FAT Brands Inc. Warrant - FATBW STOCK NEWS

FAT Brands Inc. reported a remarkable year of growth, opening 142 new stores in 2022 and adding 362 stores to its development pipeline across 29 states and 17 countries. The company’s concepts led the expansion, with Fatburger and Buffalo’s Express contributing 86 stores, followed by Fazoli’s with 61, and Round Table Pizza with 56. Strategic agreements included 80 stores for Fatburger in Texas and a 32-store deal for Twin Peaks in Mexico. FAT Brands aims to open 175 new locations in 2023, capitalizing on its strong franchisee interest and a robust portfolio of popular restaurant brands.

FAT Brands has announced the opening of its first Great American Cookies location in New Mexico, situated in Albuquerque. The store features a variety of treats, including Custom Cookie Cakes and chocolate chip cookies, appealing to both local residents and fans of the brand. President Jenn Johnston emphasized the excitement surrounding the launch, noting the positive community reception. Great American Cookies has a rich history dating back to 1977, known for its Original Cookie Cake and signature recipes. The Albuquerque location will operate daily, offering a warm community space for cookie lovers.

FAT Brands announces a development agreement with franchisee Jorge Rodriguez Lockwood to open five Fazoli’s locations in Puerto Rico over the next six years, marking its first foray into the market. The first location is set to debut in late 2023, capitalizing on the growing demand for quick-service restaurants in the region. Fazoli’s, known for its premium Italian cuisine, has been recognized for its quality and safety standards, including accolades from FastCasual and the American Business Awards.

FAT Brands Inc. (NASDAQ: FAT) has declared a cash dividend of $0.14 per share on Class A and Class B common stock for the first quarter of fiscal 2023. This dividend is payable on March 1, 2023, to shareholders on record by February 15, 2023. The future declaration of dividends will depend on the company’s financial condition, operational results, and cash needs.

FAT Brands Inc. (NASDAQ: FAT) announced its participation in the 2023 ICR Conference, where CEO Andy Wiederhorn and Executive Chairman Jim Neuhauser will host a fireside chat on January 9, 2023, at 4:00 PM ET. Institutional investors can schedule 1x1 meetings with the management team. The chat will be webcast live and available for replay for 90 days on the FAT Brands Investor Relations website. FAT Brands is a global franchising company with 17 restaurant brands and over 2,300 units worldwide.

FAT Brands Inc, parent company of Fazoli’s, has announced two franchise agreements to open locations in Denton, Texas, and Shreveport, Louisiana by the end of 2023. These openings mark Fazoli's debut in the Dallas-Fort Worth area and Louisiana. The company is aiming for a record-breaking 15 new openings in 2023. Fazoli’s, known for its premium Italian cuisine, operates nearly 220 restaurants across 27 states and has received several industry accolades for its quality and safety standards.

FAT Brands has opened a new tri-branded restaurant in Valley Village, Los Angeles, combining Fatburger, Buffalo’s Express, and Hot Dog on a Stick. This strategic move expands their co-branding model that has seen success since 2013. The location features a diverse menu including burgers, chicken wings, and hot dogs. Operating hours are from 10 a.m. to 11 p.m. daily. FAT Brands, which owns 17 restaurant brands, aims to provide customers with a unique dining experience.

Great American Cookies, part of FAT Brands, is celebrating National Cookie Day on Dec. 4 with special rewards for loyalty members, including free cookies and buy one, get one free offers available until Dec. 11. The holiday season also brings a range of festive cookie options such as Mint Cookies & Cream and Red Velvet Stuffed Cookies. This initiative aims to enhance customer engagement and drive sales during the holiday period.