FAT Brands

FAT Brands, Inc. engages in developing, marketing, acquiring, and managing fast casual and casual dining restaurant concepts around the world. Its brands include Yalla Mediterranean, Buffalo's Cafe & Express, Ponderosa Steakhouse and Bonanza, Fatburger, Hurricane Grill & Wings, Bonanza Steak & BBQ, and Hurricane BTW. The company was founded by Andrew A. Wiederhorn on March 21, 2017 and is headquartered in Beverly Hills, CA.

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FAT Brands posts robust Q4 earnings, eyes growth opportunities in 2023

FAT Brands reported strong financial results for Q4 2022 and fiscal year 2022, showcasing revenue growth and expansion. While challenges like store delays and margin compression exist, the company remains optimistic about future performance. Management's focus on growth strategies, cost savings, and operational efficiencies positions FAT Brands for a promising 2023.

FAT Brands posts robust Q1 results, eyes expansion and efficiency

FAT Brands delivered a strong Q1 2023 performance with notable revenue and EBITDA growth, underpinned by positive same-store and system-wide sales increases.
The company's initiatives to expand units, establish a charitable foundation, and optimize board structure position it well for future growth and operational efficiency.
While facing challenges in a competitive market, FAT Brands can capitalize on opportunities for further expansion, strategic partnerships, and brand enhancement to drive long-term success.

FAT Brands reports impressive Q2 earnings, eyes expansion and cost management

FAT Brands delivered strong financial performance in Q2 2023, with revenue and EBITDA showing robust growth. Expansion plans for new units and focus on Twin Peaks expansion present promising opportunities. Managing litigation costs and seizing growth opportunities will be key focus areas for the company.

FAT Brands reports revenue growth and unit expansion amidst challenges

FAT Brands reported solid revenue growth and unit expansion, while facing challenges in EBITDA and market conditions for Twin Peaks' IPO.
The company's co-branding strategy and international expansion present promising opportunities for future growth.
Efforts to manage securitized bonds and enhance operational capacity in Georgia are key focus areas for sustained performance.

FAT Brands reports robust Q4 growth and strategic milestones

FAT Brands delivered strong financial performance in Q4 2023 and full-year 2023, showcasing growth in revenue and adjusted EBITDA, despite short-term challenges like increased costs and a net loss.
The company's strategic strengths lie in organic growth, key milestones achieved, and a focus on franchise opportunities and operational efficiencies, positioning it for future success.
While facing challenges such as financial losses and the need for refinancing, FAT Brands has opportunities to drive profitability through cost optimization, strategic initiatives, and market expansion.

FAT Brands excels in Q1 2024, eyes IPO and international growth

FAT Brands delivered impressive financial results in Q1 2024, driven by strong revenue growth and strategic acquisitions. With a focus on organic expansion and successful franchise agreements, the company is poised for continued growth. Challenges lie in managing rapid expansion, but opportunities like the Twin Peaks IPO and international development deals offer promising prospects.

FAT Brands reports strong revenue growth, eyes strategic expansion opportunities

FAT Brands demonstrated solid revenue growth and operational performance in Q2 2024, driven by franchisee expansion and new restaurant openings.
While facing challenges in EBITDA decline and reduced new openings, the company's strategic focus on growth segments and acquisitions presents opportunities for future expansion.
Overall, FAT Brands remains well-positioned to capitalize on its established market presence and drive growth through targeted initiatives and brand portfolio enhancements.

FAT Brands reports robust revenue growth and strategic expansion plans

FAT Brands showcased strong revenue growth driven by acquisitions and expansion plans, despite a decline in adjusted EBITDA, signaling a focus on long-term value creation.
The company's emphasis on growth, financial restructuring, and operational efficiency positions it well for future success, with opportunities to enhance shareholder value and market presence.
While facing challenges in profitability and cash flow breakeven targets, FAT Brands' strategic initiatives and commitment to growth provide a positive outlook for sustained performance and value creation.

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FAT's Series B preferred shares offer a $2.0625 annual coupon paid in monthly installments. These are currently swapping hands at a 40% discount to par value. The company's total debt position increased to $1.25 billion as of the end of its fiscal 2023 first quarter to drive quarterly interest expenses of $25 million. FAT's proposed IPO of Twin Peaks could unlock significant value and shift at least $250 million worth of debt at fair value off its balance sheet.

FAT Brands: I'm Building A Highly Speculative Position In The Preferreds

FAT Brands Inc. (FAT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in FAT Brands Inc. (FAT): Can Its 7.1% Jump Turn into More Strength?

Original Cookie Cake Franchise Now Open in Anchorage LOS ANGELES, June 15, 2023 (GLOBE NEWSWIRE) -- Great American Cookies , the Original Cookie Cake franchise, announces its first location in the state of Alaska. Located in Anchorage, the new store serves as the ultimate sweet spot for locals with desserts including Custom Cookie Cakes, fresh, soft-baked cookies, brownies, and more.

Great American Cookies Continues U.S. Expansion Push with First Alaska Location

FAT Brands Inc (NASDAQ:FAT) plans to pursue an initial public offering of its Twin Peaks restaurant business in a move analysts said will highlight the “significant value” in its assets.  FAT said in a statement on Tuesday that taking Twin Peaks public is intended to unlock value for its shareholders and to help facilitate continued strong growth of the restaurant chain and market segment.

