Fat Brands Stock Price, News & Analysis

Hot Dog on a Stick, owned by FAT Brands Inc. (NASDAQ: FAT), has announced a new location opening in St. George, Utah at the Red Cliffs Mall. The expansion is in partnership with YouTube influencers Benji and Tiffany Nelson, known for their channel 'Not Enough Nelsons'.

The new location features the brand's classic menu items, including their signature hand-stomped lemonade and made-to-order Hot Dog on a Stick and Cheese on a Stick products. Operating hours are Monday through Thursday 10:00 a.m. to 8:00 p.m., Friday and Saturday 10:00 a.m. to 9:00 p.m., and Sunday 12:00 p.m. to 5:00 p.m.

Hot Dog on a Stick, founded in 1946 in Santa Monica, CA, has grown from a single beach-front stand to approximately 50 locations across the United States. This expansion is part of FAT Brands' broader portfolio, which includes 18 restaurant brands and over 2,300 units worldwide.

FAT Brands subsidiaries Great American Cookies and Marble Slab Creamery have launched new Turtle Cookies and Ice Cream made with SNICKERS, available from January 27 through April 27, 2025. The -time offerings feature chocolate cookie dough with caramel, pecans, and chopped SNICKERS for the cookies, while the ice cream combines Marble Slab's chocolate ice cream with pecans, caramel sauce, and SNICKERS pieces.

This partnership with Mars' SNICKERS brand represents FAT Brands' commitment to innovation and collaboration with prominent brands. FAT Brands currently operates 18 restaurant brands with over 2,300 units worldwide, including popular chains like Round Table Pizza, Fatburger, and Johnny Rockets.

FAT Brands has announced important updates regarding its previously disclosed partial spin-off of Twin Hospitality Group. The company will distribute a special stock dividend of 0.1520207 shares of Twin Hospitality Class A Common Stock for each share of FAT Brands Class A and B Common Stock held as of January 27, 2025.

Holders of FAT Brands' Warrants (FATBW) must exercise their warrants before the record date to receive the Twin Common Stock distribution. The current warrant exercise price of $2.2142 will be adjusted downward post-record date based on Twin Common Stock's fair market value. Based on an external valuation setting Twin Common Stock at $20.00 per share, the warrant exercise price is expected to be adjusted to zero following the record date.

Buffalo's Cafe, owned by FAT Brands (NASDAQ: FAT), has launched an extensive expansion of its bar menu on January 21, 2025. The new beverage lineup includes eight new cocktails and five new margaritas, featuring both classic and innovative drinks.

Key additions include the Georgia Peach Tea made with Evan Williams Bourbon, Peach Sangria with Myers's Platinum White Rum, and a classic Old Fashioned with Elijah Craig Small Batch Bourbon. The margarita selection features new options like the Strawberry Margarita and Millionaire Margarita made with Maestro Dobel Diamante Tequila.

The menu development was a collaboration between Buffalo's culinary team and Straight Up Collective, focusing on creating drinks that would enhance the restaurant's sports-watching and social gathering atmosphere.

FAT Brands Inc. (NASDAQ: FAT) has announced a special stock dividend distribution of Twin Hospitality Group Inc. shares to its stockholders. The distribution will represent approximately 5% of Twin Hospitality's fully diluted Class A Common Stock, with FAT Brands retaining the remaining shares.

Stockholders will receive 0.1520207 share of Twin Common Stock for each share of FAT Brands Class A and Class B Common Stock held as of January 27, 2025 (record date). The distribution is scheduled for January 29, 2025, with Twin Hospitality beginning trading on Nasdaq under the symbol 'TWNP' the following day.

The distribution involves Twin Hospitality Group, which operates Twin Peaks and Smokey Bones restaurant brands. Fractional shares will be sold in the open market with proceeds distributed to eligible stockholders. Warrant holders must exercise their warrants before the record date to receive the distribution.

Native Grill & Wings, owned by FAT Brands (NASDAQ: FAT), has launched a new beverage menu featuring seven cocktails and five margaritas. The new menu emphasizes Southwestern flavors with drinks like El Jefe (tequila-based espresso cocktail), Michelada (featuring Native's signature sauces), Desert Margarita, and Spicy Guava Rita.

The menu development was a collaboration between Native's culinary team and Straight Up Collective, focusing on spice, citrus, and coffee flavors to appeal to their core consumer base. Other additions include Tito's Handmade Vodka Strawberry Lemonade, Peach Sangria, and Red Bull A'Rita.

FAT Brands Inc. (NASDAQ: FAT) has announced the opening of a new tri-branded restaurant in Roanoke, Texas, combining Great American Cookies, Marble Slab Creamery, and Pretzelmaker under one roof. Located at Roanoke Crossing, the establishment offers a comprehensive menu featuring Cookie Cakes, fresh-made Ice Cream with unlimited Mix-Ins, and fresh-baked Pretzel Bites.

The company aims to expand this tri-branded model strategically, building upon the success of their existing co-branded locations. This initiative responds to increasing snacking occasions in the industry by providing a wider variety of sweet and savory treats in a single location. FAT Brands currently owns 18 restaurant brands and operates over 2,300 units worldwide.

Round Table Pizza, owned by FAT Brands Inc. (NASDAQ: FAT), announced a community support initiative offering free Personal Cheese Pizzas to first responders at over 50 Los Angeles area locations through January 16, 2025. The initiative aims to support those fighting the Los Angeles wildfires.

Round Table Pizza, part of FAT Brands' portfolio of 18 restaurant brands, operates more than 410 restaurants globally. FAT Brands manages over 2,300 units worldwide across its various dining concepts, including notable brands such as Fatburger, Johnny Rockets, and Twin Peaks.

FAT Brands Inc. (NASDAQ: FAT) has announced a charitable initiative to provide 10,000 meals to first responders and fire evacuees affected by the Los Angeles wildfires. The company will deploy its 'Fatmobile' food truck to serve meals at first responder sites and shelters over the next several days.

FAT Brands, which owns 18 restaurant brands including Fatburger, Round Table Pizza, and Johnny Rockets, operates over 2,300 units worldwide. The initiative demonstrates the company's commitment to supporting the Los Angeles community during the ongoing wildfire crisis.