Welcome to our dedicated page for Fat Brands news (Ticker: FAT), a resource for investors and traders seeking the latest updates and insights on Fat Brands stock.
FAT Brands Inc. (FAT) is a global leader in multi-brand restaurant franchising, operating concepts across quick service, fast casual, and casual dining segments. This page serves as the definitive source for corporate news and official updates about the company's franchising strategies, financial performance, and brand portfolio developments.
Investors and industry professionals will find curated press releases covering earnings announcements, strategic acquisitions, leadership updates, and partnership initiatives. All content is sourced directly from FAT Brands' corporate communications to ensure accuracy and timeliness.
The news collection includes updates on franchise expansion efforts, operational support programs for licensees, and market-specific adaptations across the company's global network. Regular updates provide insights into how FAT Brands maintains its competitive position through integrated brand management and franchisor support systems.
Bookmark this page for streamlined access to essential updates about FAT Brands' business operations, financial disclosures, and corporate strategy within the restaurant franchising sector.
FAT Brands Inc. (NASDAQ: FAT), a global restaurant franchising company, has partnered with DonationScout to enhance its Dine and Donate Fundraising Programs across its portfolio brands. This collaboration aims to streamline restaurant fundraising for operators and guests, reinforcing FAT Brands' commitment to community involvement.
The DonationScout platform offers features such as customizable web pages for events, online scheduling, marketing flyers, automated email and SMS enablement, and a performance dashboard. Pilot programs at Fatburger and Round Table Pizza have already shown promising results, exceeding DonationScout's average event sales.
This initiative aligns with FAT Brands' recent launch of its charitable arm, the FAT Brands Foundation, further emphasizing the company's dedication to creating a positive impact in the communities it serves.
Native Grill & Wings, part of FAT Brands (NASDAQ: FAT), is launching a wing-eating competition called Holmberg's "Handle the Heat" in collaboration with Arizona DJ and Radio Host Holmberg. The contest runs from Aug. 8 to Aug. 28 across Phoenix area locations, with a Championship round on Sept. 4.
To support the Arizona Humane Society, Native is introducing the Holmberg Special from Aug. 8 to Sept. 8, featuring 10 wings and a Stella Artois for $19.79, with $1 from each sale donated to the charity. This initiative aligns with Native's community-focused approach and FAT Brands' strategic expansion of fast casual and casual dining concepts globally.
Johnny Rockets, owned by FAT Brands Inc. (NASDAQ: FAT), is launching a new Dirt Cup Shake featuring TROLLI® SOUR BRITE CRAWLERS®. This -time offering, available from Aug. 6 to Dec. 31, 2024, combines a hand-spun Chocolate Shake with OREO® Cookie crumbles and tangy TROLLI® gummies. The shake aims to capitalize on the trend of nostalgic flavors in the fast-casual dining sector.
FAT Brands, a global franchising company, owns 18 restaurant brands and over 2,300 units worldwide. Johnny Rockets, founded in 1986, is known for its Certified Angus Beef® burgers, hand-spun shakes, and casual fun atmosphere across more than 250 locations in over 25 countries.
Native Grill & Wings, part of FAT Brands (NASDAQ: FAT), is launching a '3 for You' value deal from Aug. 5 through Sept. 30, 2024. Dine-in guests can enjoy chips and salsa, a choice of Native Burger or Native Chicken Sandwich with Fries, and a non-alcoholic beverage for $10.99. For an additional $2, customers can upgrade to a specialty burger or Deluxe Native Chicken Sandwich.
Ashley Montgomery, VP of Marketing, emphasized the deal's value and the quality of their hand-crafted burgers and sandwiches. This promotion aims to offer a full meal experience at an unbeatable price for an extended period, showcasing Native Grill & Wings' menu beyond their award-winning wings.
Marble Slab Creamery, a FAT Brands (NASDAQ: FAT) franchise, is launching a Back to School Happy Hour promotion from August 5-18, 2024. Participating stores will offer a free small Ice Cream cup with the purchase of a small, regular, or best value Ice Cream Cup daily from 4:00-6:00 p.m. This promotion aims to celebrate the new school year and attract families.
