Fat Brands Stock Price, News & Analysis

FAT Brands (NASDAQ: FAT) has announced it will accept Bitcoin as a form of payment for franchisee royalty payments, becoming the first restaurant franchise company to do so. The company, which operates over 2,300 locations worldwide across 18 restaurant brands including Round Table Pizza, Fatburger, and Johnny Rockets, aims to streamline payment processes, particularly for its international partners who represent over 20% of its portfolio.

The strategic move demonstrates FAT Brands' commitment to financial and technological innovation, recognizing Bitcoin's evolution into a mainstream asset. The initiative is expected to simplify the payment process for franchisees across their global network of restaurants.

FAT Brands (NASDAQ: FAT) has launched its 10th co-brand/tri-brand initiative by combining Round Table Pizza and Marble Slab Creamery at a location in Oakland, CA. The new establishment at 5095 Telegraph Ave integrates Marble Slab's homemade ice cream offerings into an existing Round Table Pizza restaurant.

David Pear, President of Round Table Pizza, emphasized that co-branding remains a important growth strategy for FAT Brands, aiming to enhance customer experience through complementary food combinations. Round Table Pizza, founded in 1959, is known for its 'Pizza Royalty™' status and high-quality ingredients, while Marble Slab Creamery, with over 40 years of experience, is recognized for its innovative frozen slab technique and customizable ice cream options.

FAT Brands currently operates 18 restaurant brands with over 2,300 units worldwide, including popular chains like Fatburger, Johnny Rockets, and Twin Peaks.

FAT Brands Inc. (NASDAQ: FAT) has announced the opening of a new Fatburger location at Dallas Fort Worth International Airport, specifically in the American Airlines' employee dining hall. This strategic expansion marks the first restaurant franchise in an airport employee cafeteria, developed in partnership with Bankhead Food Group and Gideon Toal Management Services.

The new location will serve Fatburger's signature menu items, including Original Fatburgers, Turkeyburgers, Impossible Burgers, Fat and Skinny Fries, and hand-scooped milkshakes. Jake Berchtold, COO of FAT Brands' Fast Casual Division, highlighted the significant potential for this new growth model across other airports, emphasizing the suitability of their menu for on-the-go meals.

FAT Brands Foundation, the charitable arm of global franchising company FAT Brands (NASDAQ: FAT), has announced its charitable impact for 2024, distributing $325,000 to 70 non-profit organizations across 17 states and Washington D.C.

The foundation demonstrated significant growth, increasing its giving by 36% and expanding its grant recipients by 59% compared to 2023. Their first fundraising initiatives successfully raised over $200,000. The foundation supported various causes, including LA fire relief efforts, youth enrichment, food insecurity, and health programs.

FAT Brands, which owns 18 restaurant brands including Johnny Rockets, Fatburger, Round Table Pizza, and Twin Peaks, operates over 2,300 units worldwide. The foundation, established in 2022, aims to strengthen communities where FAT Brands operates through partnerships with local non-profits.

Fatburger, owned by FAT Brands Inc. (NASDAQ: FAT), has announced the return of its 'Baby Fat' burger at a special price point of $5.99. The -time promotion runs from March 10 through June 30, 2025, available both online and in participating locations.

The promotion aims to attract both existing customers and new guests, offering the burger with various customization options including bacon, eggs, chili, and onion rings. The menu also features Fat and Skinny Fries, sweet potato fries, onion rings, turkeyburgers, chicken sandwiches, and milkshakes.

FAT Brands currently operates 18 restaurant brands with over 2,300 units worldwide, including notable chains like Round Table Pizza, Johnny Rockets, and Twin Peaks. Fatburger, established over 70 years ago, continues its tradition of serving custom-built burgers made to order.

Round Table Pizza, owned by FAT Brands Inc. (NASDAQ: FAT), announces a special Pi Day promotion for March 14, 2025. Royal Rewards Members can purchase a Personal Pizza with one topping for $3.14 when buying any Large or XL pizza at participating locations.

The promotion, available exclusively to members registered before March 14, showcases Round Table's commitment to quality ingredients, including their signature three-cheese blend and high-quality meats on their perfectly baked crust. The chain, founded in 1959, operates approximately 400 restaurants globally.

FAT Brands (NASDAQ: FAT) has reported its fiscal Q4 and full year 2024 results, marked by expansion and strategic restructuring. The company opened 92 new restaurants in 2024 and secured over 250 franchise agreements, growing their development pipeline to 1,000 locations.

For Q4 2024, total revenue decreased 8.4% to $145.3 million, with system-wide same-store sales declining 1.6%. The company reported a net loss of $67.4 million ($4.06 per share). Full-year 2024 showed revenue growth of 23.4% to $592.7 million, despite a net loss of $189.8 million ($11.60 per share).

Strategic initiatives include the spin-out of Twin Hospitality Group Inc. and plans to refranchise 57 Fazoli's locations, aiming to return to an almost 100% franchised model. The company projects opening more than 100 additional restaurants across its portfolio in 2025.

FAT Brands (NASDAQ: FAT) has announced the opening of a new co-branded Great American Cookies and Marble Slab Creamery location in Huber Heights, Ohio. This marks the first co-branded location of these sister brands in the state, complementing existing Great American Cookies stores in Columbus and Dublin.

The new location at 7624 Old Troy Pike offers an integrated experience featuring Cookie Cakes, homemade Ice Cream with unlimited Mix-Ins, Create Your Own Cookie Shakes, and Ice Cream Sandwiches. Operating hours are Monday through Saturday, 11:00 a.m. to 9:00 p.m., and Sunday, 11:00 a.m. to 7:00 p.m.

Great American Cookies, founded in 1977, is known for its Original Cookie Cake and chocolate chip cookie recipe, while Marble Slab Creamery, established in 1983, pioneered the frozen slab technique and offers homemade, small-batch ice cream with free unlimited Mix-Ins.

Pretzelmaker, owned by FAT Brands (NASDAQ: FAT), has opened its third location in Nebraska, situated in Grand Island at 1229 Allen Drive. The new store expands the brand's presence in the Cornhusker State, offering their signature fresh-baked Pretzel Bites, all-natural lemonade, and various menu items.

The location operates Monday through Saturday from 10:00 a.m. to 10:00 p.m. and Sunday from 12:00 p.m. to 6:00 p.m. Pretzelmaker, which started in 1991, has grown to become the second-largest soft pretzel concept in the U.S. with over 280 locations worldwide. The brand is part of FAT Brands' portfolio, which includes 18 restaurant brands and over 2,300 units globally.