[PART I. FINANCIAL INFORMATION (Unaudited)](index=4&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION%20(Unaudited)) This section presents the unaudited financial statements, management's discussion, and disclosures on market risk and internal controls [Item 1. Condensed Consolidated Financial Statements](index=4&type=section&id=Item%201.%20Condensed%20Consolidated%20Financial%20Statements) The condensed consolidated financial statements show a deteriorating financial position with decreased assets, increased liabilities, widening net losses, and negative operating cash flow [Condensed Consolidated Balance Sheets](index=4&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The balance sheet as of June 29, 2025, reflects a decline in total assets and an increase in total liabilities, leading to a wider stockholders' deficit Condensed Consolidated Balance Sheets (in thousands) | Financial Metric | June 29, 2025 (in thousands) | December 29, 2024 (in thousands) | | :--- | :--- | :--- | | **Total Assets** | **$1,247,760** | **$1,289,178** | | Cash | $7,648 | $23,383 | | **Total Liabilities** | **$1,790,960** | **$1,744,890** | | Long-term debt, net | $1,218,217 | $1,208,997 | | **Total Stockholders' Deficit** | **($543,200)** | **($455,712)** | [Condensed Consolidated Statements of Operations](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) The statements of operations show increased net losses for both the quarter and year-to-date periods, driven by decreased revenue and higher expenses Condensed Consolidated Statements of Operations (in thousands) | Metric (in thousands) | Q2 2025 | Q2 2024 | YTD 2025 | YTD 2024 | | :--- | :--- | :--- | :--- | :--- | | **Total Revenue** | $146,836 | $152,040 | $288,855 | $304,007 | | **Loss from Operations** | ($15,550) | ($2,703) | ($24,116) | ($4,085) | | **Net Loss Attributable to FAT Brands Inc.** | ($54,188) | ($39,359) | ($100,157) | ($77,675) | | **Basic and Diluted Loss per Share** | ($3.17) | ($2.43) | ($5.91) | ($4.80) | [Condensed Consolidated Statements of Cash Flows](index=9&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) The cash flow statements indicate continued negative cash flow from operations and a net decrease in cash and restricted cash for the period Condensed Consolidated Statements of Cash Flows (in thousands) | Cash Flow Activity (in thousands) | Twenty-Six Weeks Ended June 29, 2025 | Twenty-Six Weeks Ended June 30, 2024 | | :--- | :--- | :--- | | Net cash used in operating activities | ($40,124) | ($42,614) | | Net cash used in investing activities | ($2,427) | ($18,176) | | Net cash provided by financing activities | $19,082 | $42,000 | | **Net decrease in cash and restricted cash** | **($23,469)** | **($18,790)** | [Notes to Condensed Consolidated Financial Statements](index=10&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) These notes provide critical details on the company's liquidity, substantial debt, ongoing legal challenges, and the recent spin-off of Twin Hospitality Group - The company faces significant liquidity challenges, with a history of net losses, an accumulated deficit of **$553.6 million**, negative working capital of **$264.6 million**, and negative cash flow from operations of **$40.1 million** for the first half of 2025[30](index=30&type=chunk) - Total securitized debt stood at a book value of **$1.25 billion** as of June 29, 2025, representing the vast majority of the company's long-term debt[54](index=54&type=chunk) - The company is subject to ongoing legal challenges, including an SEC complaint alleging violations of securities laws and multiple derivative lawsuits. A DOJ indictment against the company was dismissed without prejudice in July 2025[81](index=81&type=chunk)[82](index=82&type=chunk)[83](index=83&type=chunk) - In January 2025, the company completed the spin-off of Twin Hospitality Group Inc. FAT Brands retains a controlling ownership of approximately **98.6%** of the voting power and continues to consolidate Twin Hospitality in its financial statements[97](index=97&type=chunk)[98](index=98&type=chunk)[101](index=101&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=24&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the decline in revenue, increase in expenses, and addresses the company's liquidity position and capital resources [Results of Operations](index=25&type=section&id=Results%20of%20Operations) The results of operations show a decrease in total revenue