CEO of Inspire Brands on Arby's Acquisition of Buffalo Wild Wings
Paul Brown, CEO of Inspire Brands, discusses Arby's recent acquisition of Buffalo Wild Wings, spawning the launch of multi-brand restaurant owner-operator Inspire Brands.
The new company includes Arby's, Buffalo Wild Wings, and R Taco restaurants. Brown teases potential future acquisitions and discusses the possibility of the company going public. We talk about the growth potential of Inspire Brands both globally and domestically.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
