Hooters files for bankruptcy, says chain’s down but not out
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The deal is intended to "effectuate a sale transaction that will facilitate the continued operation of the business under new ownership."
From Fox Business
Hooters, the U.S.-based restaurant chain known for chicken wings and “Hooters Girls” skimpy wait-staff outfits, has filed for bankruptcy protection.
From ABC
Hooters currently has approximately $376 million of debt, and its 151 company-owned stores brought in around $358.9 million in revenue during the 2024 financial year.
From Newsweek
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