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This place sucks
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{{Infobox company
This place is very overpriced. I hate this place so much. Don't go there for food. Go there to buy cars.
|name = P.F. Chang's China Bistro
|logo = P F Chang's Logo.svg
|type = [[Privately held company|Private]]
|traded_as =
|industry = [[Restaurant]]
|genre = [[Casual dining]]
|foundation = {{Start date|1993}}<br />[[Scottsdale, Arizona]], [[United States|U.S.]]
|founder = [[Paul Fleming (restaurateur)|Paul Fleming]]<br />Philip Chiang
|location = 7676 E. Pinnacle Peak Road<br />Scottsdale, Arizona, U.S. 85255
|locations = 204 (2012)
|area_served = Worldwide
|key_people = Michael Osanloo<br />[[CEO]] of P.F. Chang’s China Bistro, Inc.
|products = [[Asian American cuisine]]
|revenue =
|operating_income =
|net_income =
|assets =
|equity =
|num_employees =
|owner = [[Centerbridge Partners]]
|homepage = {{URL|1=http://www.pfchangs.com|2=pfchangs.com}}
|footnotes = <ref name="FY 2011 10-K">{{cite web|url=http://sec.gov/Archives/edgar/data/1039889/000103988912000003/pfcb10k2011.htm|title=FY 2011 10-K|author=P.F. Chang’s China Bistro, Inc.|date=January 1, 2012|publisher=U.S. Securities and Exchange Commission|accessdate=May 17, 2012}}</ref><ref>{{cite web|url=http://www.pfchangs.com/chefscorner|title=Chef's Corner, Recipes and Tutorials|year=2010|publisher=P.F. Chang's China Bistro, Inc.|accessdate=May 17, 2012}}</ref>
}}

'''P. F. Chang's China Bistro ''' is an [[Asia]]n-themed [[United States|US]] [[casual dining]] [[restaurant chain]] founded in 1993 by Paul Fleming and Philip Chiang, owned and operated by Centerbridge Partners, and headquartered in [[Scottsdale, Arizona|Scottsdale]], [[Arizona]].<ref>http://www.malloftheemirates.com/dining/dining-restaurants/pf-changs.aspx</ref> As of October 2014, P. F. Chang's operated 204 restaurants in the [[United States]] and 56 in international markets under licensee agreements. Countries include [[Canada]], [[Puerto Rico]], [[Mexico]], [[Argentina]], [[Chile]], [[Brazil]], [[Colombia]], [[Costa Rica]], [[Panama]], [[Turkey]], [[Lebanon]], [[Philippines]], [[South Korea]], [[Dominican Republic]], [[Egypt]], [[Jordan]], [[Kuwait]], [[Qatar]], [[Saudi Arabia]] and [[United Arab Emirates]].<ref>http://www.pfchangs.com/locations/International.aspx</ref> It is the largest full service, casual dining Chinese restaurant chain in the United States with locations across the country.

"P. F. Chang's" is the [[namesake]] of [[Paul Fleming (restaurateur)|Paul Fleming]] (P. F.) and Philip Chiang (whose surname is shortened to ''Chang'').<ref name="FAQ">{{cite web|url=http://www.pfchangs.com/AboutUs/FAQ.aspx|title=FAQs|year=2010|publisher=P.F. Chang's China Bistro, Inc.|accessdate=May 17, 2012}}</ref>

Opening in London UK in 2017.

==History==
[[Image:STC PF Changs.jpg|thumb|left|A P.F. Chang's China Bistro at [[Stamford Town Center]], [[Connecticut]] (now closed)]]
<!-- Deleted image removed: [[Image:P. F. Changs.jpg|thumb|right|A P.F. Chang's at the [[Beverly Center]] in [[Los Angeles]].]] -->

The chain was founded in 1993 by [[Paul Fleming (restaurateur)|Paul Fleming]] and Philip Chiang - son of [[Cecilia Chiang]]. The first [[restaurant]] was opened at the [[Scottsdale Fashion Square]] in [[Scottsdale, Arizona]].<ref name="FAQ"/> In 1993, P.F. Chang's China Bistro, Inc. was formed from the acquisition of the original four [[bistro]] restaurants.<ref name="FY 2011 10-K"/> On July 2, 2012 Centerbridge Partners completed the purchase of P.F. Changs China Bistro and the company is no longer publicly held.

In 2010, "P.F. Chang's China Bistro Home Menu" was introduced. The brand represents a group of frozen appetizers and meals that were sold under license by [[Unilever]].<ref>{{cite web|url=http://www.pfchangshomemenu.com/Products|title=Products|year=2012|publisher=Unilever|accessdate=May 17, 2012}}</ref>

[[ConAgra Foods, Inc.]] acquired the P.F. Chang's China Bistro Home Menu license from Unilever in August 2012.