and a significant increase in general and administrative expenses, leading to a wider operating loss - Total revenue decreased by **5.0%** in the first half of 2025, primarily due to the closure of five underperforming Smokey Bones locations and lower same-store sales[111](index=111&type=chunk) - General and administrative expenses increased by **30.0%** in the first half of 2025, mainly due to increased share-based compensation for Twin Hospitality Group Inc. and higher professional fees for litigation[112](index=112&type=chunk) - Total other expense, net, increased to **$75.3 million** for H1 2025 from **$68.2 million** in H1 2024, primarily due to higher interest expense[114](index=114&type=chunk) [Liquidity and Capital Resources](index=27&type=section&id=Liquidity%20and%20Capital%20Resources) This section details the company's cash position, sources of liquidity, significant liabilities, and management's assessment of future liquidity Cash Flow Activity (in millions) | Cash Flow Activity (in millions) | H1 2025 | H1 2024 | | :--- | :--- | :--- | | Net cash used in operating activities | ($40.1) | ($42.6) | | Net cash used in investing activities | ($2.4) | ($18.2) | | Net cash provided by financing activities | $19.1 | $42.0 | - The company has liabilities of **$91.8 million** relating to put options exercised on its Series B Cumulative Preferred Stock[126](index=126&type=chunk) - The company paused the payment of cash dividends on its Series B Cumulative Preferred Stock beginning with the April 2025 period; these dividends will now accrue[133](index=133&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=28&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) This section is not required for the company as a smaller reporting company - Disclosure about market risk is not required[137](index=137&type=chunk) [Item 4. Controls and Procedures](index=28&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective, with no material changes in internal control over financial reporting - Management concluded that the company's Disclosure Controls and Procedures were effective as of the end of the period covered by the report[139](index=139&type=chunk) - No changes in internal control over financial reporting occurred during the quarter that have materially affected, or are reasonably likely to materially affect, these controls[140](index=140&type=chunk) [PART II. OTHER INFORMATION](index=29&type=section&id=PART%20II.%20OTHER%20INFORMATION) This section covers legal proceedings, risk factors, equity sales, defaults, and other miscellaneous disclosures and exhibits [Item 1. Legal Proceedings](index=29&type=section&id=Item%201.%20Legal%20Proceedings) This section refers the reader to Note 13 of the condensed consolidated financial statements for a detailed description of the company's material pending legal proceedings - For details on material pending legal proceedings, the report refers to Note 13, Commitments and Contingencies, in the financial statements[142](index=142&type=chunk) [Item 1A. Risk Factors](index=29&type=section&id=Item%201A.%20Risk%20Factors) The company states that there have been no material changes to the risk factors previously disclosed in its Annual Report on Form 10-K filed on February 28, 2025 - There have been no material changes in risk factors from those discussed in the company's Annual Report on Form 10-K[143](index=143&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=29&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company reported no unregistered sales of equity securities or use of proceeds during the period - None reported[144](index=144&type=chunk) [Item 3. Defaults Upon Senior Securities](index=29&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults upon senior securities - None reported[145](index=145&type=chunk) [Item 5. Other Information](index=29&type=section&id=Item%205.%20Other%20Information) During the fiscal quarter, no director or officer of the company adopted or terminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement - No director or officer adopted or terminated a Rule 10b5-1 trading arrangement during the quarter[147](index=147&type=chunk) [Item 6. Exhibits](index=30&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including certifications and Inline XBRL documents - The exhibits filed with this report include: * Certifications pursuant to Section 302 and 906 of the Sarbanes-Oxley Act of 2002 * Inline XBRL Instance Document and related taxonomy files[148](index=148&type=chunk)

