
Popular Southern fast food chain known for 'biscuits and gravy' declares war on Taco Bell with new menu item
Bojangles is stepping into the breakfast burrito game — and taking a not-so-subtle swipe at Taco Bell in the process.
The Southern fast-food chain launched its new Breakfast Bo-Ritos on Monday, packing sausage, eggs, crispy Bo-Rounds, Monterey Jack cheese, and sausage gravy into a tortilla, with a side of Texas Pete hot sauce.
The burritos, which will typically cost $4.49, will be available at participating locations through mid-August.
'We're always listening to our fans, and the Bo-Rito is our bold, flavorful answer to their craving for something new at breakfast,' Bojangles CMO Tom Boland told DailyMail.com.
'It's everything we love about a classic Bojangles breakfast, all wrapped up and ready to eat. We can't wait for folks to try it.'
The breakfast offering came a week after Taco Bell brought back Crispy Chicken Tacos and debuted Crispy Chicken Burritos to celebrate its 'crispy chicken era.'
Bojangles, known for its 'biscuits and gravy' and expensive sandwich options, operates over 800 restaurants, making it one of the nation's fastest-growing quick-service chicken chains.
Its restaurant count is nothing compared to Taco Bell's amount of over 8,000. However, both of them are rapidly expanding, and have been on successful financial streaks.
Bojangles has proven to be a crucial reason why chicken sales have spiked by 9 percent this year.
The 48-year-old business started off with one restaurant in 1977 before opening restaurants in 16 additional states.
The chain became private in 2018 after it was acquired by Durational Capital Management LP and The Jordan Company, LP for $593.7 million.
With its business continuing to skyrocket, Bojangles is exploring the idea to sell itself for over $1.5 billion.
'Bojangles has been growing, which supports a high valuation, but it also has potential for further expansion which is baked into the purchase price,' Retail expert Neil Saunders, of GlobalData, told DailyMail.com.
'Any buyer would want to ramp up store openings and geographical expansion as part of a playbook to recoup their investment.'
The potential business opportunity was announced shortly after its major competitor Dave's Hot Chicken agreed to sell to Roark Capital for about $1 billion.
Other competitors in eye-watering deals include the Subway sandwich chain for $9.6 billion and Jersey Mike's for $8 billion.
Bojangles is not planning on stopping its nationwide expansion plan.
The chain signed a deal to expand its restaurants in Southern California and is aiming to sell out the Los Angeles market.
It's also adding new restaurants in Houston, all of which should be open by September.
'These expansions mark a bold step forward as we continue our journey to bring Bojangles' signature menu and Southern hospitality to even more communities,' said Brooks Speirs, vice president of franchise development.
DailyMail.com has reached out to Bojangles for comment about its new Bo-Ritos.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Reuters
35 minutes ago
- Reuters
Exclusive: US exchanges, SEC in talks to ease public company regulations
NEW YORK, June 25 (Reuters) - U.S. exchange operators are in talks with the Securities and Exchanges Commission on easing regulatory burdens for public companies, as they seek to encourage more richly valued startups to list, according to four people familiar with the matter. These deliberations, the details of which are reported here for the first time, involve the SEC, Nasdaq and the New York Stock Exchange. The reforms under discussion range from reducing the quantum of disclosures and the costs of going public to making it harder for minority investors to agitate, the sources said, requesting anonymity as they were not authorized to speak publicly. The talks, which the sources said have been ongoing for several months, come amid a renewed push to ease regulations under President Donald Trump, whose administration has said, opens new tab it wants to do so to spur economic growth. Taken together, some market experts said these discussions could mark the most significant push to introduce regulatory reform for companies since the Jumpstart Our Business Startups Act was signed into law by former President Barack Obama in 2012, and build on efforts seen during Trump's first term. "The numbers are very clear that companies are staying private longer," Nasdaq President Nelson Griggs told Reuters. Griggs said the exchange operator has discussed making public markets more attractive with regulators in Washington but did not specify which agencies. "We need to make the public markets attractive because that is really how you democratize access to these companies. So it's a big focus of ours," Griggs said. Nasdaq has publicly made the case, opens new tab for easing burdens by using remedies such as the modernization of the process for proxy filings. In a statement