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 Inc. (NASDAQ: FAT), a global restaurant franchising company, has announced new -time menu items for its wing concepts: Hurricane Grill & Wings, Native Grill & Wings, and Buffalo's Cafe. Available through Dec. 15, these offerings aim to enhance the gameday experience for football season. The new items include:
- Shareables like Carne Asada Loaded Fries and Boom Boom Sliders
- Specialty wings such as Honey Hot Wings and Firecracker Wings
- New cocktails including Spicy Guava Rita and El Jefe
- Beer bucket specials for football games
FAT Brands' VP of Marketing, Ashley Montgomery, emphasized the focus on shareables and unique beverages to cater to sports-watching audiences. The company owns 18 restaurant brands with over 2,300 units worldwide.
Fazoli's, a fast-casual Italian chain owned by FAT Brands (NASDAQ: FAT), has expanded its presence in Georgia with a new location in Newnan. This marks the brand's eighth restaurant in the state, strengthening its foothold in the Atlanta area. The new Fazoli's is located at 207 Bullsboro Dr. and will operate Sunday through Thursday from 10:30 a.m. to 9:30 p.m., and Friday and Saturday from 10:30 a.m. to 10:30 p.m.
Fazoli's, founded in 1988, is known for its affordable Italian cuisine and signature unlimited breadsticks. The brand has built a loyal following in Georgia, offering pasta dishes and other Italian favorites. As part of FAT Brands' portfolio, which includes 18 restaurant brands and over 2,300 units worldwide, Fazoli's contributes to the company's strategic growth in the fast-casual dining sector.
FAT Brands Inc. (NASDAQ: FAT) has announced two key hires to bolster its development team, focusing on non-traditional and international growth. Ammy Harrison joins as Senior Vice President of Non-Traditional Development, bringing nearly 25 years of experience from high-growth restaurant brands. Maiyo Hood takes the role of Vice President of International Development, leveraging his background in managing over 4,000 locations across China for Subway.
These strategic appointments align with FAT Brands' commitment to expanding its global footprint, which currently exceeds 2,300 units across 18 restaurant brands. The company aims to capitalize on Harrison's expertise in non-traditional growth and Hood's international development knowledge to drive organic expansion in these key areas.
Fazoli's, owned by FAT Brands Inc. (NASDAQ: FAT), is offering a back-to-school promotion featuring $4 fan-favorite pasta dishes through Sept. 9 at participating locations. The deal includes Regular Spaghetti with Marinara or Meat Sauce and Fettuccine Alfredo, served with free freshly baked breadsticks. Available for dine-in, drive-thru, and online orders using the code BACK4SCHOOL.
This promotion follows the success of Fazoli's Fourth of July offer, emphasizing the brand's commitment to value and quality. FAT Brands, a global franchising company, owns 18 restaurant brands and over 2,300 units worldwide. Fazoli's, founded in 1988, is the largest QSR Italian chain in America with over 200 restaurants in 26 states.
Marble Slab Creamery, a FAT Brands franchise, has introduced a new Pumpkin Spice Latte ice cream for the fall season. Available from August 12 to October 31, 2024, this flavor combines real pumpkin, coffee, and cinnamon. Customers can customize their treat with unlimited mix-ins, including pie-inspired toppings and classic combinations.
Katie Thoms, Senior Director of Marketing, emphasized the brand's focus on trending flavors and the versatility of their new offering. Marble Slab Creamery, known for its frozen slab technique and homemade, small-batch ice cream, has been innovating in the ice cream industry for over 40 years. The company is part of FAT Brands, which owns 18 restaurant brands and operates over 2,300 units worldwide.
Great American Cookies, owned by FAT Brands (NASDAQ: FAT), is introducing two seasonal cookies: the new Caramel Churro and the returning Pumpkin Spice. Available from August 12 to October 31, 2024, these -time offerings aim to satisfy early fall cravings. The Caramel Churro cookie features caramel chips and cinnamon sugar crunch, while the Pumpkin Spice cookie combines pumpkin, brown sugar, cinnamon, vanilla, and white chocolate. Katie Thoms, Senior Director of Marketing, notes the growing popularity of fall flavors and churro profiles. Great American Cookies operates over 400 bakeries globally and is part of FAT Brands' portfolio of 18 restaurant brands with over 2,300 units worldwide.
FAT Brands Inc. (NASDAQ: FAT), a global restaurant franchising company, has partnered with DonationScout to enhance its Dine and Donate Fundraising Programs across its portfolio brands. This collaboration aims to streamline restaurant fundraising for operators and guests, reinforcing FAT Brands' commitment to community involvement.
The DonationScout platform offers features such as customizable web pages for events, online scheduling, marketing flyers, automated email and SMS enablement, and a performance dashboard. Pilot programs at Fatburger and Round Table Pizza have already shown promising results, exceeding DonationScout's average event sales.
This initiative aligns with FAT Brands' recent launch of its charitable arm, the FAT Brands Foundation, further emphasizing the company's dedication to creating a positive impact in the communities it serves.
Native Grill & Wings, part of FAT Brands (NASDAQ: FAT), is launching a wing-eating competition called Holmberg's "Handle the Heat" in collaboration with Arizona DJ and Radio Host Holmberg. The contest runs from Aug. 8 to Aug. 28 across Phoenix area locations, with a Championship round on Sept. 4.
To support the Arizona Humane Society, Native is introducing the Holmberg Special from Aug. 8 to Sept. 8, featuring 10 wings and a Stella Artois for $19.79, with $1 from each sale donated to the charity. This initiative aligns with Native's community-focused approach and FAT Brands' strategic expansion of fast casual and casual dining concepts globally.
Johnny Rockets, owned by FAT Brands Inc. (NASDAQ: FAT), is launching a new Dirt Cup Shake featuring TROLLI® SOUR BRITE CRAWLERS®. This -time offering, available from Aug. 6 to Dec. 31, 2024, combines a hand-spun Chocolate Shake with OREO® Cookie crumbles and tangy TROLLI® gummies. The shake aims to capitalize on the trend of nostalgic flavors in the fast-casual dining sector.
FAT Brands, a global franchising company, owns 18 restaurant brands and over 2,300 units worldwide. Johnny Rockets, founded in 1986, is known for its Certified Angus Beef® burgers, hand-spun shakes, and casual fun atmosphere across more than 250 locations in over 25 countries.
Native Grill & Wings, part of FAT Brands (NASDAQ: FAT), is launching a '3 for You' value deal from Aug. 5 through Sept. 30, 2024. Dine-in guests can enjoy chips and salsa, a choice of Native Burger or Native Chicken Sandwich with Fries, and a non-alcoholic beverage for $10.99. For an additional $2, customers can upgrade to a specialty burger or Deluxe Native Chicken Sandwich.
Ashley Montgomery, VP of Marketing, emphasized the deal's value and the quality of their hand-crafted burgers and sandwiches. This promotion aims to offer a full meal experience at an unbeatable price for an extended period, showcasing Native Grill & Wings' menu beyond their award-winning wings.
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