FAT Brands(US:FAT)2025-11-05 21:30Q3 2025 Financial Performance - System-wide sales decreased by 55%[7] - Same-store sales declined by 35%[7] - Total revenue was $1400 million[7] compared to $1434 million in Q3 2024[10] - Adjusted EBITDA was $131 million[7] compared to $141 million in Q3 2024[10] - Net loss attributable to FAT Brands Inc was $(58219) thousand[21] compared to $(44755) thousand in Q3 2024[21] Store Development - 13 new stores opened in Q3 2025[7] Strategic Focus - The company aims to accelerate the build-out of a 1,000+ unit new store pipeline[13] - The company plans to grow factory production to utilize ~55% excess capacity[13] - The company intends to re-franchise Fazoli's 57 company-owned restaurants[13] Non-GAAP Measures - Adjusted net loss was $(45437) thousand[24] compared to $(38017) thousand in Q3 2024[24]