===2004: Restatement===
On March 15, 2004, the company reported that it had modified its partnership accounting, which resulted in a restatement of its financial results for prior years.<ref>{{cite web |url=http://www.accessmylibrary.com/article-1G1-114373257/p-f-chang-china.html |title= P.F. Chang's Modifies Its Partnership Accounting}}</ref> On March 17, 2005, the company was to adjust its accounting for leases in order to conform with U.S. generally accepted accounting principles. Accordingly, management and the audit committee determined that the company's previously issued consolidated financial statements, including those in the company's Annual Report on Form 10-K for the fiscal year ended Dec. 28, 2003, and those in the company's Quarterly Reports on Form 10-Q for the first three fiscal quarters of 2004, should no longer be relied upon.<ref>{{cite web |url=http://www.sec.gov/Archives/edgar/data/1039889/000095015305000552/p70373e8vk.htm |title= P.F. Chang's Announces Lease Accounting Changes}}</ref>

==Menu==
[[Image:PF Changs.jpg|thumb|right|A P.F. Chang's China Bistro location in [[Columbia, Maryland]].]]
The chain specializes in [[American Chinese cuisine]]. Wine, specialty drinks, Asian beers, sake, cappuccino and espresso are available outside standard beverage offerings.<ref name="FY 2011 10-K"/>

==See also==
{{Portal|Arizona|Companies|Food}}
* [[Pei Wei Asian Diner]]

==References==
{{Reflist}}

==External links==
{{commons category|P. F. Chang's China Bistro}}
* [http://www.pfchangs.com Official website]
* [http://www.pfcb.com P.F. Chang's China Bistro, Inc. website]
* [http://www.pfchangshomemenu.com P.F. Chang's Home Menu website]

{{Fast-food chains of the United States}}
{{ConAgra}}

[[Category:Companies based in Scottsdale, Arizona]]
[[Category:Restaurants established in 1993]]
[[Category:Restaurant chains in the United States]]
[[Category:Chinese restaurants]]
[[Category:1993 establishments in Arizona]]

Revision as of 22:15, 15 August 2017

P.F. Chang's China Bistro
Company typePrivate
IndustryRestaurant
GenreCasual dining
Founded1993 (1993)
Scottsdale, Arizona, U.S.
FounderPaul Fleming
Philip Chiang
Headquarters7676 E. Pinnacle Peak Road
Scottsdale, Arizona, U.S. 85255
Number of locations
204 (2012)
Area served
Worldwide
Key people
Michael Osanloo
CEO of P.F. Chang’s China Bistro, Inc.
ProductsAsian American cuisine
OwnerCenterbridge Partners
Websitepfchangs.com
Footnotes / references
[1][2]

P. F. Chang's China Bistro is an Asian-themed US casual dining restaurant chain founded in 1993 by Paul Fleming and Philip Chiang, owned and operated by Centerbridge Partners, and headquartered in Scottsdale, Arizona.[3] As of October 2014, P. F. Chang's operated 204 restaurants in the United States and 56 in international markets under licensee agreements. Countries include Canada, Puerto Rico, Mexico, Argentina, Chile, Brazil, Colombia, Costa Rica, Panama, Turkey, Lebanon, Philippines, South Korea, Dominican Republic, Egypt, Jordan, Kuwait, Qatar, Saudi Arabia and United Arab Emirates.[4] It is the largest full service, casual dining Chinese restaurant chain in the United States with locations across the country.

"P. F. Chang's" is the namesake of Paul Fleming (P. F.) and Philip Chiang (whose surname is shortened to Chang).[5]

Opening in London UK in 2017.

History

A P.F. Chang's China Bistro at Stamford Town Center, Connecticut (now closed)

The chain was founded in 1993 by Paul Fleming and Philip Chiang - son of Cecilia Chiang. The first restaurant was opened at the Scottsdale Fashion Square in Scottsdale, Arizona.[5] In 1993, P.F. Chang's China Bistro, Inc. was formed from the acquisition of the original four bistro restaurants.[1] On July 2, 2012 Centerbridge Partners completed the purchase of P.F. Changs China Bistro and the company is no longer publicly held.

In 2010, "P.F. Chang's China Bistro Home Menu" was introduced. The brand represents a group of frozen appetizers and meals that were sold under license by Unilever.[6]

ConAgra Foods, Inc. acquired the P.F. Chang's China Bistro Home Menu license from Unilever in August 2012.

2004: Restatement

On March 15, 2004, the company reported that it had modified its partnership accounting, which resulted in a restatement of its financial results for prior years.[7] On March 17, 2005, the company was to adjust its accounting for leases in order to conform with U.S. generally accepted accounting principles. Accordingly, management and the audit committee determined that the company's previously issued consolidated financial statements, including those in the company's Annual Report on Form 10-K for the fiscal year ended Dec. 28, 2003, and those in the company's Quarterly Reports on Form 10-Q for the first three fiscal quarters of 2004, should no longer be relied upon.[8]

A P.F. Chang's China Bistro location in Columbia, Maryland.

The chain specializes in American Chinese cuisine. Wine, specialty drinks, Asian beers, sake, cappuccino and espresso are available outside standard beverage offerings.[1]

See also

References

  1. ^ a b c P.F. Chang’s China Bistro, Inc. (January 1, 2012). "FY 2011 10-K". U.S. Securities and Exchange Commission. Retrieved May 17, 2012.
  2. ^ "Chef's Corner, Recipes and Tutorials". P.F. Chang's China Bistro, Inc. 2010. Retrieved May 17, 2012.
  3. ^ http://www.malloftheemirates.com/dining/dining-restaurants/pf-changs.aspx
  4. ^ http://www.pfchangs.com/locations/International.aspx
  5. ^ a b "FAQs". P.F. Chang's China Bistro, Inc. 2010. Retrieved May 17, 2012.
  6. ^ "Products". Unilever. 2012. Retrieved May 17, 2012.
  7. ^ "P.F. Chang's Modifies Its Partnership Accounting".
  8. ^ "P.F. Chang's Announces Lease Accounting Changes".
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