Type
|
Public |
---|---|
Traded as | NASDAQ: BOJA |
Industry | Food |
Founded | 1977 |
Founders | Jack Fulk Richard Thomas |
Headquarters | Charlotte, North Carolina |
Number of locations
|
600+ |
Key people
|
Clifton Rutledge (CEO) |
Products | Fast food, including fried chicken, biscuits, french fries |
Owner | Joel Kotyk |
Website | www |
Bojangles' Inc. is a Southeastern regional chain of fast food restaurants, specializing in mild cajun seasoning, fried chicken, and buttermilk biscuits. The company was founded in Charlotte, North Carolina in 1977 by Jack Fulk and Richard Thomas.
Bojangles' opened its first location in Charlotte in 1977. The following year, the first franchised restaurant began operations.
Jack Fulk sold the Bojangles' concept to a now-defunct New York company, The Horn & Hardart Company, in 1981.
During the time of Horn and Hardart's ownership the chain grew rapidly and expanded to 335 restaurants including 100 restaurants in Florida. Part of this growth was fueled by acquisitions including the Florida-based Biskits chain.
In 1990, Horn and Hardart sold most of its interest to Sienna Partners and Interwest Partners. The company was then headed by former KFC executive, Dick Campbell. In 1994 the company attempted a public offering. Dick Campbell was subsequently replaced by CEO Jim Peterson. The company was sold to a group of investors headed by former Wendy's executive Joe Drury and financed by FMAC in 1998.
Bojangles' grew throughout the 1990s and 2000s, with the 300th location opening in 2003. The restaurant started its first college campus location on the grounds of Central Piedmont Community College in 2005.
Bojangles' was purchased once again in 2007 by Falfurrias Capital Partners, a private equity firm. In August 2011, Falfurrias sold Bojangles' to Boston-based Advent International, another private equity firm, after a competitive bidding process with other investors.
In 2012, Bojangles' began sponsoring the NASCAR race Bojangles' Southern 500, and opened another college campus restaurant at UNC Greensboro.
The company opened its 600th restaurant on July 8, 2014, on Galleria Road in Charlotte with Charlotte mayor Dan Clodfelter cutting the celebratory ribbon.
In April 2015, the company filed with the US regulator for an initial public offering of its common stock, expecting to raise $372 million.
The company has restaurants in 11 states and the District of Columbia. At various times Bojangles' has franchised restaurants in Grand Cayman Island, Jamaica, Mexico, Ireland, and China, Honduras.
2016-06-25 | Reiterated Rating | Jefferies Group | Buy | $22.00 |
2016-05-06 | Reiterated Rating | Jefferies Group | Buy | $22.00 |
2016-05-06 | Reiterated Rating | Bank of America | Buy | |
2016-05-06 | Reiterated Rating | Stephens | Overweight | $20.00 to $22.00 |
2016-05-06 | Reiterated Rating | Bank of America Corp. | Buy | |
2016-03-13 | Lower Price Target | Goldman Sachs | Neutral | $20.00 to $18.00 |
2016-03-13 | Lower Price Target | Goldman Sachs Group Inc. | Neutral | $20.00 to $18.00 |
2016-03-12 | Upgrade | Sidoti | Equal Weight to Overweight | |
2016-03-12 | Reiterated Rating | RBC Capital | Sector Perform | $20.00 |
2016-03-12 | Reiterated Rating | Barclays | Hold | |
2016-03-12 | Reiterated Rating | Barclays PLC | Hold | |
2016-03-12 | Reiterated Rating | Royal Bank Of Canada | Sector Perform | $20.00 |
2016-03-11 | Upgrade | Stephens | Equal Weight to Overweight | |
2016-03-11 | Reiterated Rating | Piper Jaffray | Neutral | $20.00 to $17.00 |
2016-03-11 | Reiterated Rating | Jefferies Group | Buy | $24.00 to $22.00 |
2016-03-11 | Lower Price Target | Barclays | Equal Weight | $23.00 to $18.00 |
2016-03-11 | Reiterated Rating | Piper Jaffray Cos. | Neutral | $20.00 to $17.00 |
2015-12-30 | Upgrade | Bank of America | Buy | |
2015-12-22 | Upgrade | Bank of America | Neutral to Buy | $25.00 |
2015-11-06 | Reiterated Rating | Piper Jaffray | Neutral | $29.00 to $20.00 |
2015-11-05 | Lower Price Target | RBC Capital | Sector Perform | $30.00 to $23.00 |
2015-08-27 | Reiterated Rating | KeyBanc | Overweight | $32.00 |
2015-08-27 | Reiterated Rating | KeyCorp | Overweight | $32.00 |
2015-08-16 | Initiated Coverage | Barclays | Hold | |
2015-08-16 | Reiterated Rating | Piper Jaffray | Hold | |
2015-08-16 | Initiated Coverage | Jefferies Group | Buy | |
2015-08-07 | Boost Price Target | Piper Jaffray | Neutral | $27.00 to $29.00 |
2015-07-28 | Upgrade | SunTrust | Neutral to Buy | $28.00 |
2015-07-28 | Upgrade | SunTrust Banks Inc. | Neutral to Buy | $28.00 |
2015-06-15 | Reiterated Rating | Wells Fargo & Co. | Market Perform | |
2015-06-15 | Reiterated Rating | Wells Fargo | Market Perform | |
2015-06-02 | Initiated Coverage | Stephens | Equal Weight | $26.00 |
2015-06-02 | Initiated Coverage | Bank of America | Neutral | $30.00 |
2015-06-02 | Initiated Coverage | SunTrust | Neutral | $28.00 |
2015-06-02 | Initiated Coverage | Wells Fargo & Co. | Market Perform | |
2015-06-02 | Initiated Coverage | Goldman Sachs | Neutral | $23.00 |
2015-06-02 | Initiated Coverage | William Blair | Outperform | |
2015-06-02 | Initiated Coverage | Barclays | Equal Weight | $27.00 to $27.00 |
2015-06-02 | Initiated Coverage | Piper Jaffray | Neutral | $27.00 |
2015-06-02 | Initiated Coverage | Jefferies Group | Buy | $32.00 |
2015-06-02 | Initiated Coverage | KeyBanc | Neutral to Overweight | $32.00 |
2015-06-02 | Initiated Coverage | RBC Capital | Sector Perform | $30.00 |
2015-06-02 | Initiated Coverage | Wells Fargo | Market Perform |
2016-06-25 | Reiterated Rating | Jefferies Group | Buy | $22.00 |
2016-05-06 | Reiterated Rating | Jefferies Group | Buy | $22.00 |
2016-05-06 | Reiterated Rating | Bank of America | Buy | |
2016-05-06 | Reiterated Rating | Stephens | Overweight | $20.00 to $22.00 |
2016-05-06 | Reiterated Rating | Bank of America Corp. | Buy |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In BOJA 12 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Institutional Trust Company, N.A. | 0.39M |
BlackRock Fund Advisors | 0.30M |
RUSSELL FRANK CO/ | 0.18M |
AHL Partners LLP | 0.12M |
Independent Portfolio Consultants, Inc. | 43199 |
BlackRock Investment Management, LLC | 34524 |
Hutchin Hill Capital, LP | 25800 |
JANUS CAPITAL MANAGEMENT LLC | 22149 |
Numeric Investors LLC | 21700 |
BLACKROCK ADVISORS LLC | 3428 |
BlackRock Group LTD | 1622 |
HERNDON CAPITAL MANAGEMENT LLC | 552 |