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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 Inc. has declared a cash dividend of $0.14 per share for its fiscal 2023 third quarter. The dividend is payable on September 1, 2023, to shareholders of record as of August 15, 2023.
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FAT Brands Inc. plans to pursue an initial public offering of its Twin Peaks restaurant business in order to unlock value and support the growth of the brand. Twin Peaks has seen significant expansion since its acquisition by FAT Brands, with an almost 40 percent increase in unit count and plans to open 18 to 20 new lodges in 2023. The brand aims to double its unit count to over 200 lodges and increase the mix of franchised locations. The planned unit growth is expected to increase systemwide sales to approximately $1.0 billion.
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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 $9.455 as of November 5, 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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7.83M
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10.62%
Restaurants
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United States of America
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