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COMPANY BENCHMARKING • UNITED STATES

Fleming’s Prime Steakhouse and Wine Bar - Company Profile

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Fleming’s Prime Steakhouse and Wine Bar - Overview

Description
Fleming’s Prime Steakhouse and Wine Bar is a private company with an estimated 1,309 employees. In the US, the company has a notable market share in at least one industry: Premium Steak Restaurants, where they account for an estimated 3.7% of total industry revenue.
Company Details

Registered Name: Fleming’s Prime Steakhouse and Wine Bar

Company Type: Other

Employees: 1309

Fleming’s Prime Steakhouse and Wine Bar - Operating Industries and Main Competitors

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Fleming’s Prime Steakhouse and Wine Bar - Products and Services

  • Premium Steak Restaurants in the US

  • Of the 4 core revenue-generating products and services in the Premium Steak Restaurants in the US industry, Fleming’s Prime Steakhouse and Wine Bar offers:
    • Steak and seafood restaurants
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Fleming’s Prime Steakhouse and Wine Bar - Analyst Insights

Fleming's downsizes and refocuses on new business model

Bloomin' Brands, owner of Fleming's decided in September of 2020 to lay off all of its establishment-level private dining directors in favor of a single regional hire. Bloomin' stated that this change was unrelated to the COVID-19 (coronavirus) pandemic and had more to do with organizations wanting automated, frictionless catering experiences. This change comes at a time where same-store Fleming's sales are still half of the pre-pandemic levels, and catering is struggling.

Labor|ESG


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Fleming’s Prime Steakhouse and Wine Bar - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Fleming’s Prime Steakhouse and Wine Bar's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Premium Steak Restaurants in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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