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Zoe’s Kitchen, Inc. (ZOES) Offers Mediterranean Diet for Health Conscious Consumers
Zoe’s Kitchen, based in Plano, Texas, was founded in 1995 as a fast casual restaurant concept serving a distinct menu of fresh, Mediterranean-inspired dishes, based upon family recipes, made from scratch daily and delivered with Southern hospitality. The emphasis is on nutrition and freshness, appealing to the growing demand for healthier foods, with a special focus on the popular Mediterranean diet. As such, their offerings include plenty of fruits and vegetables, along with fish and anti-oxidant rich olive oil. Their informal motto is: “If it wasn’t food 100 years ago, it isn’t food today”.
The company offers franchise opportunities, which has accelerated growth. Today they have over 110 locations in 15 states, primarily covering the southern half of the country, but as far north as Pennsylvania. The company is led by CEO Kevin Miles, recognized in both Nation’s Restaurant News and Fast Casual magazine highlighting him as “Top 10 Executives to Watch” and “Top Movers and Shakers”.
In a press release, the company announced the pricing of its IPO of 5,833,333 shares of common stock at a price to the public of $15.00 per share. The shares began trading today on the New York Stock Exchange under the ticker symbol “ZOES.” The closing of the offering is expected to occur on April 16, 2014, subject to the satisfaction of customary closing conditions.
For additional information, visit www.ZoesKitchen.com
