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Fazoli's Kicks Off International Growth with 25-Unit Canadian Development Deal
Newsfilter· 2024-04-03 14:05
America's Favorite QSR Italian Chain Heads North LOS ANGELES, April 03, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. parent company of Fazoli's, and 17 other restaurant concepts, announces a new development agreement in partnership with franchisee Briwin Restaurants Inc. to bring 25 Fazoli's locations to Canada over the next ten years with the first units expected to open in 2025 in the province of Alberta. "Fazoli's has enjoyed tremendous success expanding domestically, operating in ...
Smokey Bones Turns Up Basketball Season with All You Can Eat Wings!
Newsfilter· 2024-03-18 13:00
Dig Into All You Can Eat Mouthwatering, Jumbo Chicken Wings For Only $14.99, March 19 – April 8 Plantation, Fla., March 18, 2024 (GLOBE NEWSWIRE) -- The tournament season just got a whole lot tastier! Smokey Bones, owned by FAT (Fresh. Authentic. Tasty.) Brands Inc., is excited to announce its slam-dunk deal for wing enthusiasts. From March 19 through April 8, fans can dig into sweet deals during the college basketball season with All You Can Eat (AYCE) Wings for only $14.99. Savor this limited-time wing ex ...
FAT Brands(FAT) - 2023 Q4 - Annual Report
2024-03-11 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-38250 FAT Brands Inc. (Exact name of registrant as specified in its charter) Delaware 82-1302696 (State or other jurisdiction of (I.R.S. Employer incorporation or orga ...
FAT Brands (FAT) Q4 Earnings Miss, Revenues Beat, Comps Decline
Zacks Investment Research· 2024-03-08 17:00
FAT Brands Inc. (FAT) reported fourth-quarter fiscal 2023 results, with earnings missing the Zacks Consensus Estimate, while revenues beat the same. The top and the bottom lines increased on a year-over-year basis.The company’s quarterly results reflect an uptrend in the top line, attributable to an increase in system-wide sales and new restaurant openings. Solid franchisee interest in development opportunities has increased the company’s total pipeline to 1,100 units, including more than 225 development ag ...
FAT Brands(FAT) - 2023 Q4 - Earnings Call Transcript
2024-03-08 02:53
FAT Brands Inc. (NASDAQ:FAT) Q4 2023 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Andy Wiederhorn - Chairman Ken Kuick - Co-Chief Executive Officer & Chief Financial Officer Conference Call Participants Joe Gomes - NOBLE Capital Roger Lipton - Lipton Financial Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the FAT Brands, Inc. Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. At this time, all participants are placed in a listen ...
FAT Brands(FAT) - 2023 Q4 - Earnings Call Presentation
2024-03-07 22:07
YTD Q4 2023 HIGHLIGHTS 0.8% SSS Growth (2) YTD Q4 2023 v YTD Q4 2022 System-Wide $2,327.9mm System-Wide Sales YTD Q4 2023 $91.2mm Adj. EBITDA (4) YTD Q4 2023 FRESH, AUTHENTIC, TASTY, YTD Q4 2023 RESULTS Systemwide Sales $88.8mm $91.2mm YTD Q4 2022 YTD Q4 2023 $2,178.5mm $2,327.9mm YTD Q4 2022 YTD Q4 2023 (1) System-wide sales growth reflects the percentage change in sales in any given fiscal period compared to the prior fiscal period for all stores in that brand only when the brand is owned by FAT Brands. B ...
Johnny Rockets Adds Brand-New Cookie Jar Shake to Iconic Hand-Spun Shake Menu
Newsfilter· 2024-03-06 17:12
All-American Brand Reaches into the Pantry for Cookie Lover's Dream LOS ANGELES, March 06, 2024 (GLOBE NEWSWIRE) -- Johnny Rockets, the timeless, all-American chain owned by FAT Brands Inc. and known for its extravagant shakes, today announces the latest addition to its lineup, the Cookie Jar Shake. Available nationwide at participating locations through May 31, the new shake is a decadent chocolate shake made with real ice cream, OREO®️ Cookie pieces, and Chocolate Chip Cookies, crowned with whipped cream, ...
FAT Brands(FAT) - 2023 Q4 - Annual Results
2024-03-06 16:00
Exhibit 99.1 FAT BRANDS INC. REPORTS FISCAL FOURTH QUARTER AND FULL FISCAL YEAR 2023 FINANCIAL RESULTS Conference call and webcast today at 5:00 p.m. ET LOS ANGELES (March 7, 2024) – FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) today reported fiscal fourth quarter and full fiscal year 2023 financial results for the fiscal year ended December 31, 2023. “With the acquisition of Smokey Bones early in the fourth quarter, we have grown the FAT Brands portfolio to 18 ic ...
Round Table Pizza Does the Math This Pi Day! $3.14 Personal Pizza for Royal Rewards Members All Day Long!
Newsfilter· 2024-03-06 14:00
Math Has Never Tasted This Good at Leading Pizza Chain LOS ANGELES, March 06, 2024 (GLOBE NEWSWIRE) -- Round Table Pizza, a pizza franchise owned by FAT Brands Inc. and known for its commitment to quality and authenticity, will once again celebrate Pi Day with a piping hot deal! All day long at participating locations, Royal Rewards Members will receive a Personal Cheese Pizza for just $3.14 with the purchase of any Large or XL pizza. Since its founding in 1959, Round Table Pizza has been recognized as "Piz ...
Here's What to Expect From FAT Brands' (FAT) Q4 Earnings
Zacks Investment Research· 2024-03-05 20:16
FAT Brands Inc. (FAT) is scheduled to report fiscal fourth-quarter 2023 results on Mar 7, after market close.In the last reported quarter, the company’s earnings and revenues surpassed the Zacks Consensus Estimate by 7% and 2.2%, respectively.Q4 EstimatesThe Zacks Consensus Estimate for the fiscal fourth-quarter bottom line is pegged at a loss of $1.55 per share. In the year-ago quarter, the company had reported a loss of $2.60 per share. The consensus mark for revenues is pegged at $150 million, suggesting ...