FAT Brands plans Twin Peaks IPO to boost shareholder value; broker gives thumbs up

Shares of Fat Brands Inc. FAT, +9.38% ran up 9.4% toward a 10-week high in afternoon trading Tuesday, after the restaurant franchising company, with brands including Johnny Rockets, Hot Dog on a Stick, Round Table Pizza and Fatburger, said it's planning an initial public offering (IPO) of its Twin Peaks sports-lodge themed restaurant chain. Twin Peaks, which Fat Brands acquired in October 2021, is expected to end 2023 with approximately 115 lodges, up nearly 40% since it was acquired.

Johnny Rockets, Hot Dog on a Stick parent Fat Brands plans to IPO Twin Peaks restaurant chain

Global Restaurant Franchising Company Looks to Unlock Value and Build on Growth of Twin Peaks Restaurant Chain

FAT Brands Announces Intent to Take Twin Peaks Public

Presentation on Tuesday, June 6 at 4: 3 0 PM PT LOS ANGELES, May 22, 2023 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic.

FAT Brands to Present at LD Micro Invitational XIII

Fatburger Gains Momentum , Great American Cookies , Marble Slab Creamery , Buffalo's Express Make Debut

FAT Brands Continues Iraq Expansion with 22-Unit Development Deal

FAT Brands, Inc. (NASDAQ:FAT ) Q1 2023 Earnings Conference Call May 8, 2023 4:30 PM ET Company Participants Andrew Wiederhorn - Outside Consultant & Strategic Advisor & Director Kenneth Kuick - CFO Robert Rosen - EVP, Capital Markets Conference Call Participants Joseph Gomes - NOBLE Capital Markets Roger Lipton - Lipton Financial Services Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the FAT Brands Inc. First Quarter 2023 Earnings Conference Call.

FAT Brands, Inc. (FAT) Q1 2023 Earnings Call Transcript

Conference call and webcast today at 4:30 p.m. ET LOS ANGELES, May 08, 2023 (GLOBE NEWSWIRE) -- FAT (Fresh.

FAT BRANDS INC. REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS

Senior FAT Brands Executives A ppointed to Lead Global Restaurant Franchising Company

FAT Brands Announces Ken Kuick and Rob Rosen as Co-CEOs

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Classic Burger Chain Broadens International Presence with Newest B engaluru Location

Johnny Rockets Touches Down in India at Kempegowda International Airport

Iconic Cookie Chain Makes Number Crunching Day a Piece of Cake LOS ANGELES, April 10, 2023 (GLOBE NEWSWIRE) -- Great American Cookies, home of the O riginal Cookie Cake, is mixing up a new deal for Tax Day this year. On April 18, fans will receive an offer a slice above the rest— buy one, get one Cookie Cake Slice free.

Great American Cookies Slices Up Free Cookie Cake Deal for Tax Day

LOS ANGELES, April 05, 2023 (GLOBE NEWSWIRE) -- Elevation Burger, the burger chain where ingredients matter, is joining the cookie craze and has unveiled brand-new cookie offerings across all locations. Fans can now enjoy sweet new Elevation Burger menu items such as fresh-baked Chocolate Chip Cookies and Chocolate Chip Cookie Ice Cream Sandwiches.

Elevation Burger Now Serving Fresh-Baked Cookie Offerings

LOS ANGELES, March 23, 2023 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Johnny Rockets and 16 other restaurant concepts, announces a new development deal set to bring 20 additional franchised Johnny Rockets locations to Mexico in the next 10 years. The brand currently operates approximately 25 restaurants throughout the country today. The new locations will open in partnership with franchisee Virko Restaurantes S.A. de C.V. and will feature the classic fare that put the brand on the map over 35 years ago, including juicy, made-to-order burgers and hand-spun shakes.

Johnny Rockets Announces 20 New Locations in Mexico

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New 501(c)(3) Organization Formed to Further Unite Communities in Which Restaurant Franchising Company Operates

FAT Brands Announces Launch of New Charitable Arm, FAT Brands Foundation

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LOS ANGELES, March 16, 2023 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Great American Cookies, Marble Slab Creamery and 15 other restaurant concepts, announces a new development deal to open 10 new co-branded Great American Cookies and Marble Slab Creamery locations in Puerto Rico, in partnership with franchisee Conceptos Restaurants LLC. The Great American Cookies and Marble Slab Creamery locations are set to open over the next five years with the first two locations slated to open by 2024.

Great American Cookies and Marble Slab Creamery Announce Multi-Unit Development Deal in Puerto Rico

LOS ANGELES, March 09, 2023 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. announces the opening of Fatburger and Buffalo's Express in Orland Park, IL with franchisee A.D.T.J. Development LLC. A.D.T.J. Development LLC, a company created in partnership with professional basketball players, Anthony Davis Jr., Derrick Rose and Tim Hardaway Jr., and Chicago businesswomen, Toi Salter and Jackie Jackson, will also be bringing additional franchised locations of Fatburger and Buffalo's Express to Illinois in the coming years.

Basketball Stars Anthony Davis Jr., Derrick Rose and Tim Hardaway Jr. Bring Fatburger Back to Illinois

On Monday, March 6th, FAT Brands announced that its CEO, Andy Wiederhorn, will leave his position and move to a strategic advisor role in May of this year.

FAT Brands CEO To Step Down

Veteran Restaurant Executive Will Assume N ew P osition as Outside Consultant and Strategic Advisor

News for FAT Brands Stock (FAT)