Restaurants IPOs

Performance analysis and trends for 15 IPOs in the restaurants sector.

Total IPOs

15

Avg Return

-39.3%

Success Rate

14.3%

2 of 14 positive

Total Market Cap

$11.5B

Recent IPOs (2024+)

CompanyDateIPO PriceCurrentReturnMarket Cap
CCHH
CCH Holdings Ltd
10/3/2025$4.00$0.47-88.2%$10.4M
BRCB
Black Rock Coffee Bar, Inc.
9/12/2025$20.00$12.23-38.9%$220.4M
HCHL
Happy City Holdings Limited
6/24/2025$5.00$1.80-64.0%$32.1M
CHA
Chagee Holdings Limited
4/17/2025$28.00$10.93-61.0%$1.3B
MB
MasterBeef Group
4/10/2025$4.00$6.41+60.3%$110.0M
HDL
Super Hi International Holding Ltd.
5/17/2024$19.56$13.50-31.0%$794.3M

Best Performers

CompanyReturnIPO Date
BROS
Dutch Bros Inc.
+140.8%9/15/2021
MB
MasterBeef Group
+60.3%4/10/2025
FWRG
First Watch Restaurant Group, Inc.
-28.6%10/1/2021
HDL
Super Hi International Holding Ltd.
-31.0%5/17/2024
BRCB
Black Rock Coffee Bar, Inc.
-38.9%9/12/2025

Worst Performers

CompanyReturnIPO Date
CHSN
Chanson International Holding
-99.1%3/30/2023
CCHH
CCH Holdings Ltd
-88.2%10/3/2025
GENK
GEN Restaurant Group, Inc.
-86.9%6/28/2023
SG
Sweetgreen, Inc.
-75.9%11/18/2021
PTLO
Portillo's Inc.
-69.6%10/21/2021

Activity by Year

2025
5 IPOs
-38.3%
2024
1 IPOs
-31.0%
2023
2 IPOs
-93.0%
2022
2 IPOs
-49.8%
2021
5 IPOs
-18.4%

All Restaurants IPOs

CompanyDateIPO PriceCurrentReturnExchange
CCHH
CCH Holdings Ltd
10/3/2025$4.00$0.47-88.2%NASDAQ
BRCB
Black Rock Coffee Bar, Inc.
9/12/2025$20.00$12.23-38.9%NASDAQ
HCHL
Happy City Holdings Limited
6/24/2025$5.00$1.80-64.0%NASDAQ
CHA
Chagee Holdings Limited
4/17/2025$28.00$10.93-61.0%NASDAQ
MB
MasterBeef Group
4/10/2025$4.00$6.41+60.3%NASDAQ
HDL
Super Hi International Holding Ltd.
5/17/2024$19.56$13.50-31.0%NASDAQ
GENK
GEN Restaurant Group, Inc.
6/28/2023$12.00$1.57-86.9%NASDAQ
CHSN
Chanson International Holding
3/30/2023$4.00$0.04-99.1%NASDAQ
VSTD
Vestand Inc.
9/9/2022N/A$0.43N/ANASDAQ
REBN
Reborn Coffee, Inc.
8/12/2022$5.00$2.51-49.8%NASDAQ
SG
Sweetgreen, Inc.
11/18/2021$28.00$6.75-75.9%NYSE
BTBD
BT Brands, Inc.
11/12/2021$5.00$2.07-58.6%NASDAQ
PTLO
Portillo's Inc.
10/21/2021$20.00$6.08-69.6%NASDAQ
FWRG
First Watch Restaurant Group, Inc.
10/1/2021$18.00$12.86-28.6%NASDAQ
BROS
Dutch Bros Inc.
9/15/2021$23.00$55.38+140.8%NYSE