOUSTON--(EON: Enhanced Online News)--Ignite Restaurant Group (Nasdaq:IRG), today announced the appointment of Shauna Ryan King to its Board of Directors, effective August 14, 2014. Ms. King currently serves as Vice President, Finance and Business Operations ...
Ignite Restaurant Group Appoints Shauna Ryan Ki... [Published Business Wire Retail News - Aug 20 2014]
HOUSTON--(BUSINESS WIRE)--Ignite Restaurant Group (Nasdaq:IRG), today announced the appointment of Shauna Ryan King to its Board of Directors, effective August 14, 2014. Ms. King currently serves as Vice President, Finance and Business Operations for ...
Ignite Restaurant Group Announces New $195 Mill... [Published EON Retail - Aug 13 2014]
HOUSTON--(EON: Enhanced Online News)--Ignite Restaurant Group (NASDAQ:IRG) today announced that it successfully closed on a new $195 million senior secured credit facility. The new four and a half year facility, which consists of a $165 million term loan ...
Ignite Restaurant Group Announces New $195 Mill... [Published Business Wire Retail News - Aug 13 2014]
HOUSTON--(BUSINESS WIRE)--Ignite Restaurant Group (NASDAQ:IRG) today announced that it successfully closed on a new $195 million senior secured credit facility. The new four and a half year facility, which consists of a $165 million term loan and a $30 ...
Ignite Restaurant Group Reports Second Quarter ... [Published EON Retail - Aug 07 2014]
HOUSTON--(EON: Enhanced Online News)--Ignite Restaurant Group (NASDAQ:IRG) today reported financial results for the second quarter ended June 30, 2014. Highlights for the second quarter of 2014 were as follows: Total revenues were $229.8 million, compared ...
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