FAT Brands Inc. Warrant - FATBW STOCK NEWS

FAT Brands has announced a new development deal to launch six additional locations of Fatburger and Buffalo’s Express in Arkansas over the next four years, increasing their presence to seven locations. The first outlet opened in December 2021 in Greenbrier, which has seen strong week-over-week sales. This expansion reflects the company’s commitment to growth in the state, following positive local reception of their made-to-order burgers and wings.

FAT Brands announces the opening of its first co-branded Fatburger and Buffalo’s Express in Winchester, Kentucky, marking its expansion into the state. The restaurant offers made-to-order burgers and wings, responding to growing demand in the region. This location follows a successful opening in Arkansas and is part of the company’s strategy to enhance its presence in the South. The restaurant will operate daily with extended hours on weekends, contributing to the brand's overall growth in the fast-casual dining sector.

FAT Brands has announced new limited-time cereal-inspired milkshakes at Johnny Rockets, available until May 30, 2022. The shakes, featuring Cinnamon Toast Crunch and Trix, aim to evoke nostalgia among customers. On National Cereal Day (March 7), registered fans can receive $5 off any online order of two shakes. This promotion reinforces the brand's commitment to innovative menu items while enhancing the guest experience. With over 325 locations globally, Johnny Rockets continues to blend classic offerings with modern twists.

FAT Brands has reported a strong finish to 2021, achieving 20 consecutive months of positive same-store sales growth. In December 2021, systemwide sales increased 21.7% year-over-year, with drive-thru sales contributing 49% to total revenue. The company reached a milestone of 1 million app users and plans to open 20 new locations in 2022, with an ambitious target of 40 new franchisees. Despite past challenges, Fazoli’s is poised for continued growth through value-driven offerings and culinary innovations.

FAT Brands Inc. (NASDAQ: FAT) has declared a cash dividend of $0.13 per share for the first quarter of fiscal 2022, payable on March 1, 2022, to shareholders on record as of February 15, 2022. This dividend will apply to both Class A and Class B common stock. The continuation of future dividends remains at the discretion of the Board of Directors and hinges on the company's operational performance and financial health.

FAT Brands, parent of Twin Peaks, announced strong growth in 2021, ranking in the top five of casual dining sales. The company executed a significant franchise agreement for 10 stores in Philadelphia and 32 locations in Mexico, reinforcing its expansion strategy. Twin Peaks opened 11 new locations across various states. The brand introduced innovative menu items and a virtual chicken concept, Good as Cluck, to enhance off-premise sales. Recognized by industry awards, Twin Peaks aims to solidify its status as a top casual dining destination.

FAT Brands Inc. (NASDAQ: FAT) announced its virtual participation in the Jefferies Winter Restaurant, Foodservice, Gaming, Lodging & Leisure Summit on January 25, 2022, at 2:30 pm ET. CEO Andy Wiederhorn will host the presentation, which will be available via live webcast and replay for 30 days. FAT Brands, a global franchising company, owns 17 restaurant brands, including Fatburger and Johnny Rockets, and franchises over 2,300 units worldwide.

FAT Brands has opened three new Johnny Rockets locations in Brazil and Chile, expanding its presence in South America. The new sites include two in Brazil and one in Chile, enhancing the brand's international reach. This expansion aligns with FAT Brands' strategy to grow the iconic all-American diner franchise since its acquisition. The locations offer a classic dining atmosphere and high-quality menu items, serving both dine-in and delivery customers.