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It’s Flat Out Delicious! Fatburger Introduces All-New Flatburger
Globenewswire· 2026-02-05 14:00
Award-Winning Burger Chain Unveils Smash Style Burger with a Twist for Limited-Time LOS ANGELES, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Fatburger, the all-American burger chain owned by FAT Brands Inc., is sizzling with the addition of a new burger to its menu line-up, the Flatburger. Available now through June 30 at participating locations, the latest burger creation further underscores the brand’s commitment to delivering flat-out delicious, high-quality offerings to its fans. The Flatburger is loaded with fla ...
FAT Brands and Twin Hospitality file for Ch. 11 bankruptcy
Yahoo Finance· 2026-01-27 13:40
Core Viewpoint - FAT Brands and its affiliates, including Twin Hospitality, have filed for Chapter 11 bankruptcy due to significant liabilities and liquidity issues [1] Group 1: Bankruptcy Filing Details - The bankruptcy filing estimates both liabilities and assets in the range of $1 to $10 billion and requests joint administration of all FAT Brands affiliates [2] - The filing includes brands such as Fazoli's, Round Table Pizza, Johnny Rockets, Smokey Bones, Fatburger, and Fog Cutter Capital [2] Group 2: Strategic Decisions and Financial Context - FAT Brands sought strategic alternatives, including restructuring options, and determined that bankruptcy protection was in the best interest of stakeholders [3] - The filing follows a lawsuit from the largest bondholder, Investor 352 Fund, for $109 million related to Class B Common stock tied to Twin Peaks [3] - Last November, FAT Brands owed $1.26 billion to debtors, which was declared immediately due, and the company indicated it lacked the liquidity to repay these loans [4] Group 3: Leadership and Future Plans - CEO Andy Wiederhorn mentioned that the debt is not guaranteed by the parent company and has been in discussions with bondholders for restructuring [4] - The company’s acquisition strategy in 2022 and the spinoff of Twin Peaks were aimed at reducing debt costs [4] - A federal criminal investigation into Wiederhorn for fraud and money laundering, which ended favorably for him, further strained the company's financial resources [5] Group 4: Bankruptcy Process Goals - In a letter to franchisees, Wiederhorn stated that the bankruptcy process will be used to optimize capital structure, reduce debt obligations, and enhance financial flexibility for future growth [6] - The company will continue to collect and pay royalties and advertising payments during the bankruptcy process [6]
Fatburger Spotlights World Vegan Month with Free Impossible Burgers
Globenewswire· 2025-11-04 14:00
Core Insights - Fatburger, owned by FAT Brands Inc., is collaborating with Impossible Foods to celebrate World Vegan Month with a Buy-One-Get-One FREE Impossible Burger promotion throughout November 2025 [1] - The partnership includes the launch of the White Tee Challenge, an interactive event where participants can enjoy a free Impossible Burger and showcase their creativity with various sauces [2][3] Company Overview - FAT Brands is a global franchising company that owns and operates 18 restaurant brands, including Fatburger, and has over 2,300 units worldwide [4] - Fatburger has a legacy of over 70 years, known for its customizable, high-quality burgers and a loyal customer base that includes celebrities [5]
Fatburger & Buffalo's Express Bring West Coast Flavor to Oklahoma
Globenewswire· 2025-09-30 13:20
Core Insights - FAT Brands Inc. has opened its first co-branded Fatburger and Buffalo's Express location in Oklahoma, specifically at the Arbuckle Travel Center in Springer, OK, offering a unique dining experience with both burger and chicken wing options [1][3]. Company Overview - FAT Brands is a leading global franchising company that owns and operates 18 restaurant brands, including Fatburger and Buffalo's Express, and has over 2,300 units worldwide [4]. - Fatburger is recognized for its customizable, grilled-to-order burgers and has a legacy of over 70 years, appealing to a loyal customer base that includes celebrities [5]. - Buffalo's Express, founded in 1985, is known for its chicken wings and proprietary sauces, and has successfully co-branded with over 100 Fatburger locations [6]. Market Strategy - The co-branded locations of Fatburger and Buffalo's Express have shown strong performance across the country, indicating a successful market strategy that combines popular menu items to attract both travelers and locals [3]. - The opening celebration included a promotional offer of free fries with any purchase, aimed at driving initial customer traffic to the new location [3].
Fatburger Serves Up Golden Freebie for Fry Day
Globenewswire· 2025-07-07 13:00
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]