Portfolio Company: Zoe’s Kitchen
Zoe’s Kitchen, a Brentwood Associates portfolio company, is one of 17 newcomers to The Dallas Morning News’ annual ranking of the area’s top public companies. The plano-based company now operates 119 fast-casual restaurants.
“We don’t serve food that has been pre-made and dumped from a bag into a warming bin,” said Jason Morgan, Zoe’s chief financial officer, in an interview with the newspaper. “Our soups start from scratch by boiling the whole chicken, and a pineapple comes into our store as a whole pineapple and gets hand cut in our kitchen.”
Revenue jumped 46 percent in 2013 over the previous year to $116.4 million which is enough to rank Zoe’s No. 112 among 150 public companies in North Texas. The company’s public offering on April 10 was oversubscribed by 30 times – selling 6 million shares at $15 a share as investor demand reached 180 million shares. Its stock price has since doubled.
New to the list
Seventeen companies were added to the rankings of the biggest public companies in North Texas:
Amen Properties Inc.
Ashford Hospitality Prime Inc.
Athlon Energy Inc.
ClubCorp Holdings Inc.
The Container Store Group Inc.
CVSL Inc.
Emerge Energy Services LP
Enlink Midstream LLC
Enlink Midstream Partners LP
La Quinta Holdings Inc.
Mavenir Systems Inc.
RSP Permian Inc.
Santander Consumer USA Holdings Inc.
Sizmek Inc.
Speed Commerce Inc.
SWK Holdings Corp.
Zoe’s Kitchen Inc.