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FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock - FATBP STOCK NEWS

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FAT Brands Inc. is a leading, global, multi-brand restaurant franchising company that strategically develops, markets, and acquires restaurant concepts worldwide. The company operates Fatburger, Buffalo’s Cafe, Buffalo's Express, and the Ponderosa & Bonanza Steakhouse concepts with over 300 locations worldwide. Their in-house support teams across various departments are dedicated to helping franchisees achieve entrepreneurial success. Through strategically aligned, complimentary restaurant concepts, franchisees have the opportunity for continued growth and brand diversification.

FAT Brands Inc. is a multi-brand restaurant franchising company that develops, markets, acquires, and manages various restaurant concepts globally. The company operates as a franchisor and generates revenue by charging franchisees fees and royalties. Brands include Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, and Elevation Burger. Most revenue is generated from the United States.

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FAT Brands' franchise, Great American Cookies, introduces a new Lemon Cookie for a time from June 17 to August 11, 2024. This cookie is crafted with tangy lemon dough, cream cheese chips, and a sprinkle of sugar. It complements the year-round Blueberry Muffin Cookie and Strawberry Crinkle Cookie, forming a perfect summer lineup. The brand, known for its Original Cookie Cake and classic treats, continues to innovate with fresh flavors. Great American Cookies operates 400 bakeries in countries like the US, Bahrain, Guam, and Saudi Arabia. The promotion aims to enhance the brand's appeal during the summer season.

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Marble Slab Creamery, part of FAT Brands, has introduced a new ice cream flavor called Summer Swirl, available from June 13 to August 11 across participating locations. This summer treat combines Blue Cotton Candy, Very Yellow Marshmallow, and Strawberry to create a colorful and flavorful experience. The announcement emphasizes Marble Slab Creamery's commitment to innovation and imagination in ice cream creation, highlighting its 40-year history in the industry. FAT Brands owns 18 restaurant brands and operates over 2,300 units worldwide, including Marble Slab Creamery, which offers homemade, small-batch ice cream and various mix-ins.

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FAT Brands announces the opening of a new Round Table Pizza at Stanford University's Tresidder Memorial Union. This location offers students and faculty homemade pizzas with high-quality ingredients and hand-rolled crusts. The expansion is meaningful for the brand, which started nearby in Menlo Park over 60 years ago. Round Table Pizza emphasizes using top-notch ingredients and maintaining its reputation as 'Pizza Royalty.' The new location operates Monday to Friday from 10:30 a.m. to 8 p.m., and weekends from 11 a.m. to 7 p.m.

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Native Grill & Wings, under FAT Brands, celebrates its 45th anniversary with a edition Cactus Blossom 45th Anniversary Cocktail, available from June 3 to August 11 at participating locations. The cocktail, composed of Western Son Prickly Pear Vodka, simple syrup, grenadine, ginger beer, and lime juice, reflects the brand's Arizona roots. New summer drinks include the Water-Rita, The Vacay, Spiked Bourbon Tea, Spiked Blueberry Lemonade, Spiked Prickly Pear Lemonade, and two non-alcoholic mocktails. The food menu introduces Lemon Pepper Wings, Bavarian Pretzel & Beer Cheese, and Jalapeño Poppers. Gregg Nettleton, President and COO, expressed gratitude towards their loyal customers. For more details, visit nativegrillandwings.com.

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FAT Brands announces the opening of its seventh Round Table Pizza location in Texas, marking the second in San Antonio, through a partnership with Brame Brands. Situated at 22815 North US Highway 281, this outlet offers premium pizza and fresh Garlic Parmesan Twists. President David Pear highlighted the strategic expansion, revealing plans for 40 new locations in Texas. Founded in 1959, Round Table Pizza emphasizes high-quality ingredients and hand-crafted processes. The grand opening event on June 13 will feature a special giveaway: free pizza for a year for the first 30 guests. The restaurant operates from 10:00 a.m. to 10:00 p.m. Sunday through Thursday, and 10:00 a.m. to 11:00 p.m. on Fridays and Saturdays.

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Fazoli’s, a popular Italian quick-service chain owned by FAT Brands, has opened its second location in the Tampa area, located at 24791 FL-54 in Lutz, Florida.

This marks the sixth Fazoli’s restaurant in Florida, highlighting the chain's ongoing expansion in the state. The new location offers a variety of Italian dishes, including pasta, subs, salads, and pizzas, along with their famous unlimited breadsticks.

