Welcome to our dedicated page for FAT Brands news (Ticker: FAT), a resource for investors and traders seeking the latest updates and insights on FAT Brands stock.
FAT Brands Inc. (symbol: FAT) is a prominent global player in the restaurant franchising industry. The company specializes in developing, marketing, and acquiring diverse restaurant concepts on an international scale. With a portfolio that includes Fatburger, Buffalo’s Cafe, Buffalo's Express, and Ponderosa & Bonanza Steakhouse among others, FAT Brands operates over 300 locations worldwide.
The company's business model primarily revolves around franchising. FAT Brands generates revenue by charging franchisees initial franchise fees and ongoing royalties. Although the company generally does not own or operate the restaurant locations, it does directly own and operate some units for specific brands.
FAT Brands is dedicated to providing comprehensive support to its franchisees, thereby ensuring their success. Their in-house support teams – spanning operations, construction, purchasing, architecture & design, kitchen design, training, logistics, and marketing – bring a wealth of experience and dedication to the table. This allows franchisees to operate their businesses with a high degree of independence while still benefiting from the company's extensive resources.
The company’s strategically aligned restaurant concepts offer franchisees opportunities for sustained growth and diversification. This approach enables franchisees to develop within multiple brands and industry segments, thereby enriching their portfolio.
Some of the well-known brands under the FAT Brands umbrella include Round Table Pizza, Johnny Rockets, Twin Peaks, and Elevation Burger. The majority of FAT Brands' revenue is generated from the United States, with the rest coming from other countries.
Recent Achievements and News:
- FAT Brands Inc. has recently released its consolidated statements of operations, EBITDA, and adjusted EBITDA reconciliation.
- Notable partnerships and media engagements include representation by Erin Mandzik in media relations and investor relations.
- Ongoing projects include expansion into new geographical territories and enhancement of existing restaurant concepts.
FAT Brands Inc. continues to thrive by leveraging its multi-brand strategy and commitment to franchisee success, maintaining its position as a leading force in the global franchising market.
FAT Brands (NASDAQ: FAT), a global franchising company managing 18 restaurant brands including Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, and Fazoli's, has announced its participation in the upcoming 27th Annual ICR Conference. Chairman Andy Wiederhorn and Co-CEO/CFO Ken Kuick will conduct a fireside chat on January 14th, 2025 at 1:00 PM ET. The presentation will be available via webcast with 90-day replay access through the company's investor relations website. Institutional investors can arrange one-on-one meetings through ICR representatives.
FAT Brands Inc. (NASDAQ: FAT) announced the opening of five new co-branded Great American Cookies and Marble Slab Creamery locations in Texas. The new stores will be located in Missouri City, New Caney, Lewisville, Sugarland, and North Richland Hills, expanding their presence in the Dallas and Houston areas.
The co-branded model has grown to over 160 locations since 2014 and demonstrates strong performance with a 10-20 percent increase in incremental sales compared to single-brand locations. Great American Cookies, known for its Original Cookie Cake and chocolate chip cookies, and Marble Slab Creamery, recognized for its frozen slab technique and customizable ice cream offerings, operate as integrated experiences under the FAT Brands portfolio of 18 restaurant concepts.
FAT Brands Inc. (NASDAQ: FAT) announces eleven new international Johnny Rockets openings in 2024, expanding its presence across Chile, Indonesia, Mexico, Brazil, and the UAE. International locations now represent approximately 55% of Johnny Rockets' worldwide presence. Five of these openings are in non-traditional spaces including airports and theme parks, demonstrating the brand's strategic focus on such venues.
Notable expansions include strengthening presence in key growth markets, with Brazil now hosting over 40 locations and Mexico approaching 25 locations. The brand currently operates over 325 locations across more than 25 countries globally, offering its signature menu of Certified Angus Beef burgers, chicken sandwiches, and hand-spun shakes.
