STOCK TITAN

FAT BRANDS FATBURGER TO EXPAND THROUGHOUT FRESNO, CALIFORNIA

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

FAT Brands Inc. (NASDAQ: FAT) has announced plans to develop three new Fatburger and Buffalo’s Express locations in Fresno, California, over the next three years. This expansion comes as a franchisee, who currently operates one location in the region, expresses confidence in the brand’s appeal despite ongoing challenges in the restaurant industry. The existing Fresno location operates daily from 10:30 am to 9:00 pm, catering to a growing customer base.

Positive
  • Expansion into Fresno indicates franchisee confidence amidst industry challenges.
  • Commitment to develop three more locations could enhance market presence.
Negative
  • None.

Three more Fatburger and Buffalo’s Express Locations to be Developed Over the Next Three Years

Los Angeles, May 11, 2020 (GLOBE NEWSWIRE) -- NASDAQ: FAT. FAT (Fresh. Authentic. Tasty.) Brands Inc. (“FAT Brands” or the “Company”), parent company of Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Ponderosa & Bonanza Steakhouses, Elevation Burger, and Yalla Mediterranean, today announced the planned development of three more Fatburger and Buffalo’s Express locations throughout Fresno, California.

“During a time of uncertainty in the restaurant space, we’re excited to see our franchisee’s continued interest in bringing our brands to the people of Fresno,” said Andy Wiederhorn, CEO of FAT Brands Inc. “Our franchisee currently operates one Fatburger and Buffalo’s Express restaurant in Fresno and has committed to developing an additional three restaurants over the next three years.”

The existing Fatburger and Buffalo’s Express restaurant is located at 570 S Clovis Ave Suite 101A, Fresno, CA 93727 and is open from 10:30 am to 9:00 pm daily. For more information or to find a Fatburger near you, please visit www.fatburger.com.

For more information or to find a Buffalo’s Express near you, please visit www.buffalos.com.

About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns eight restaurant brands: Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises over 375 units worldwide. For more information, please visit www.fatbrands.com.

About Fatburger

An all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer’s liking. With a legacy spanning 70 years, Fatburger’s extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand.

About Buffalo’s Express

Founded in 1985 in Roswell, Georgia, Buffalo’s Express is a fast-casual chain known for its world-famous chicken wings and proprietary wing sauces. Co-branded with 72 Fatburger restaurants to date, Buffalo’s Express’ significant growth can be attributed to its high-quality menu offerings and unparalleled dining experience. Featuring a contemporary design and ambience, whether guests are dining-in or having take-out/delivery, Buffalo’s Express offers friends and families the flexibility to enjoy their world-famous chicken wings however they prefer. Buffalo’s Express – Where Everyone is Family.

Safe Harbor Statement

This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.

MEDIA CONTACT:
Gabriella Daidone, JConnelly
gdaidone@jconnelly.com
973-647-4177

FAQ

What recent developments did FAT Brands announce regarding its restaurant locations?

FAT Brands announced plans to develop three new Fatburger and Buffalo’s Express locations in Fresno, California, over the next three years.

How many existing Fatburger and Buffalo’s Express restaurants are in Fresno?

There is currently one Fatburger and Buffalo’s Express restaurant operating in Fresno.

What is the operating schedule for the existing Fatburger and Buffalo's Express in Fresno?

The existing location operates daily from 10:30 am to 9:00 pm.

What is the stock symbol for FAT Brands?

The stock symbol for FAT Brands is FAT.

What does FAT Brands specialize in?

FAT Brands specializes in acquiring and developing fast casual and casual dining restaurant concepts.

FAT Brands Inc.

NASDAQ:FAT

FAT Rankings

FAT Latest News

FAT Stock Data

92.46M
5.23M
70.84%
8.13%
0.33%
Restaurants
Retail-eating Places
Link
United States of America
BEVERLY HILLS