Core Viewpoint - The Justice Department has dropped all charges against Fat Brands and its chair Andy Wiederhorn, allowing the company to focus on growth and success moving forward [1][3]. Legal Proceedings - In May 2024, Fat Brands and Wiederhorn were indicted on charges including wire fraud and tax evasion, related to a loan scheme that allegedly netted Wiederhorn $47 million [1]. - Federal prosecutors have filed to dismiss all charges against Wiederhorn and two others, maintaining that Wiederhorn has consistently claimed his innocence since the indictment [2]. - The DOJ also requested the dismissal of separate criminal charges against Wiederhorn for being a federal felon in possession of a handgun and ammunition [4]. Company Background - Wiederhorn stepped down as CEO of Fat Brands in 2023 amid an SEC investigation related to the same conduct that led to the DOJ charges [3]. - Fat Brands owns several well-known restaurant brands, including Fatburger, Johnny Rockets, and Great American Cookies [2]. Market Reaction - Following the news of the charges being dropped, shares of Fat Brands increased by 7%, with the company's market capitalization reported to be less than $43 million [6]. Political Context - The DOJ's decision comes after a shakeup in the agency following President Donald Trump's second term, which included the dismissal of the assistant U.S. attorney leading the prosecution against Wiederhorn [5]. - Notably, Fat Brands had previously donated $100,000 to Trump's inauguration fund [6].

Company Overview - FAT Brands Inc. is a global restaurant franchising company with a portfolio of 18 restaurant concepts and over 2,300 locations worldwide [2][3] - The company operates well-known brands such as Fatburger, Johnny Rockets, Round Table Pizza, and Twin Peaks [2][3] Legal Developments - The U.S. Attorney for the Central District of California has filed a motion to dismiss all charges against Andrew Wiederhorn and other defendants, asserting that there were no victims, losses, or crimes involved [1][2] - Andy Wiederhorn expressed gratitude towards the U.S. Attorney's Office for reviewing the case and emphasized the company's focus on growth following the dismissal of the indictment [2] Growth Prospects - With the legal matter resolved, FAT Brands is positioned for continued growth, with over 1,000 units in its development pipeline and approximately 120 signed development agreements year-to-date [2] - The company anticipates more than 100 new store openings within the current year, indicating a robust expansion strategy [2]

Company Overview - FAT Brands Inc. is a leading global franchising company that owns and operates 18 restaurant brands, including Round Table Pizza, Fatburger, Johnny Rockets, and Twin Peaks [4] - The company has over 2,300 units worldwide, focusing on fast casual, quick-service, casual dining, and polished casual dining concepts [4] Financial Results Announcement - The company will host a conference call to review its second quarter 2025 financial results on July 30, 2025, at 4:30 PM ET [1] - A press release with the financial results will be issued prior to the conference call on the same day [1] Conference Call Access - The conference call can be accessed live via phone or webcast, with specific dial-in numbers provided for U.S. and international participants [2][3] - A replay of the call will be available until August 20, 2025, with details on how to access the replay also provided [2]

Company Overview - FAT Brands Inc. is the parent company of popular wing brands including Hurricane Grill & Wings, Native Grill & Wings, and Buffalo's Cafe, and it operates over 2,300 units worldwide [6][5] - The company has a diverse portfolio of 18 restaurant brands, including Fatburger, Johnny Rockets, and Twin Peaks, focusing on fast casual and casual dining concepts [6] National Chicken Wing Day Promotions - Hurricane Grill & Wings will offer wings for $0.99 each on July 29, with a minimum purchase of five wings, available for both dine-in and carry-out orders [2] - Native Grill & Wings will provide wings for $0.49 each with the purchase of a drink, applicable for dine-in guests and orders through their app [3] - Buffalo's Cafe will feature wings at $0.75 each, available for dine-in and carry-out, with a selection of signature sauces [4] New Menu Offerings - Hurricane Grill & Wings is introducing a new Spicy Peach Wing Sauce to celebrate its 30th anniversary, alongside its extensive lineup of over 35 sauces [2] - Native Grill & Wings is launching a limited-time summer menu that includes new Medium and Hot Lemon Pepper Wing Sauces [3] - Buffalo's Cafe will highlight a new summer menu featuring grilled classics and chilled cocktails [4] Marketing and Brand Strategy - The company emphasizes customer loyalty and engagement through special promotions on National Chicken Wing Day, aiming to attract wing lovers and enhance brand visibility [5] - FAT Brands has been strategically acquiring and developing restaurant concepts since its inception in 2017, focusing on popular wing brands to draw devoted fans [5]

