FAT Brands Inc. Announces Participation in the 28th Annual ICR Conference

Rhea-AI Summary

FAT Brands (NASDAQ: FAT) will participate in the 28th Annual ICR Conference. Chief Executive Officer Andy Wiederhorn and Chief Financial Officer Ken Kuick will host a fireside chat on January 13, 2026 at 9:30 AM ET.

Institutional investors seeking 1x1 meetings should contact their ICR representative. The fireside chat will be webcast live and available for replay for 90 days at the Events & Presentations section of the FAT Brands Investor Relations website: https://ir.fatbrands.com/.

Key Figures

Q3 2025 Revenue $140,009,000 Thirteen weeks ended September 28, 2025 (Form 10-Q)

Q3 2025 Net Loss $58,219,000 Net loss attributable to FAT Brands Inc. in Q3 2025

Q3 2025 Interest Expense $37,101,000 Interest expense in Q3 2025 reflecting sizable debt load

Current Portion of Debt $1,263,470,000 Aggregate principal of Securitization Notes classified as current in Q3 2025

Unrestricted Cash $2,052,000 Unrestricted cash at Q3 2025 quarter-end

Accelerated Principal $1,256.5 million Aggregate principal on franchise-backed notes accelerated per Nov. 21, 2025 8-K

Accrued Interest on Notes $43.2 million Accrued and unpaid interest on accelerated notes per Nov. 21, 2025 8-K

FB Resid Notes Principal $158.9 million Aggregate principal outstanding on FB Resid fixed rate secured notes per Dec. 2, 2025 8-K

Market Reality Check

$0.3737 Last Close

Volume Volume 325,886 is about 1.8x the 20-day average of 181,199, indicating elevated trading ahead of the conference update. high

Technical Shares at $0.398 are trading well below the 200-day MA of $1.94 and 93.55% under the 52-week high of $6.17, despite a 13.71% pre-news gain.

Peers on Argus

FAT gained 13.71%, while peers were mixed: FATBB +2.92%, ARKR +1.95%, NDLS +2.94%, RAVE 0%, and BDL -3.22%. The outsized move in FAT versus modest, mixed peer action points to a stock-specific reaction rather than a broad restaurant-sector rotation.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Jan 05	Menu promotion launch	Positive	+3.2%	Round Table Pizza introduced Triple Crown Pepperoni Pizza as a limited-time item.
Dec 18	Unit expansion news	Positive	+1.4%	Fazoli’s opened its fourth Phoenix-area restaurant with further Arizona growth planned.
Dec 16	International expansion	Positive	-1.4%	Fatburger reopened in Japan with a new Okinawa location and plans for more units.
Dec 01	Promotional campaign	Positive	+6.3%	Great American Cookies offered free cookies for rewards members on National Cookie Day.
Nov 19	Domestic co-branded opening	Positive	-4.6%	First combined Fatburger & Buffalo’s Express opened in Dallas with launch promotions.

Pattern Detected

Recent brand and expansion news skew positive, with three instances of aligned gains and two divergences where upbeat store-opening headlines coincided with share declines.

Recent Company History

Over the last few months, FAT has focused announcements on menu innovation and unit expansion across its brands. Key updates include new product launches at Round Table Pizza on Jan 5, 2026, Fazoli’s footprint growth in Phoenix on Dec 18, 2025, an Okinawa Fatburger reopening on Dec 16, 2025, a National Cookie Day promotion on Dec 4, 2025, and a Dallas Fatburger & Buffalo’s Express opening on Nov 19, 2025. The current ICR Conference participation fits this stream of brand and investor-relations visibility rather than a new financial or operational inflection point.

Market Pulse Summary

The stock moved -6.3% in the session following this news. A negative reaction despite routine news such as conference participation would fit prior instances where upbeat brand announcements coincided with selling pressure. Regulatory filings highlight accelerated debt of over $1,256.5 million and modest unrestricted cash of $2,052,000, alongside “substantial doubt” about going-concern status. These structural risks can overshadow otherwise neutral investor-relations events and keep sentiment fragile.

Key Terms

8-k regulatory

"FAT Brands Inc. (FAT) filed an 8-K stating it furnished a press release"

An 8-K is a public report companies must file with the U.S. Securities and Exchange Commission to disclose major events or changes that shareholders should know about, such as leadership changes, mergers, financial surprises, or legal developments. It matters to investors because it acts like a breaking-news alert for a company’s health and prospects—providing timely facts that can affect stock value and investment decisions.

