Fat Brands Stock Price, News & Analysis

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.

Fatburger, owned by FAT Brands Inc. (NASDAQ: FAT), is introducing new menu items for summer. The chain is launching Hand-Breaded Crispy Chicken Strips and Nashville Hot Chicken Strips made with Frank's RedHot® Nashville Hot Seasoning. Additionally, customers can add the Nashville Hot Seasoning to sides like Skinny Fries, Fat Fries, Sweet Potato Fries, and Onion Rings.

These new offerings will be available from July 23 through December 31, 2024, at participating locations. The collaboration with Frank's RedHot aims to satisfy customers' craving for spicy options. FAT Brands, a global franchising company, owns 18 restaurant brands and over 2,300 units worldwide.

Fatburger and Buffalo's Express, owned by FAT Brands Inc. (NASDAQ: FAT), are celebrating National Chicken Wing Day with a special promotion and giveaway. From July 29 to August 4, customers can receive free three-piece wings with any Fatburger Meal purchase when ordering online using the code WINGMAN24.

Additionally, the brands are offering a chance to win a custom Chicken Wing Bling necklace. To enter, fans must follow Fatburger on Instagram and comment/tag a friend on their National Chicken Wing Day Giveaway post on July 29. This promotion aims to boost engagement and celebrate the brands' commitment to their products.

FAT Brands, a global franchising company, owns 18 restaurant brands and over 2,300 units worldwide, including Fatburger and Buffalo's Express.

FAT Brands (NASDAQ: FAT), a global franchising leader, has announced a cash dividend of $0.14 per share for Q3 fiscal 2024. This dividend applies to both Class A and Class B common stocks, payable on August 30, 2024, to shareholders on record as of August 15, 2024. The company's board retains discretion over future dividend declarations, dependent on various financial conditions and results. FAT Brands oversees 18 restaurant brands, including Fatburger and Johnny Rockets, with over 2,300 units worldwide. The announcement underscores FAT Brands' ongoing commitment to returning value to shareholders.