Marble Slab Creamery, known for its frozen slab technique and small-batch ice cream with free unlimited Mix-Ins, has been innovating in the ice cream industry for over 40 years. The brand is part of FAT Brands, a global franchising company that owns 18 restaurant brands and operates over 2,300 units worldwide.
Great American Cookies, a franchise under FAT Brands (NASDAQ: FAT), is offering a special deal for National Chocolate Chip Cookie Day on August 4, 2024. Customers can buy one Original Chocolate Chip Cookie Cake slice and get one free at participating locations. This promotion celebrates the brand's signature product, which has been part of their offerings since 1977.
Great American Cookies, known for its Original Cookie Cake, operates over 400 bakeries worldwide. The company emphasizes its commitment to providing simple, delightful treats and sees this promotion as an opportunity to introduce more customers to their signature item. FAT Brands, the parent company, owns 18 restaurant brands and franchises over 2,300 units globally.
FAT Brands Inc. (NASDAQ: FAT) reported its fiscal second quarter 2024 financial results, showing significant growth and expansion. Key highlights include:
- Total revenue increased 42.4% to $152.0 million
- System-wide sales growth of 8.6%
- 24 new store openings in Q2, with 45 year-to-date
- Over 180 development deals signed year-to-date
- Pipeline of approximately 1,100 locations
However, the company also reported a net loss of $39.4 million, or $2.43 per diluted share. Adjusted EBITDA was $15.7 million, down from $23.1 million in Q2 2023. The company continues to focus on expanding its portfolio, particularly the Twin Peaks brand, and creating value through organic growth and strategic acquisitions.
FAT Brands Inc. (NASDAQ: FAT), a leading global franchising company, has announced it will host a conference call to review its second quarter 2024 financial results on Wednesday, July 31, 2024 at 5:00 PM ET. The company, which owns iconic brands like Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, and Fazoli's, will issue a press release with the financial results prior to the call. Andy Wiederhorn, Chairman, and Ken Kuick, Co-Chief Executive Officer and Chief Financial Officer, will host the call.
Investors can access the call by dialing 1-844-826-3035 from the U.S. or 1-412-317-5195 internationally. A replay will be available until August 31, 2024. The call will also be webcast live on the company's website at www.fatbrands.com under the "Investors" section, with a replay available shortly after.
Hot Dog on a Stick, a brand owned by FAT Brands (NASDAQ: FAT), has launched a new -time offering: SOUR PATCH KIDS® WATERMELON Lemonade. Available from July 24 to September 30, 2024, at participating locations, this hand-stomped lemonade creation aims to blend nostalgia with refreshment. The new flavor is part of the brand's strategy to keep its signature lemonade offerings fresh yet reminiscent of beloved candy experiences.
Hot Dog on a Stick, founded in 1946 in Santa Monica, CA, has grown to nearly 50 locations. The brand is known for its hand-stomped lemonade, hot dogs on sticks, and cheese on sticks. This new product launch aligns with FAT Brands' broader strategy of acquiring and developing fast casual and quick-service restaurant concepts globally.
Fazoli's, the fast and fresh Italian chain owned by FAT Brands Inc. (NASDAQ: FAT), has launched a summer promotion offering Pizza Baked Spaghetti for $5.99 through September 9, 2024. This special dish combines spaghetti with Pizza Bake Sauce, mozzarella, provolone, and pepperoni, served with free, freshly baked breadsticks.
Tisha Bartlett, VP of Marketing at Fazoli's, emphasized the brand's commitment to providing great value and high-quality food offerings. Fazoli's, founded in 1988, operates over 200 restaurants in 26 states, making it the largest QSR Italian chain in America. The promotion aligns with the company's strategy of offering hearty portions and fresh ingredients at affordable prices.
FAT Brands, a global franchising company, owns 18 restaurant brands and over 2,300 units worldwide, including Fazoli's, Round Table Pizza, Fatburger, and Johnny Rockets among others.
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