BurgerFi sees 2023 revenue at low end of $175M-$180M

Management now believes that it will come in at the low end of the previous stated guidance. Annual revenues of $175-180 million; Consolidated low single-digit same-store sales growth for corporate-owned locations; 15-20 new franchised restaurants, including one new Anthony’s; Adjusted EBITDA of $10-12 million; Capital expenditures of approximately $2 million