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.
Buffalo's Cafe, owned by FAT Brands (NASDAQ: FAT), has launched an extensive expansion of its bar menu on January 21, 2025. The new beverage lineup includes eight new cocktails and five new margaritas, featuring both classic and innovative drinks.
Key additions include the Georgia Peach Tea made with Evan Williams Bourbon, Peach Sangria with Myers's Platinum White Rum, and a classic Old Fashioned with Elijah Craig Small Batch Bourbon. The margarita selection features new options like the Strawberry Margarita and Millionaire Margarita made with Maestro Dobel Diamante Tequila.
The menu development was a collaboration between Buffalo's culinary team and Straight Up Collective, focusing on creating drinks that would enhance the restaurant's sports-watching and social gathering atmosphere.
FAT Brands Inc. (NASDAQ: FAT) has announced a special stock dividend distribution of Twin Hospitality Group Inc. shares to its stockholders. The distribution will represent approximately 5% of Twin Hospitality's fully diluted Class A Common Stock, with FAT Brands retaining the remaining shares.
Stockholders will receive 0.1520207 share of Twin Common Stock for each share of FAT Brands Class A and Class B Common Stock held as of January 27, 2025 (record date). The distribution is scheduled for January 29, 2025, with Twin Hospitality beginning trading on Nasdaq under the symbol 'TWNP' the following day.
The distribution involves Twin Hospitality Group, which operates Twin Peaks and Smokey Bones restaurant brands. Fractional shares will be sold in the open market with proceeds distributed to eligible stockholders. Warrant holders must exercise their warrants before the record date to receive the distribution.
Native Grill & Wings, owned by FAT Brands (NASDAQ: FAT), has launched a new beverage menu featuring seven cocktails and five margaritas. The new menu emphasizes Southwestern flavors with drinks like El Jefe (tequila-based espresso cocktail), Michelada (featuring Native's signature sauces), Desert Margarita, and Spicy Guava Rita.
The menu development was a collaboration between Native's culinary team and Straight Up Collective, focusing on spice, citrus, and coffee flavors to appeal to their core consumer base. Other additions include Tito's Handmade Vodka Strawberry Lemonade, Peach Sangria, and Red Bull A'Rita.
FAT Brands Inc. (NASDAQ: FAT) has announced the opening of a new tri-branded restaurant in Roanoke, Texas, combining Great American Cookies, Marble Slab Creamery, and Pretzelmaker under one roof. Located at Roanoke Crossing, the establishment offers a comprehensive menu featuring Cookie Cakes, fresh-made Ice Cream with unlimited Mix-Ins, and fresh-baked Pretzel Bites.
The company aims to expand this tri-branded model strategically, building upon the success of their existing co-branded locations. This initiative responds to increasing snacking occasions in the industry by providing a wider variety of sweet and savory treats in a single location. FAT Brands currently owns 18 restaurant brands and operates over 2,300 units worldwide.
Round Table Pizza, owned by FAT Brands Inc. (NASDAQ: FAT), announced a community support initiative offering free Personal Cheese Pizzas to first responders at over 50 Los Angeles area locations through January 16, 2025. The initiative aims to support those fighting the Los Angeles wildfires.
Round Table Pizza, part of FAT Brands' portfolio of 18 restaurant brands, operates more than 410 restaurants globally. FAT Brands manages over 2,300 units worldwide across its various dining concepts, including notable brands such as Fatburger, Johnny Rockets, and Twin Peaks.
FAT Brands Inc. (NASDAQ: FAT) has announced a charitable initiative to provide 10,000 meals to first responders and fire evacuees affected by the Los Angeles wildfires. The company will deploy its 'Fatmobile' food truck to serve meals at first responder sites and shelters over the next several days.
FAT Brands, which owns 18 restaurant brands including Fatburger, Round Table Pizza, and Johnny Rockets, operates over 2,300 units worldwide. The initiative demonstrates the company's commitment to supporting the Los Angeles community during the ongoing wildfire crisis.
Hurricane Grill & Wings, a FAT Brands wing chain, has launched an expanded bar menu featuring new tropical-inspired beverages. The refreshed menu includes nearly 15 classic and signature cocktails and margaritas, 10+ beers, and various wines. Key additions include the Island Margarita, Voodoo Juice, Hurricane Mojito, Legendary Hurricane, and Millionaire Margarita.
The menu development was a collaboration between Hurricane's culinary team and Straight Up Collective, focusing on creating flavor profiles that complement their signature dishes. The chain, which operates almost 50 restaurants across the United States, aims to enhance its tropical atmosphere and dining experience through these new beverage offerings.
Round Table Pizza, a FAT Brands franchise, has launched its new -time Pepperoni, Grilled Chicken & Bacon Pizza, available from January 7 through March 30, 2025. The new offering, priced starting at $19.99 for a Large at participating locations, features a three-cheese blend, garlic white sauce, pepperoni, red onion, roma tomatoes, grilled chicken, bacon, and green onions.
This launch aligns with Round Table's strategy to focus on classic flavors and continues their shareable menu initiative from late 2024. The pizza chain, known for its quality ingredients and authenticity, operates more than 410 restaurants globally. Round Table Pizza is part of FAT Brands (NASDAQ: FAT), which owns 18 restaurant brands and manages over 2,300 units worldwide.
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.