Nasdaq Welcomes Fogo de Chao, Inc. to The Nasdaq Stock Market
NEW YORK, June 19, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Fogo de Chão, Inc. (Nasdaq:FOGO) commenced on The Nasdaq Stock Market on June 19, 2015.
Fogo de Chão is a leading restaurant concept with a distinctive tradition – churrasco. As a Brazilian steakhouse, or churrascaria, the restaurant specializes in fire-roasting high-quality meats utilizing the centuries-old Southern Brazilian cooking technique of churrasco. First established in Brazil in 1979, Fogo de Chão delivers a distinctive and authentic Brazilian dining experience through the combination of high-quality Brazilian cuisine and a differentiated service model. Fogo de Chão offers guests a fun and captivating dining experience in its 26 restaurants in the United States, 10 in Brazil and one joint venture restaurant in Mexico.
“Fogo de Chão provides an upscale experience and exceptional value to the customer, while bringing the authentic culture and taste of Brazil to patrons from across the globe,” said Nelson Griggs, Executive Vice President, Listing Services at Nasdaq. “We are excited to welcome Fogo de Chão to the family of consumer companies that call Nasdaq home and we look forward to their continued growth and success for years to come.”
By listing with Nasdaq, Fogo de Chão joins some of the world's largest and most revolutionary companies. Nasdaq is the exchange of choice to 70 percent of public U.S. restaurants listed on the U.S. markets.
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