Zoe’s Kitchen to Open 20-30 More Restaurants in 2014

by Karl Utermohlen | April 15, 2014 3:20 pm

Zoe’s Kitchen to Open 20-30 More Restaurants in 2014

Zoe’s Kitchen (ZOES[1]) is looking to expand into a bigger business following a successful initial public offering (IPO) on Friday.

Zoes Kitchen 300x300 Zoe's Kitchen to Open 20 30 More Restaurants in 2014[2]The restaurant is looking to use its new resources to open 20 to 30 restaurants[3] in 2014. Zoe’s Kitchen currently has 114 locations around the country.

The IPO of ZOES stock was highly successful with shares rising about 65% in its New York Stock Exchange debut on Friday. Zoe’s Kitchen was the first restaurant IPO of 2014.

ZOES stock is currently selling at $25.09 per share. Zoe’s Kitchen IPO has made the company one of the year’s new stocks to watch[4].

More Restaurants in the News

Endnotes:
  1. ZOES: http://studio-5.financialcontent.com/investplace/quote?Symbol=ZOES
  2. [Image]: http://investorplace.com/wp-content/uploads/2014/04/Zoes-Kitchen.jpg
  3. restaurants: http://nrn.com/corporate-news/zoe-s-kitchen-plans-expansion-after-successful-ipo
  4. new stocks to watch: http://investorplace.com/ipo-playbook/13-new-stocks-to-watch-lq-ally/3/#.U02DIFdjt8F
  5. Taco Bell Debuts Next Doritos Locos Tacos on Snapchat: http://investorplace.com/2014/04/taco-bell-doritos-locos-tacos-snapchat/#.U02FiVdjt8E
  6. Applebee’s Customer Bites Into Metal Bolt in Burger: http://investorplace.com/2014/04/applebees-din-stock/#.U02Fkldjt8E
  7. Top 6 Food Trends 2014: http://investorplace.com/2014/03/food-trends-2014-cpb-stock/#.U02FjVdjt8E

Source URL: http://investorplace.com/2014/04/zoes-kitchen-zoes-stock/
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