Financial Data and Key Metrics Changes - Total revenues for Q2 2025 were $146.8 million, a 3.4% decrease from $152 million in the same quarter last year, primarily due to the closure of underperforming locations and lower same-store sales [25] - General and administrative expenses increased to $44.4 million from $29.6 million, largely due to non-cash share-based compensation related to the public listing of Twin Hospitality Group [25] - Net loss attributable to FAT Brands was $54.2 million or $3.17 per diluted share, compared to a net loss of $39.4 million or $2.43 per diluted share in the prior year quarter [26] Business Line Data and Key Metrics Changes - The closure of five underperforming Smoky Bones locations impacted revenue, while new Twin Peaks Lodges partially offset this decline [25] - Adjusted EBITDA for the quarter remained flat at $15.7 million, comparable to the previous year [26] - The snacks segment, including Great American Cookies and Marble Slab Creamery, showed consistent strength, with digital sales for Great American Cookies increasing to 25% of total sales [13][14] Market Data and Key Metrics Changes - Domestic system-wide sales outperformed international sales, although there were positive signs internationally, particularly for Fatburger locations in Canada [12][13] - The company operates approximately 2,300 locations across 49 states and 35 countries, with 80% in domestic markets and 20% internationally [7] Company Strategy and Development Direction - The growth strategy is anchored by three pillars: organic expansion, targeted acquisitions, and increasing manufacturing capacity, particularly in cookie dough production [14] - The company plans to open 100 new locations in 2025, with a robust development pipeline of approximately 1,000 locations committed by franchisees over the next five to seven years [15] - The company is also focusing on enhancing the guest experience through innovation and menu development, as well as revitalizing existing locations through a Store Refresh program [18][22] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future following the resolution of legal issues, which will save approximately $30 million annually in litigation costs [11][26] - There are encouraging signs of improved consumer confidence, particularly in the snack brands, while QSR brands face challenges [34][54] - The company is working towards achieving cash flow positive status in the coming quarters while continuing strategic deleveraging efforts [12][41] Other Important Information - The company has reached a settlement in the Delaware derivative cases, which is subject to court approval [6] - The Georgia production facility generated $10.3 million in sales with a 37% margin, currently operating at 45% capacity, indicating significant growth potential [21] Q&A Session Summary Question: Update on SEC civil action following DOJ announcement - Management is hopeful the SEC investigation will also conclude favorably following the DOJ case, and they have filed for recovery of legal fees through insurance [29][30] Question: Increase in G&A costs and future expectations - The increase in G&A costs is a one-time event related to the Twin Peaks spin-off, and costs are expected to decrease moving forward [30][31] Question: Timing for the rollout of the new manufacturing contract - The new manufacturing contract is currently in production and is expected to be fully rolled out within the next 30 to 60 days [32][33] Question: Observations on restaurant industry traffic - Different brand categories are experiencing varied performance, with snack brands performing well while QSR brands face challenges [34] Question: Current liquidity situation - The company has retained notes valued between $130 million and $150 million for liquidity, and is focused on identifying further savings across all brands [41][42]