Fazoli’s aims to deliver fast, fresh, and affordable Italian food while maintaining high-quality standards. The restaurant is open from 10:30 am to 10:00 pm Sunday through Thursday, and until 11:00 pm on Fridays and Saturdays.

FAT Brands, the parent company, owns 18 restaurant brands and over 2,300 units worldwide. Fazoli’s operates nearly 220 locations across 26 states, making it the largest QSR Italian chain in the U.S.

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Johnny Rockets, owned by FAT Brands, is celebrating National Hamburger Day from May 28 to June 30 with a special collaboration with PEPSI. Fans can enter to win a -edition Johnny Rockets x PEPSI burger-themed pool float via their website. Additionally, participants can get a $5 discount on a PEPSI float with any burger purchase. The celebration highlights the classic PEPSI float, made with real vanilla ice cream, which has been a secret menu item. The event aims to bring fun and excitement to the summer season.

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FAT Brands President, Jessica Wiederhorn, was honored as Non-Profit Executive of the Year (Emerging) by the Los Angeles Business Journal at the Non-Profit and Corporate Citizenship Awards. The FAT Brands Foundation, founded in 2022 and led by Wiederhorn, was also nominated for Non-Profit of the Year. In its first year, the foundation granted over $250,000 to 43 non-profits in FAT Brands’ communities. For 2024, Wiederhorn successfully increased fundraising by approximately 37%, enhancing the foundation's capacity to support local causes. FAT Brands, a global franchising company, owns 18 restaurant brands and over 2,300 units worldwide.

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On May 22, 2024, Smokey Bones, part of FAT Brands, announced a special offer for National Hamburger Day on May 28. Guests can enjoy a signature Cheeseburger meal for just $6.49 with the purchase of a beverage. This rollback pricing celebrates the brand's 25th anniversary, providing great value in today’s dining environment. The meal includes a thick, juicy all-beef burger with customizable toppings and a choice of sides. The offer is available for dine-in only at all Smokey Bones locations while supplies last. Smokey Bones aims to enhance customer satisfaction by offering premium meals at competitive prices.

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FAT Brands (NASDAQ: FAT) has confidentially submitted a registration statement to the SEC to make its Twin Peaks and Smokey Bones units standalone public companies. This move is still subject to various conditions, including SEC approval and the FAT Brands board's final approval. FAT Brands is a global franchising company owning 18 restaurant brands and over 2,300 units worldwide. Twin Peaks, a sports lodge restaurant with nearly 115 locations, offers made-from-scratch food and a sports-centric dining experience.

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FAQ

What is the current stock price of FAT Brands 8.25% Series B Cumulative Preferred Stock (FATBP)?

The current stock price of FAT Brands 8.25% Series B Cumulative Preferred Stock (FATBP) is $9.45 as of November 1, 2024.

How many brands does FAT Brands Inc. operate?

FAT Brands Inc. operates multiple brands including Fatburger, Buffalo’s Cafe, Buffalo's Express, and Ponderosa & Bonanza Steakhouse.

What is FAT Brands Inc.'s business model?

FAT Brands Inc. operates as a franchisor and generates revenue through franchise fees and royalties.

Where does FAT Brands Inc. generate the majority of its revenue?

The majority of FAT Brands Inc.'s revenue is generated from the United States.

What support does FAT Brands Inc. provide to its franchisees?

FAT Brands Inc. provides dedicated support across various departments including operations, construction, marketing, and training to help franchisees achieve success.

Which are some of the brands owned by FAT Brands Inc.?

FAT Brands Inc. owns brands such as Round Table Pizza, Johnny Rockets, Twin Peaks, and Elevation Burger.

How does FAT Brands Inc. help franchisees diversify their portfolio?

FAT Brands Inc. offers strategically aligned and complimentary restaurant concepts, providing franchisees with opportunities for growth and brand diversification.

What is the global reach of FAT Brands Inc.?

FAT Brands Inc. operates restaurant concepts worldwide with over 300 locations globally.

How can franchisees contact FAT Brands Inc. for support?

Franchisees can contact FAT Brands Inc. through their dedicated support teams across various departments.

What is the main focus of FAT Brands Inc.?

FAT Brands Inc. focuses on developing, marketing, and acquiring restaurant concepts globally.

Who should consider franchising with FAT Brands Inc.?

Entrepreneurs looking to venture into the restaurant industry and seeking support and growth opportunities should consider franchising with FAT Brands Inc.

FAT Brands Inc. 8.25% Series B Cumulative Preferred Stock

Nasdaq:FATBP

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