Hooters announced that it has filed for bankruptcy, but clarified in a press release that this doesn't necessarily mean it's ...

Hooters has officially filed for bankruptcy. After signing a Chapter 11 motion in Texas on Monday, the restaurant chain company vowed to “remain open to serve customers and will continue to ...

But despite the filing, and $376 million of debt, the 42-year-old brand insists ... the counter-service restaurant. After news of Hooters problems this morning, golf influencer Paige Spiranac ...

Dwayne ‘The Rock’ Johnson’s plane has mechanical issue while ... after news of Hooters considering bankruptcy started to surface, as reported by Fox News Business, citing debt concerns ...

Financial problems have mounted for Hooters of America since the sale to Nord Bay and TriArtisan Capital, compounded by $31 million in debt that came due in 2024. In response, 48 unprofitable ...

Bosses at Jack in the Box, ranked the sixth biggest burger chain, are grappling with $3.17 billion in debt and a four per ... the hardest hit — Red Lobster, Hooters, and TGI Friday's have ...

Beyond image issues, Hooters is also dealing with a severe financial crisis, carrying $300 million in debt. This has prompted the company to hold urgent meetings with lenders and advisors in ...

READ ON THE FOX BUSINESS APP The news comes over a month after reports broke back in February that Hooters was considering filing for bankruptcy. Bloomberg cited debt, liquidity problems and fewer ...

In response to the growing issues, the company ... currently holds $376 million in debt while it generated $358.9 million in revenue in 2024. “Our renowned Hooters restaurants are here to ...

The restaurant chain Hooters declared bankruptcy after facing financial problems due to debts that they were unable ... they are seeking for it to remain open and be able to resolve the debt in months ...