Company Expansion - FAT Brands Inc. has announced the opening of a new Round Table Pizza location in San Marcos, TX, in partnership with Brame Brands [2][3] - The San Marcos location is part of Round Table Pizza's growth strategy, with previous successes noted in the San Antonio and Dallas markets [3] Promotional Activities - To celebrate the grand opening on July 31, Round Table Pizza will offer free pizza for a year to the first 100 guests, with the promotion providing one free medium pizza per week for 52 weeks [3][5] Company Background - Round Table Pizza has been recognized for its high-quality ingredients and hand-crafted pizzas since its founding in 1959, earning the title of "Pizza Royalty" [4][7] - The company operates approximately 400 restaurants globally and emphasizes community and family values [7] Parent Company Overview - FAT Brands is a global franchising company that owns 18 restaurant brands and operates over 2,300 units worldwide [6]

Company Overview - Marble Slab Creamery is a small-batch ice cream franchise under FAT Brands, known for its imaginative flavor combinations and innovative frozen slab technique [1][2][5] - The company has been in operation for over 40 years, offering homemade ice cream with free Mix-Ins, shakes, and ice cream cakes [2][5] - Marble Slab Creamery has locations in various countries including Bahrain, Canada, Kuwait, Saudi Arabia, Puerto Rico, and the United States [5] Promotions and Marketing - In celebration of National Ice Cream Month and Ice Cream Day, Marble Slab Creamery is providing loyalty members with surprise offers every Sunday in July [1][2] - On July 20, loyalty members will receive a free small ice cream offer, valid for seven days [1] - The Vice President of Marketing emphasized the company's commitment to providing fun deals and unlimited flavor combinations to enhance customer experience [2] Corporate Structure - FAT Brands is a leading global franchising company that owns 18 restaurant brands and operates over 2,300 units worldwide [4] - The company strategically acquires, markets, and develops various dining concepts, including Marble Slab Creamery [4]

Group 1 - Fatburger is celebrating National French Fry Day with a week-long promotion offering free Fat or Skinny Fries with any online burger or sandwich purchase from July 9 to July 13 [1][2] - The promotion emphasizes the importance of fries as a staple side dish, highlighting their quality and pairing options with various burgers and milkshakes [2] - FAT Brands, the parent company of Fatburger, operates 18 restaurant brands and has over 2,300 units worldwide, indicating a strong market presence [4] Group 2 - Fatburger has a legacy of over 70 years, known for its custom-built burgers and a loyal customer base that includes celebrities and athletes [5] - The restaurant chain focuses on providing a contemporary dining experience while maintaining high standards of quality and taste [5]

Core Insights - FAT Brands Inc. plans to expand its Fatburger franchise by opening 40 new locations in Florida over the next 10 years, including areas like Jacksonville [1][2] - Whole Factor Inc., an existing franchisee, has successfully developed the Fatburger brand in Florida since 2021, with a previous 14-unit deal in Orlando and Tampa [1][2] - The Riverview and Celebration locations have exceeded expectations, indicating strong demand for Fatburger's offerings [2] Company Overview - FAT Brands is a global franchising company that owns 18 restaurant brands, including Fatburger, and operates over 2,300 units worldwide [3] - Fatburger has a legacy of over 70 years, known for its customizable burgers and a menu that includes various sides and desserts [4] - The brand has a strong fanbase, including celebrities and athletes, and emphasizes a high-quality dining experience [4]

Core Insights - Hurricane Grill & Wings is celebrating its 30th anniversary with a new limited-time summer menu featuring seasonal flavors and special deals [1][3] - The new menu includes a Spicy Peach Wing Sauce, a Wing & Tender Combo Basket priced at $13.99, and a Wings Add-On special for $3.49 [2] - The brand is also introducing new items like Chicken Salad Lettuce Wraps and a Beer Battered Fish Sandwich, along with two specialty cocktails [2] Company Overview - Hurricane Grill & Wings, founded in 1995, is known for its jumbo wings and over 35 signature sauces, with nearly 50 locations across the United States [5] - The company is part of FAT Brands, which owns 18 restaurant brands and operates over 2,300 units globally [4]

Company Expansion - Fazoli's has opened its first international location in Calgary, Canada, marking a significant milestone in its expansion strategy [1] - The company plans to open a total of 25 units across Canada over the next nine years in partnership with Briwin Restaurants Inc. [1][2] Growth and Market Potential - Fazoli's has experienced strong domestic growth for over 35 years and is optimistic about its new global chapter [2] - Briwin Restaurants Inc., the partner for the Canadian expansion, has a successful track record as a multi-unit Fatburger franchisee, indicating strong potential for Fazoli's in the Canadian market [2] Company Overview - Founded in 1988, Fazoli's is the largest QSR Italian chain in America, operating approximately 200 restaurants in 26 states [5] - The chain is known for its quality Italian food offerings, including freshly prepared pasta, sub sandwiches, salads, pizza, and unlimited signature breadsticks [5] Parent Company Information - FAT Brands is a leading global franchising company that owns 18 restaurant brands and operates over 2,300 units worldwide [4] - The company focuses on acquiring, marketing, and developing various dining concepts, including fast casual and quick-service restaurants [4]