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FAT Brands Inc. is a global, multi-brand restaurant franchising company that strategically develops, markets, and acquires various restaurant concepts worldwide. With over 300 locations, including Fatburger, Buffalo’s Cafe, Buffalo's Express, and Ponderosa & Bonanza Steakhouse, the company's dedicated support teams assist franchisees in operations, construction, purchasing, training, and marketing to achieve entrepreneurial success. The company offers diverse restaurant concepts for franchisees to grow and expand their portfolios across different industry segments.FAT Brands Inc. (NASDAQ: FAT) has declared a $0.14 per share cash dividend for Q3 fiscal 2022, marking a one-cent increase from the previous quarter. The dividend, applicable to both Class A and Class B common stock, will be payable on September 1, 2022, to shareholders of record as of August 16, 2022. Future dividends remain subject to the Board's discretion and will depend on various factors, including the company's financial condition and operational results.
FAT Brands Inc has appointed James C. Neuhauser as the new Executive Chairman of the Board, effective immediately. Neuhauser, who has been an independent director since 2017, brings over 30 years of experience in financial planning and investment banking. Edward H. Rensi transitions to Vice Chairman but will continue to provide strategic counsel. Additionally, Lynne L. Collier joins as an independent director, enhancing the board with her expertise in public capital markets, especially in the restaurant sector. This leadership change aims to strengthen investor relations and corporate governance.
LOS ANGELES, July 12, 2022 – FAT Brands announces a new limited-time offering, the Apollo Pizza, a Greek-style pizza created by employee Bryan Liupakka. Available until September 25, it features Calamata olives, feta cheese, salami, and a unique three-cheese blend. Alongside, the Apollo Salad offers a refreshing mix of romaine lettuce, artichoke hearts, and tangy Parmesan Italian Vinaigrette. This initiative stems from an employee innovation contest aimed at enhancing creativity within the company.
Marble Slab Creamery is celebrating National Ice Cream Month with special offers for Slab Happy Rewards Members throughout July 2022. From July 1-31, members can enjoy randomized rewards including a free small ice cream and buy one, get one free deals. Members can redeem these offers for seven days after their visit, limited to one reward per customer. Marble Slab Creamery has been a pioneer in the ice cream industry for nearly 40 years, known for its unique frozen slab technique and a variety of delicious flavors.
FAT Brands has announced a new development deal to open 10 new franchised locations in Puerto Rico, led by Conceptos Restaurants LLC. This expansion comes amid a strong growth year for the brand, with new locations also planned in Alaska, Arkansas, and Florida. The move highlights the rising popularity of quick-service and fast-casual dining in Puerto Rico. FAT Brands operates 17 restaurant concepts globally, owning or franchising over 2,300 units.
FAT Brands Inc. has announced a 4-store franchise development deal in Tampa, Florida, with Whole Factor Inc., as part of its expansion in the state. The stores for Fatburger and Buffalo’s Express are scheduled to open over the next three years. In addition, Whole Factor Inc. is developing ten more Fatburger and Buffalo’s Express locations in Orlando. This move highlights Florida's potential as a growth market for FAT Brands, responding to customer demand for the brand.
Fatburger announces the launch of the Mike’s Hot Honey Crispy Chicken Sandwich, available from June 14 to September 4, 2022. This limited-time offering features a hand-breaded chicken breast topped with pickles, bacon, and a drizzle of Mike’s Hot Honey®.
To celebrate, a launch event will occur on June 24 at Fatburger Ladera Heights, offering free sandwiches and promotional items. Fatburger's collaboration with Mike's Hot Honey marks a unique culinary partnership blending East and West Coast flavors.
FAT Brands, a leading global franchising company, will participate in the LD Micro Invitational Conference from June 7-9, 2022, at the Four Seasons Hotel Westlake Village. Andy Wiederhorn, President and CEO, is set to present on June 7 at 3:00 p.m. PDT, discussing the company's growth strategy, focusing on recent acquisitions and organic growth. The event will be available via live webcast. FAT Brands currently owns 17 restaurant brands and operates over 2,300 units worldwide.
FAT Brands (NASDAQ: FAT) has announced the acquisition of the franchised chain Nestlé Toll House Café by Chip from Crest Foods, Inc.. This deal adds approximately 85 cafés to FAT Brands' portfolio, enhancing its presence in the dessert market alongside existing brands like Great American Cookies and Marble Slab Creamery. The acquisition aims to improve supply chain efficiencies and profitability for franchisees by leveraging FAT Brands' Atlanta-based manufacturing facility.
Fatburger is celebrating National Hamburger Day by offering 500 limited edition non-fungible tokens (NFTs) that provide access to a complimentary Original Fatburger. These NFTs, created with Supper Club, will be available on May 28, 2022, on a first-come, first-served basis at www.supperclub.xyz/fatburger. Owners can redeem a coupon for their burger starting June 1 through the end of the month, establishing a unique digital collectible experience for fans.
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