In a filing with the SEC, the fast-casual brand known for its ‘better burger’ concept reported sales drops and said it may need to seek bankruptcy protection.
As 2024 continues to be a rough year for restaurant chains, yet another well-known brand appears to be teetering on the brink. In a filing with the Securities and Exchange Commission (SEC) on Friday, BurgerFi International reported significant recent sales drops and warned investors of a potential future bankruptcy filing.