Bravo Brio Restaurants LLC has filed for Chapter 11 bankruptcy protection. The company stated the move was necessary to improve its financial position and bring on new investors. The reorganization process will involve closing underperforming locations, restructuring debt, and reducing operational expenses. Economic forces and increased competition were cited as contributing factors. Bravo had 25 U.S. units, and Brio had 31 units as of 2024. Earl Enterprises, which owns other restaurant brands, bought Bravo and Brio in June 2020 and named a new CEO in March 2025.

Read more at Yahoo Finance: Bravo Brio Restaurants files for bankruptcy for the 2nd time in 5 years