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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.Rhea-AI Summary
FAT Brands reported financial results for Q3 2023, with total revenue increasing by 6.0% to $109.4 million. The company has grown its portfolio to 18 restaurant brands with annualized system-wide sales of $2.4 billion. They have opened 96 restaurants year-to-date and are on track to open 150 new restaurants in 2023. FAT Brands has signed over 200 development agreements, bringing their total pipeline to over 1,100 units.
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Fazoli's is celebrating National Breadstick Day on Oct. 27 by giving away six complimentary breadsticks with any purchase. Customers can redeem the offer in-restaurant with the Fazoli's app or online/in-app with the code BREADSTICKS23. Fazoli's has been serving quality Italian food since 1988.
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FAT Brands Inc. has opened its first-ever co-branded Fatburger and Round Table Pizza location in Dallas. The 3,500 sq. foot restaurant offers a full-service, full-bar casual dining experience. It is the first of four co-branded locations planned for the greater Dallas area.
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FAT Brands Inc. will host a conference call to review its third quarter 2023 financial results on October 26, 2023.
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Original Pretzel Bite Franchise Expands Canadian Footprint
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FAT Brands Inc. to participate in The ThinkEquity Conference on October 19, 2023
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Win a Family Visit to Space Camp® and Savor a Limited-Time Space Week Special
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FAT Brands Inc. declares fiscal Q4 2023 cash dividend of $0.14 per share on outstanding Class A and Class B common stock.
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FAT Brands opens co-branded Great American Cookies and Marble Slab Creamery location at Cook Children’s Medical Center in Fort Worth, Texas, expanding its presence in non-traditional venues.
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FAT Brands Inc. appoints two new Directors, James G. Ellis and John M. Allen, increasing the Board size from 12 to 14. Mr. Ellis joins the Audit Committee. Mr. Ellis served as the Dean of the Marshall School of Business at USC and Mr. Allen is a retired restaurant operator. Their addition brings valuable insight to the company.
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FAQ
What is the current stock price of FAT Brands Warrant (FATBW)?
The current stock price of FAT Brands Warrant (FATBW) is $2.841 as of November 4, 2024.
How many locations does FAT Brands Inc. have worldwide?
FAT Brands Inc. has over 300 locations globally.
What are some of the brands under FAT Brands Inc.?
Some of the brands under FAT Brands Inc. include Fatburger, Buffalo’s Cafe, Buffalo's Express, and Ponderosa & Bonanza Steakhouse.
How does FAT Brands Inc. support its franchisees?
FAT Brands Inc. provides dedicated support teams in operations, construction, purchasing, training, and marketing to assist franchisees in achieving their entrepreneurial goals.
What is the business model of FAT Brands Inc.?
FAT Brands Inc. operates as a franchisor of restaurants, generating revenue through initial franchise fees and ongoing royalties from franchisees.
Where does the majority of revenue for FAT Brands Inc. come from?
The majority of revenue for FAT Brands Inc. is generated from the United States, with the rest coming from other countries.
FAT Brands Inc. Warrant