10-q regulatory

""[10-Q] Fat Brands, Inc Quarterly Earnings Report""

A 10-Q is a company’s required quarterly filing with U.S. regulators that provides updated financial statements, management discussion of results, and disclosures about risks, legal matters and operational changes. Think of it as a quarterly report card and progress update that lets investors track recent performance, spot trends or warning signs between annual reports, and make informed buy/sell decisions based on the latest verified financial and business information.

definitive proxy statement regulatory

""[DEF 14A] Fat Brands, Inc Definitive Proxy Statement""

A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.

securitization financial

"whole business securitization financing subsidiaries and Twin Hospitality Group Inc."

Securitization is when a bank or company takes a bunch of loans or assets, like mortgages or car loans, and bundles them together into a single package. They then sell pieces of this package to investors, who receive regular payments from the borrowers. This process helps the original lender get money quickly and spreads the risk among many investors.

securitization notes financial

"aggregate principal amount of its Securitization Notes as current"

Securitization notes are bonds created by pooling financial assets—like loans or mortgages—and selling slices of the future payments to investors. Think of it as slicing a loaf of bread: each slice gets a portion of the loaf’s value and risk, so some slices pay more but carry more chance of loss. Investors care because these notes provide income tied to the underlying loans’ performance, and they vary widely in credit quality, yield, liquidity and sensitivity to prepayments or defaults.

secured notes financial

"notice of acceleration on its fixed rate secured notes"

Secured notes are loans issued as tradable bonds that are tied to specific assets—like a mortgage is tied to a house—so if the borrower can’t pay, holders have a legal claim on that collateral. For investors this usually means lower risk and higher chance of recovering money in a default, but returns tend to be smaller than for unsecured debt and the real safety depends on the value and legal strength of the pledged assets.

indenture financial

"UMB Bank, as trustee under the FB Resid Indenture, has declared"

An indenture is a legal agreement between a company that borrows money by issuing bonds and the people who buy those bonds. It explains the rules the company must follow, like paying back the money and keeping certain financial promises. This document helps both sides understand their rights and responsibilities.

going concern financial

"disclosed “substantial doubt” about its ability to continue as a going concern"

A going concern is a business that is expected to continue its operations and meet its obligations for the foreseeable future, rather than shutting down or selling off assets. This assumption matters to investors because it indicates stability and ongoing profitability, making the business a more reliable investment. Think of it as believing a restaurant will stay open and serve customers, rather than closing down suddenly.

AI-generated analysis. Not financial advice.

LOS ANGELES, Jan. 08, 2026 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), a leading global franchising company and parent company of iconic brands including Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, Fazoli’s and 13 other restaurant concepts, today announced their participation in the 28^th Annual ICR Conference. Andy Wiederhorn, Chief Executive Officer and Chairman, and Ken Kuick, Chief Financial Officer, will host a fireside chat on Tuesday, January 13th, 2026, at 9:30 AM ET. Institutional investors interested in scheduling a 1x1 meeting with management should contact their ICR representative.

The fireside chat will be webcast live and available for replay for 90 days. It can be accessed under the Events & Presentations section of the FAT Brands Investor Relations website at https://ir.fatbrands.com/.

About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual, quick-service, casual and polished casual dining restaurant concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit www.fatbrands.com.

Investor Relations:
ICR
Michelle Michalski
IR-FATBrands@icrinc.com

Media Relations:
Erin Mandzik
emandzik@fatbrands.com
860-212-6509

###

FAQ

When will FAT Brands (NASDAQ: FAT) present at the 28th Annual ICR Conference?

FAT Brands will host a fireside chat on January 13, 2026 at 9:30 AM ET.

Who from FAT Brands will speak at the ICR Conference presentation?

Andy Wiederhorn, Chief Executive Officer and Chairman, and Ken Kuick, Chief Financial Officer, will host the fireside chat.

How can investors watch the FAT Brands fireside chat for NASDAQ: FAT?

The session will be webcast live and available for replay for 90 days on the FAT Brands Investor Relations site at https://ir.fatbrands.com/ under Events & Presentations.

How can institutional investors schedule 1x1 meetings with FAT Brands management at the ICR Conference?

Institutional investors should contact their ICR representative to request a 1x1 meeting with FAT Brands management.

Where will the FAT Brands ICR Conference replay be hosted and for how long?

The replay will be hosted in the Events & Presentations section of the FAT Brands Investor Relations website and will be available for 90 days.