BOJA $16.09 View long term graphs
Set price and date alerts Bojangles', Inc. Financial Performance Bojangles', Inc. latest financial report
Bojangles' Inc.
NASDAQ: BOJA
Jack Fulk
Richard Thomas
Clifton Rutledge (CEO)
Fast food, including fried chicken, biscuits, french fries
Joel Kotyk
www.bojangles.com
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.
Bojangles', Inc. (services)
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2016-06-25 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
2015-11-05 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
In BOJA 13 funds of 2197 total. Show all
LMCG INVESTMENTS, LLC 0.20M
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