to Reuters, Jaime Klima, general counsel of NYSE Group, said the exchange will "continue to advocate for our listed companies with regulators and policymakers.' "We strongly believe that effective and efficient regulation is key to maintaining the attractiveness of our markets," Klima said, without specifying any specific discussions ongoing. The SEC, led by new chairman Paul Atkins, said it is looking to ease rules that can impede capital formation. "The SEC is considering addressing regulatory burdens that undermine capital formation, including (ensuring) that initial public offerings are again something companies are eager to do," a spokesperson for the agency said. The SEC did not comment on specific discussions it has held with exchanges and other stakeholders. However, relaxing rules around disclosure requirements and reducing costs of going public or remaining listed often come at the expense of investors, who face heightened risk of loss when regulations are cut, experts say. 'Historically, investors and issuers have viewed the U.S. capital markets as the best in the world. That's because of the regulatory system,' said Jill Fisch, a University of Pennsylvania professor of business law. 'It's because if there's full information markets function better. Securities are priced more accurately. That's good for everyone." The discussions zero in on regulations that make it harder for companies to list and then stay public, according to the sources. One area in focus is an overhaul of current proxy processes, which involves information that companies have to provide shareholders to allow them to vote on various matters. The reform would make it harder for activist shareholders with small stakes to launch proxy contests and curb repetitive proxy proposals from minority investors, the sources said. It would also lead to less onerous disclosure requirements in preliminary proxy filings, according to the sources. Another effort involves making it less expensive for companies to list on exchanges and remain public by reducing fees associated with listing, the sources said. The conversations also include making it easier for companies that went public through deals with special purpose acquisition companies (SPACs) to raise capital, the sources said. In recent years, the SEC had cracked down on SPACs, in which a firm goes public by selling itself to a listed shell company, as a work around listing regulations. The rollbacks would also make it easier for public companies to raise capital by selling additional shares through follow-on offerings, they said. Public companies have witnessed a buildup in disclosure requirements since the landmark 2002 Sarbanes-Oxley law. Periods of market stress, such as the 2008 global financial crisis, the SPAC boom and meme stock trading in the aftermath of the COVID-19 pandemic, led to heightened regulatory oversight of corporate behavior. The SEC has over the years increased disclosure requirements on a variety of issues, including climate, cybersecurity, risk factors, and proxy reporting, according to capital markets experts. For instance, when Apple (AAPL.O), opens new tab went public in 1980, its IPO prospectus was 47 pages, according to a copy of the prospectus. That compares with a current typical IPO prospectus of 250 pages, including significant generic language around risk factors, said Jay Ritter, a finance professor at the University of Florida. There have been previous efforts to roll back regulation for public companies. The JOBS Act helped facilitate confidential IPO filings that allow companies to submit their registration paperwork privately to the SEC, away from the scrutiny of investors. Rollbacks also happened during President Trump's first term when then SEC chair Jay Clayton pushed for a lighter touch on regulation, including curbing some provisions of major laws such as the Dodd-Frank Act. Since 2000, the number of public companies listed on U.S. exchanges has declined 36% to 4,500, according to figures compiled by Nasdaq. The increase in regulations and decrease in public companies has been criticized by leading Wall Street executives such as JPMorgan Chase CEO Jamie Dimon, opens new tab and Citadel Securities founder Ken Griffin, opens new tab. Some companies have chosen to stay away from IPOs to avoid what they see as onerous disclosure requirements, additional regulatory scrutiny, and the costs associated with going public, said two people familiar with the matter, citing Elon Musk's SpaceX as being reluctant to list. SpaceX did not immediately respond to requests for comment. However, easing regulatory burdens may not result in an overnight change. "Do I think there's going to be a bull rush to the door for IPOs because of the rulemaking (from the SEC)? Probably not," said Dave Peinsipp, co-chair of the global capital markets group at law firm Cooley. He said it would be heavily dependent on returns and valuations companies can get.


