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FAT Brands Inc. - FAT STOCK NEWS

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.

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FAT Brands Inc. (FAT) celebrates the 25th Anniversary of Smokey Bones by rolling back prices on their award-winning ribs. The 'Masters of Meat' will offer a Half Rack of St. Louis-style Ribs for only $9.99 and a Full Rack for only $14.99, including two sides and garlic bread upon request. The promotion runs from Jan. 9 to Jan. 31, 2024, or while supplies last.
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FAT (Fresh. Authentic. Tasty.) Brands Inc. (FAT) announces a new development deal to bring Round Table Pizza to Oklahoma and Arkansas, with a total of 10 franchised restaurants in Oklahoma and six in Arkansas over the next six years. The company's Chief Development Officer, Taylor Wiederhorn, expresses optimism about the brand's growth and expansion into new markets.
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FAT Brands Inc. (NASDAQ: FAT) announced their participation in the 26th Annual ICR Conference. The company's Chairman and Co-Chief Executive Officer will host a fireside chat on January 8th, 2024, at 9:00 AM ET. Institutional investors can schedule a 1x1 meeting with management. The fireside chat will be webcast live and available for replay for 90 days.
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Round Table Pizza (FAT) Donates $100,000 to Maui United Way for Fire Recovery Efforts
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FAT Brands Inc. (FAT) announces the opening of its first Round Table Pizza location in Richmond, Texas, operated by franchisee Paul Tran. The expansion represents a pivotal step in Round Table Pizza’s domestic growth strategy, as the company continues to build upon its presence in Texas. The new restaurant offers a variety of handmade pizzas, salads, Garlic Parmesan Twists, wings, and more, and is located at 8323 Farm to Market Rd 723, Richmond, TX 77406.
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Fazoli’s (FAT) reopens its Mesa, AZ location, bringing back signature pasta, salads, and breadsticks. The fast and fresh Italian chain is now open daily, offering an unmatched dining experience.
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Fatburger (FAT) partners with PEPSI to celebrate the 125th anniversary, offering a 1.25 pound Fatburger, free PEPSI, and a chance to win limited-edition merchandise. The celebratory deal runs from December 5 to December 10, featuring a sweepstakes for exclusive prize packs. Guests can enter the sweepstakes online and increase their chances by engaging with Fatburger's Instagram. No purchase necessary. Open to legal residents of the United States, 18 years or older, except residents of Florida and New York.
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Johnny Rockets (JNY) celebrates National Johnny Day by offering free shakes to anyone with the name Johnny on December 5. Non-Johnnys can also get a free shake with the purchase of another shake at participating locations. This promotion aims to celebrate the brand's all-American burger heritage and attract customers to enjoy their hand-spun shakes.
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FAT Brands Inc. (NASDAQ: FAT) announced that Chairman Andy Wiederhorn will present at NobleCon19, discussing the company's iconic brands and global franchising. A high-definition video webcast of the presentation will be available the following day, and the webcast will be archived for 90 days. For more information, visit www.fatbrands.com.
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FAT Brands Inc. (FAT) announces two new development deals to open 10 co-branded Great American Cookies and Marble Slab Creamery locations across Texas over the next five years. The parent company of 18 restaurant concepts sees strong growth potential for the brands as a co-branded concept, offering a one-stop-shop for sweets. Marble Slab Creamery is known for its innovative frozen slab technique and homemade ice cream, while Great American Cookies is famous for its Original Cookie Cake and chocolate chip cookie recipe.
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FAQ

What is the current stock price of FAT Brands (FAT)?

The current stock price of FAT Brands (FAT) is $5.32 as of November 22, 2024.

What is the market cap of FAT Brands (FAT)?

The market cap of FAT Brands (FAT) is approximately 91.2M.

What does FAT Brands Inc. do?

FAT Brands Inc. is a global restaurant franchising company that develops, markets, and acquires diverse restaurant concepts worldwide.

Which restaurant brands are under FAT Brands?

The company's portfolio includes Fatburger, Buffalo’s Cafe, Buffalo's Express, Ponderosa & Bonanza Steakhouse, Round Table Pizza, Johnny Rockets, Twin Peaks, and Elevation Burger.

How does FAT Brands generate revenue?

FAT Brands generates revenue primarily by charging franchisees initial franchise fees and ongoing royalties. The company also directly owns and operates some restaurant locations for certain brands.

Where does most of FAT Brands' revenue come from?

The majority of FAT Brands' revenue is generated from the United States, with the rest coming from other international locations.

How many locations does FAT Brands operate?

FAT Brands operates over 300 restaurant locations worldwide.

What support does FAT Brands provide to its franchisees?

FAT Brands offers extensive in-house support teams across operations, construction, purchasing, architecture & design, kitchen design, training, logistics, and marketing to help franchisees achieve their goals.

What recent achievements has FAT Brands announced?

Recent achievements include the release of consolidated statements of operations, EBITDA, and adjusted EBITDA reconciliation.

Who handles media relations for FAT Brands?

Erin Mandzik manages media relations for FAT Brands.

What is the strategy behind FAT Brands' restaurant concepts?

FAT Brands aims to provide franchisees with opportunities for growth and diversification by offering strategically aligned, complementary restaurant concepts.

What ongoing projects is FAT Brands involved in?

Ongoing projects include geographic expansion and enhancement of existing restaurant concepts.

FAT Brands Inc.

Nasdaq:FAT

FAT Rankings

FAT Stock Data

91.18M
5.09M
70.58%
8.13%
0.46%
Restaurants
Retail-eating Places
Link
United States of America
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