Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Innovent Biologics Shares Rally on New Eli Lilly Oncology and Immunology Deal 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Wendy’s restaurants in New York and Long Island were acquired by Delight Restaurant Group. A total of 44 stores were purchased by the restaurant firm from The Wendy’s Company.
DRG’s plans for its Wendy’s deal
It was reported that Delight Restaurant Group is planning to build some new Wendy’s fast-food outlets in the said states and this is part of the deal. It will also be redesigning some of the restaurants that were part of the acquisition.
Moreover, the group is looking to strengthen its presence in the fast-food market through the purchase and new unit development. Verdict Food Service mentioned that the value of Wendy’s deal is unknown as it has not been disclosed to the public.
"We are excited to continue and build on the strong performance of Wendy's restaurants in the Long Island market,” Delight Restaurant Group’s managing partner, Andrew Krumholz, said in a press release. “We have an amazing team in place and look forward to making a positive difference in our communities."
Richard Krumholz, also a managing partner at DRG added that they are “thrilled to grow with this exceptional portfolio and couldn't be more excited about the future of the Wendy's brand."
About Delight Restaurant Group
This restaurant company is one of the major franchises in the U.S. Including its latest purchase of 44 Wendy’s locations, it now operates a total of 155 Wendy’s and Taco Bell chain of stores.
Even with this huge number, the firm shared that it still intends to buy more and build new restaurants so it can continue to expand.
Delight Restaurant Group was founded in 2016 by Andrew and Richard Krumholz. It acquired 54 Wendy’s in March from NPC International that is in the midst of bankruptcy.
Thus, this is the company’s second Wendy’s deal this year. The value of the first deal for outlets located in Raleigh, North Carolina was not disclosed as well. Meanwhile, the newly acquired 44 outlets have over 1,200 staff members and reportedly churn out over $85 million a year in revenues.