Reuters
37 minutes ago
- Reuters
Palantir's surge to leave its mark on Russell reshuffle
NEW YORK, June 25 (Reuters) - A meteoric rally in shares of Palantir Technologies (PLTR.O), opens new tab is likely to leave its imprint on the final reconstitution by FTSE Russell of its benchmark indexes on Friday, when investors can expect a crush of trading volume heading into the closing bell. Every year, FTSE Russell reconstitutes, or refreshes, the components in its range of indexes, such as the Russell 2000 (.RUT), opens new tab index of small-cap stocks and Russell 1000 (.RUI), opens new tab index of large-cap names. Together they make up the Russell 3000 (.RUA), opens new tab index. There are also style indexes such as the Russell 1000 growth (.RLG), opens new tab and Russell 2000 value (.RUJ), opens new tab. Friday will be the last time the indexes are reconstituted by FTSE Russell once per year - other than when initial public offerings were added on a quarterly basis. The reshuffle forces fund managers to adjust their portfolios to reflect the new weightings and components. "We do pay attention to it because we own a lot of companies that are on that borderline between being in or out of the Russell 2000," said Eric Kuby, chief investment officer at North Star Investment Management in Chicago. "It does seem to be a positive, obviously, for the companies going into the index and a negative when they're coming out." As Palantir has skyrocketed more than 460% since last year's reconstitution, it is expected to move into the top 200 large-caps names in the Russell 1000, creating a void among the mid cap tech sector. Steven DeSanctis, small- and mid-cap equity strategist at Jefferies Financial Group in New York, anticipates that will create a drop of more than 11.1% for the technology sector in the Russell midcap growth index (.RMCCGB), opens new tab. In addition, he expects Palantir to see the most selling pressure by dollars from passive managers for the reconstitution. With about $10.6 trillion benchmarked to Russell US indexes, according to FTSE Russell, the final moments before the reconstitution is finalized leads to heightened volume as some investors attempt to take advantage of additional liquidity to exploit any price dislocations. "The fact that we now have non-traditional investors in the small-cap space for a couple of months does provide additional liquidity," said DeSanctis. "So if you wanted to make changes to your portfolio, you have more of an opportunity to do so in the reconstitution's time frame." At last year's reconstitution, Nasdaq said nearly 2.9 billion shares, representing a record $95.257 billion, were executed in its "Closing Cross" in 0.878 seconds across Nasdaq-listed securities, topping the prior record of $80.898 billion in 2021. Melissa Roberts, analyst at Stephens Inc in New York, is estimating a $150 billion net trade this year. While FTSE Russell occasionally makes changes to its methodology for inclusion into its indexes, this year saw little in the way of rule changes, although Russell issued a clarification on its domicile rule. "Companies are starting to have dual headquarters," said Catherine Yoshimoto, director of product management at FTSE Russell. "It's a more recent phenomenon... it's been happening over the years, but it really boils down to needing a clarification because there were enough questions around it." Companies that are now expected to be included in the Russell indexes through a change in their headquarters are Brookfield Asset Management ( opens new tab and Restaurant Brands ( opens new tab. Companies that are being added to the indexes usually see an increase in demand, but that does not always translate to a rise in prices, or what is known as the "wrong way" when the stock falls. Roberts notes that while the additions to the Russell 1000 are generally seeing a climb in price, the small-cap inclusions to the Russell 2000 have declined. "If everyone kind of has the same idea - there's this liquidity event, I have these liquidity suppliers who are picking up shares to facilitate the Russell trade in the market, I want to force back my position or I want to exit a position," Roberts said. "If everyone starts doing that, that's kind of what crowds the trade," she added.


The Sun
38 minutes ago
- The Sun
I received important Amazon alert about a major app closure – everyone should check their email NOW for a refund
AMAZON is shutting down one of its apps in a matter of weeks and warning users of any unspent money on their account. Fortunately, affected account holders will be able to claim a refund, so it's well worth checking in case you have any unspent money gathering digital dust. 2 2 The service in question is being discontinued due to dwindling numbers. Amazon Coins acted as a digital payment method for the tech giant's virtual goods on the Amazon Appstore, Kindles and Android devices. The firm has already stopped people from purchasing new coins in Feburary. But users have until August 20 to spend any they have left. In the latest effort to warn people, Amazon has sent out reminders to those affected. "We are writing to remind you that we will be discontinuing the Amazon Coins program on August 20, 2025; please spend any unused Amazon Coins in your account before that date," the email reads. "Thank you for being a valued Amazon Customer, The Amazon Appstore." If you're unsure whether you've ever used Amazon Coins, it's well worth checking the balance. You can do this by logging into the Amazon Appstore on your device and checking on the home page. If you do have Coins left, you can redeem a refund. On Amazon's help page, it says: "Any Coins you have purchased that remain in your account after 20 August 2025 will be refunded. "Additional details concerning refunds will be shared at a later date." The Amazon Appstore for Android is also earmarked for closure on the same date. Amazon warns that any apps downloaded from the Amazon Appstore "will not be guaranteed to operate on Android devices" after the cut off. In a statement last month, the company told The Sun: "In our ongoing effort to streamline and improve our services and programs, we are making some changes to Amazon Appstore for Android devices and Amazon Coins program." HOW TO CHECK YOUR AMAZON APPSTORE SUBSCRIPTIONS Here's the official advice from Amazon... Manage Your Appstore Subscriptions from the Amazon Appstore App Change, update, cancel, or turn off auto-renewals for subscriptions purchased from the Amazon Appstore app. 1. Open the Amazon Appstore app 2. Tap My Apps 3. Tap Subscriptions 4. Update your subscription as needed Manage Your Appstore Subscriptions from the Website Change, update, cancel, or turn off auto-renewals for subscriptions purchased from the Amazon Appstore app. 1. Go to Your Account 2. Select Your Apps under Digital content and devices. 3. Select Your Subscriptions under Manage. 4. Update your subscription as needed. Picture Credit: Amazon