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FAT Brands Inc. reports developments across a global franchised restaurant portfolio spanning fast casual, quick-service, casual dining and polished casual concepts. Its brands include Round Table Pizza, Fatburger, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones and other restaurant chains, with franchised and company-owned units worldwide.
Recurring news covers menu promotions and limited-time products, restaurant openings, domestic and international franchise development, brand marketing, charitable activity through the FAT Brands Foundation, investor-event participation and capital-structure updates. The company commenced voluntary Chapter 11 cases in January 2026 while its restaurant concepts continued operating.
FAT Brands Inc. has announced a new development deal to expand its Johnny Rockets franchise into Israel, with plans for 10 new locations over the next 10 years. This partnership with F and J Master License LTD. aims to meet the growing demand for American cuisine in the region. The new restaurants will offer a selection of classic American menu items, including burgers and shakes. With over 325 locations globally, Johnny Rockets continues to build its international presence, particularly in the Middle East, where FAT Brands has seen strong performance.
FAT Brands reported a 1,042% revenue increase to $74.2 million for Q4 2021, supported by significant acquisitions and growth in same-store sales. The company successfully integrated three acquisitions, expecting an incremental $45-$50 million in EBITDA for 2022. Q4 2021 adjusted EBITDA rose to $10.4 million, up from $1.7 million YoY. However, the company's net loss widened to $19.6 million, impacting EPS at $1.38. Looking ahead, FAT Brands anticipates 120 new locations and over $2.3 billion in system-wide sales for 2022, forecasting a normalized EBITDA run rate of $90-$95 million.
FAT Brands Inc. has announced plans to expand its footprint in Alaska with three new locations of Fatburger and Buffalo's Express, set to open over the next three and a half years. This deal, in collaboration with franchisee Robert Monteith, boosts the total outlets in Alaska to four, following Monteith's successful 2020 introduction of the brands in Fairbanks. The demand for these offerings has been strong, prompting the expansion. FAT Brands currently owns 17 restaurant concepts globally and continues to focus on strategic franchise partnerships.
FAT Brands Inc. (NASDAQ: FAT) will host a conference call on March 21, 2022, at 5:00 PM ET, to discuss its fourth quarter and full year 2021 financial results. A press release will precede the call with detailed financial information. Participants can join via phone or through a live webcast on the company's website. The call will feature Andy Wiederhorn, CEO, and Ken Kuick, CFO. FAT Brands operates 17 restaurant brands and franchises over 2,300 units worldwide.
FAT Brands has announced a new development deal to launch six additional locations of Fatburger and Buffalo’s Express in Arkansas over the next four years, increasing their presence to seven locations. The first outlet opened in December 2021 in Greenbrier, which has seen strong week-over-week sales. This expansion reflects the company’s commitment to growth in the state, following positive local reception of their made-to-order burgers and wings.
FAT Brands announces the opening of its first co-branded Fatburger and Buffalo’s Express in Winchester, Kentucky, marking its expansion into the state. The restaurant offers made-to-order burgers and wings, responding to growing demand in the region. This location follows a successful opening in Arkansas and is part of the company’s strategy to enhance its presence in the South. The restaurant will operate daily with extended hours on weekends, contributing to the brand's overall growth in the fast-casual dining sector.
FAT Brands has announced new limited-time cereal-inspired milkshakes at Johnny Rockets, available until May 30, 2022. The shakes, featuring Cinnamon Toast Crunch and Trix, aim to evoke nostalgia among customers. On National Cereal Day (March 7), registered fans can receive $5 off any online order of two shakes. This promotion reinforces the brand's commitment to innovative menu items while enhancing the guest experience. With over 325 locations globally, Johnny Rockets continues to blend classic offerings with modern twists.
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FAT Brands has reported a strong finish to 2021, achieving 20 consecutive months of positive same-store sales growth. In December 2021, systemwide sales increased 21.7% year-over-year, with drive-thru sales contributing 49% to total revenue. The company reached a milestone of 1 million app users and plans to open 20 new locations in 2022, with an ambitious target of 40 new franchisees. Despite past challenges, Fazoli’s is poised for continued growth through value-driven offerings and culinary innovations.
FAT Brands has partnered with Sparkfly to enhance Round Table Pizza's customer engagement through a digital modernization initiative. This collaboration aims to integrate POS systems, mobile app ordering, and personalized rewards for over 450 locations across several states, including California and Nevada. Sparkfly's platform will streamline customer interactions and data management, enabling real-time rewards and reducing cart abandonment. The initiative seeks to strengthen brand loyalty and drive revenue growth, highlighting the importance of modern digital solutions in the fast-food sector.