Q2 2025 Financial Highlights - System-wide sales decreased by 37% to $5922 million in Q2 2025 compared to $6147 million in Q2 2024[7, 10] - Same-store sales declined by 39% system-wide[7] - Total revenue decreased to $1468 million in Q2 2025 from $1520 million in Q2 2024[7, 10] - Adjusted EBITDA remained flat at $157 million in both Q2 2025 and Q2 2024[7, 10] Strategic Focus - The company aims to accelerate the build-out of a new store pipeline of over 1,000 units[13] - The company plans to grow factory production to utilize approximately 60% excess capacity through expanded organic channels and third-party manufacturing[13] - The company is targeting approximately $10 million in Adjusted EBITDA growth from new stores and approximately $5 million from the factory[13] - The company intends to re-franchise 57 Fazoli's company-owned restaurants[13] Q2 2025 Statement of Operations - Royalties decreased to $22169 thousand in Q2 2025 from $23318 thousand in Q2 2024[21] - Restaurant sales decreased to $102388 thousand in Q2 2025 from $107410 thousand in Q2 2024[21] - Net loss attributable to FAT Brands Inc was $(54188) thousand in Q2 2025 compared to $(39359) thousand in Q2 2024[21, 23]

[Management Commentary](index=1&type=section&id=Management%20Commentary) Management emphasized a strong development pipeline, positive digital sales impact, and strategic financial strengthening through bond restructuring and G&A reductions - The company has a strong development pipeline of about **1,000 signed deals** and opened **18 new locations** in Q2, staying on track to meet its goal of over **100 openings in 2025**[5](index=5&type=chunk) - A new development deal was signed to open **40 additional Fatburger locations** in Florida over the next ten years[5](index=5&type=chunk) - Digital initiatives are showing significant results, with digital sales at Great American Cookies accounting for **25% of total revenue** and loyalty-driven sales growing **40%**, while Round Table Pizza also saw a **21% increase** in loyalty-driven sales[5](index=5&type=chunk) - Key financial strengthening actions are underway, including converting amortizing bonds to interest-only to save **$30-$40 million annually**, pausing dividends to preserve **$36-$40 million annually**, and implementing over **$5 million** in G&A reductions[5](index=5&type=chunk) - A key strategic priority is expanding manufacturing capacity through strategic partnerships to broaden brand reach[5](index=5&type=chunk) [Q2 2025 Financial Highlights](index=1&type=section&id=Q2%202025%20Financial%20Highlights) FAT Brands reported a 3.4% revenue decline and widened net loss in Q2 2025, with system-wide same-store sales down 3.9%, while Adjusted EBITDA remained flat Q2 2025 Key Financial Metrics vs. Q2 2024 | Metric | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | Total Revenue (in millions) | $146.8 | $152.0 | | System-wide Sales Growth (%) | -3.7 | N/A | | System-wide Same-Store Sales Growth (%) | -3.9 | N/A | | Net Loss (in millions) | ($54.2) | ($39.4) | | Diluted Loss Per Share (per share) | ($3.17) | ($2.43) | | EBITDA (in millions) | ($6.0) | $6.8 | | Adjusted EBITDA (in millions) | $15.7 | $15.7 | - The company opened **18 new stores** during the fiscal second quarter of 2025[6](index=6&type=chunk) [Detailed Financial Performance Analysis](index=2&type=section&id=Detailed%20Financial%20Performance%20Analysis) Revenue declined due to store closures and lower same-store sales, while general and administrative expenses significantly increased, primarily driven by higher share-based compensation - Total revenue decreased by **$5.2 million (3.4%)** to **$146.8 million**, largely due to reduced restaurant revenue from the closure of **five Smokey Bones locations** and lower same-store sales[8](index=8&type=chunk) - General and administrative expenses rose by **$14.8 million (50.3%)**, primarily due to increased share-based compensation related to Twin Hospitality Group Inc[9](index=9&type=chunk) - Cost of restaurant and factory revenues decreased by **2.1%** to **$98.1 million**, in line with lower revenue from company-owned locations[10](index=10&type=chunk) - Total other expense, net, increased to **$39.4 million** from **$34.8 million** in Q2 2024, driven by a rise in interest expense to **$39.4 million**[11](index=11&type=chunk) [Company Information and Disclosures](index=3&type=section&id=Company%20Information%20and%20Disclosures) This section provides a corporate overview of FAT Brands as a global franchising company, includes forward-looking statements disclaimers, and defines non-GAAP financial measures used in the report - FAT Brands is a global franchising company that owns **18 restaurant brands** and has approximately **2,300 franchised and owned units** worldwide[17](index=17&type=chunk) - The press release contains forward-looking statements that are subject to significant business, economic, and competitive risks and uncertainties[18](index=18&type=chunk) - The