FAT Brands Inc. (NASDAQ: FAT) announces the opening of its fifth Round Table Pizza location in Reno, Nevada, at 115 E. Moana Lane. The new restaurant offers hand-crafted premium pizzas, including signature items like King Arthur's Supreme and Italian Garlic Supreme, along with fresh-rolled Garlic Parmesan Twists. Operating hours are 10:00 a.m. to 11:00 p.m. Sunday through Thursday, and 10:00 a.m. to 12:00 a.m. Friday and Saturday. Round Table Pizza, known for its homemade dough and premium ingredients, maintains over 410 restaurants across the United States.
FAT Brands Foundation announces its End of Year Giving Campaign, running from Dec. 3, 2024, to Jan. 5, 2025. FAT Brands will match donations dollar-for-dollar up to $50,000, with 100% of contributions supporting non-profit organizations in communities where FAT Brands operates. The foundation, which has supported over 100 non-profits across the U.S., focuses on three key areas: youth enrichment, food insecurity, and assistance for the unhoused. The initiative aims to expand the foundation's impact in 2025 across communities where FAT Brands' 18 restaurant brands and 2,300+ units operate worldwide.
Great American Cookies announces a special Buy One, Get One Free Cookie Cake Slice promotion for National Cookie Day on December 4, 2024, at participating locations. The company, creator of the Original Cookie Cake since 1977, is known for its classic recipe used in celebrations ranging from birthdays to graduations.
The promotion showcases their signature Cookie Cakes, which have become a beloved treat for various occasions. Great American Cookies operates more than 400 bakeries across the United States and internationally in Bahrain, Guam, and Saudi Arabia. The brand is part of FAT Brands (NASDAQ: FAT), a global franchising company that owns 18 restaurant brands and operates over 2,300 units worldwide.
Johnny Rockets is celebrating National Johnny Day on December 5, 2024, offering free hand-spun shakes to all Johnnys (including variations like Jonathan, Jon, and Juan) with any in-store purchase. Non-Johnnys can enjoy a buy-one-get-one-free shake promotion. Customers named Johnny must show valid ID at participating locations, while others simply need to mention the promotion in-store.
The iconic burger brand, owned by FAT Brands, operates over 325 locations across 25 countries. The first Johnny Rockets opened on Melrose Avenue in Los Angeles in 1986, serving Certified Angus Beef burgers, veggie burgers, chicken sandwiches, fries, and their signature hand-spun shakes.
FAT Brands Inc. (NASDAQ: FAT), a global franchising company with 18 restaurant brands, has announced its participation in the Noble Capital Markets' 20th Annual Emerging Growth Equity Conference. Chairman Andy Wiederhorn will present at NobleCon20 on December 3rd at 11:30 AM EST at Florida Atlantic University in Boca Raton, FL.
A high-definition video webcast of the presentation will be available the following day on the company's Investor Relations website, Noble Capital Markets' Conference website, and Channelchek.com. The webcast will remain archived for 90 days across these platforms.
FAT Brands Inc. (NASDAQ: FAT) announces the opening of a new Fatburger and Buffalo's Express location in Chicago's Chatham community, marking their second location in the Chicago area. The new restaurant, operated by franchisee Jackie Jackson, follows the successful opening in Orland Park last year. The location at 825 E 87th St. will be open extended hours and will host a grand opening celebration on December 14, offering free fries with any purchase. The restaurant features Fatburger's signature made-to-order burgers with customizable toppings and Buffalo's Express' bone-in and boneless chicken wings with various sauce options.
Pretzelmaker, owned by FAT Brands (NASDAQ: FAT), has opened a new location in Clear Lake, Iowa. The store is operated by franchisee Mark Frandle, who now manages 11 locations. Founded in 1991, Pretzelmaker specializes in fresh-baked, hand-rolled Pretzel Bites with various dipping sauces and all-natural lemonade. The new location at 18 N 3rd Street operates daily, with extended hours Monday through Saturday. Pretzelmaker has grown to become the second-largest soft pretzel concept in the U.S. with over 280 locations worldwide.
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