report utilizes non-GAAP measures, including EBITDA, Adjusted EBITDA, and Adjusted Net Loss, to supplement GAAP financial results and provide insight into core operating performance[19](index=19&type=chunk)[20](index=20&type=chunk)[21](index=21&type=chunk) [Financial Statements and Reconciliations](index=6&type=section&id=Financial%20Statements%20and%20Reconciliations) This section presents detailed consolidated financial statements for Q2 2025, including the Statement of Operations and reconciliations for non-GAAP measures like EBITDA and Adjusted Net Loss [Consolidated Statements of Operations](index=6&type=section&id=Consolidated%20Statements%20of%20Operations) The Q2 2025 statement of operations shows decreased total revenues and a widened net loss, primarily due to increased general and administrative expenses Consolidated Statements of Operations Highlights (Thirteen Weeks Ended) | (In thousands) | June 29, 2025 | June 30, 2024 | | :--- | :--- | :--- | | Total revenue | $146,836 | $152,040 | | General and administrative expense | $44,415 | $29,558 | | Loss from operations | ($15,550) | ($2,703) | | Net loss attributable to FAT Brands Inc. | ($54,188) | ($39,359) | | Basic and diluted loss per common share | ($3.17) | ($2.43) | [EBITDA and Adjusted EBITDA Reconciliation](index=7&type=section&id=EBITDA%20and%20Adjusted%20EBITDA%20Reconciliation) EBITDA turned negative in Q2 2025, but after significant adjustments, including share-based compensation, Adjusted EBITDA remained stable year-over-year EBITDA and Adjusted EBITDA Reconciliation (Thirteen Weeks Ended) | (In thousands) | June 29, 2025 | June 30, 2024 | | :--- | :--- | :--- | | Net loss attributable to FAT Brands Inc. | ($54,188) | ($39,359) | | EBITDA | ($5,980) | $6,791 | | Share-based compensation expenses | $12,765 | $677 | | Litigation costs | $5,198 | $7,852 | | **Adjusted EBITDA** | **$15,695** | **$15,747** | [Adjusted Net Loss Reconciliation](index=8&type=section&id=Adjusted%20Net%20Loss%20Reconciliation) After adjustments, the company's adjusted net loss for Q2 2025 widened to $49.0 million, or $2.88 per share, compared to the prior year Adjusted Net Loss Reconciliation (Thirteen Weeks Ended) | (In thousands, except per share data) | June 29, 2025 | June 30, 2024 | | :--- | :--- | :--- | | Net loss attributable to FAT Brands Inc. | ($54,188) | ($39,359) | | Litigation costs | $5,198 | $7,852 | | **Adjusted net loss** | **($48,956)** | **($30,905)** | | **Adjusted net loss per basic and diluted share** | **($2.88)** | **($1.93)** |

Core Insights - FAT Brands reported a total revenue of $146.8 million for the fiscal second quarter of 2025, a decrease of $5.2 million or 3.4% compared to the same period in the previous year [5][6] - The company experienced a net loss of $54.2 million, or $3.17 per diluted share, compared to a net loss of $39.4 million, or $2.43 per diluted share, in the fiscal second quarter of 2024 [6][10] - The company opened 18 new locations during the second quarter and aims for over 100 restaurant openings in 2025, supported by a pipeline of approximately 1,000 signed deals [2][5] Financial Performance - Total revenue decreased by 3.4% to $146.8 million from $152.0 million in the fiscal second quarter of 2024, primarily due to the closure of five underperforming Smokey Bones locations and lower same-store sales [5][6] - System-wide sales declined by 3.7%, and same-store sales decreased by 3.9% [6] - Adjusted EBITDA remained stable at $15.7 million for both the fiscal second quarter of 2025 and 2024 [6][27] Cost Management - General and administrative expenses increased by 50.3% to $44.4 million, primarily due to increased share-based compensation [7] - Cost of restaurant and factory revenues decreased by 2.1% to $98.1 million, reflecting reduced costs at company-owned restaurants [8] - Advertising expenses decreased by $3.1 million to $11.5 million compared to the prior year [9] Strategic Initiatives - The company is focusing on expanding its manufacturing capacity and pursuing strategic partnerships to enhance brand reach and manufacturing capabilities [2] - Digital sales at Great American Cookies now account for 25% of total revenue, with loyalty-driven sales up 40% [2] - The company has secured a bondholder agreement to convert amortizing bonds to interest-only, generating an additional $30 to $40 million in annual cash flow savings [2]

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]