Welcome to our dedicated page for Fat Brands news (Ticker: FATBW), a resource for investors and traders seeking the latest updates and insights on Fat Brands stock.
FATBW is the ticker for warrants to purchase Class A Common Stock of FAT Brands Inc., a global restaurant franchising company that regularly issues news about its multi-brand portfolio and corporate developments. The FAT Brands news flow covers a wide range of topics tied to its restaurant concepts and financing activities, providing context for how the business operates and evolves.
Press releases frequently highlight brand-level promotions and growth, such as Pretzelmaker offers for National Pretzel Day, Great American Cookies and Marble Slab Creamery reaching location milestones in markets like the Houston area, and Fazoli’s opening new restaurants in additional U.S. cities. Other announcements describe expansion plans for Fatburger in international markets, as well as non-traditional locations like airport employee dining halls.
Investors and followers of FATBW can also find corporate and capital markets updates in the news stream. Examples include amendments to the Fazoli’s whole business securitization credit facility, disclosures about discussions with noteholders, and earnings-related announcements where the company releases financial results and supplemental information. Leadership changes, such as the appointment of a President and Chief Executive Officer, are reported through Form 8-K filings and associated communications.
In addition, FAT Brands publishes updates on broader initiatives, such as accepting Bitcoin for franchisee royalty payments and the activities of the FAT Brands Foundation, which supports local non-profits in communities where the company operates. Readers who follow FATBW news can use this page to track restaurant brand promotions, unit growth, financing developments, governance changes, and community-focused efforts associated with FAT Brands Inc.
Summary not available.
FAT Brands Inc., the parent company of Johnny Rockets, is expanding its international presence with a new location at Kempegowda International Airport in Bengaluru, India. This restaurant, part of a partnership with HMSHost, will serve classic American fare such as made-to-order burgers and hand-spun shakes. According to COO Jake Berchtold, this expansion into non-traditional venues reflects a significant growth strategy for the brand. The new outlet is positioned to cater to the rising demand in the air travel sector, particularly with the recent opening of Terminal 2 at Bengaluru Airport. Operating hours for the new location will be from 2 a.m. to 12 a.m. daily. This marks another step in Johnny Rockets’ commitment to delivering quality dining experiences in diverse locations worldwide.
FAT Brands is set to celebrate the grand reopening of its iconic Hot Dog on a Stick location at Muscle Beach on April 22, 2023. The event marks the brand's anniversary, having originally opened in 1946. Between 2:00 p.m. and 4:00 p.m., attendees can enjoy free small Original Lemonades and participate in lemon stomping activities. The celebration also welcomes former employees, known as 'Hotdoggers', and offers giveaways including exclusive merchandise. FAT Brands, recognized for its diverse portfolio of more than 17 restaurant brands, emphasizes the cultural significance of Hot Dog on a Stick in American food history. The event, supported by partners Limoneira and HEINZ, represents a strategic marketing push to strengthen customer engagement and brand loyalty.
FAT Brands Inc. (NASDAQ: FAT) has announced a cash dividend of $0.14 per share for the second quarter of fiscal 2023, payable on June 1, 2023, to shareholders on record by May 15, 2023. The declaration of future dividends is subject to the discretion of the Board of Directors, dependent on the company’s financial performance and operational needs. FAT Brands operates a diverse portfolio of restaurant franchises, including iconic brands such as Round Table Pizza and Fatburger, with over 2,300 units worldwide. Shareholders should be aware that future dividend payments are not guaranteed and may vary based on the company's performance.
Great American Cookies is celebrating Tax Day with a special promotion on April 18, 2023. Customers can enjoy a buy one, get one free offer on their Cookie Cake Slices at participating locations. This initiative aims to provide a sweet relief on a typically stressful day, featuring the beloved Chocolate Chip Cookie Cake. The company, known for its Original Cookie Cake, emphasizes customer appreciation with this special deal.
FAT Brands, the parent company of Great American Cookies, operates over 2,300 restaurant units globally and continues to expand its franchise portfolio. The promotion aligns with their strategy to enhance customer engagement and drive store traffic.
FAT Brands has announced the launch of new cookie offerings at Elevation Burger, including fresh-baked Chocolate Chip Cookies and Chocolate Chip Cookie Ice Cream Sandwiches. This expansion aims to enhance Elevation Burger's dessert menu and leverage synergies from FAT Brands' cookie dough manufacturing facility in Georgia. The initiative is part of a growth strategy that emphasizes collaboration among the various brands under FAT Brands' umbrella. Taylor Fischer, Vice President of Marketing, highlighted the importance of this collaboration for both Elevation Burger and FAT Brands.
FAT Brands has announced a development deal to open 20 new franchised Johnny Rockets locations in Mexico over the next 10 years, complementing the 25 existing units. This partnership with Virko Restaurantes S.A. de C.V. aims to enhance the brand's iconic presence, known for its all-American dishes like burgers and shakes. Chief Development Officer Taylor Wiederhorn highlighted the brand's success in Mexico since its launch in 1991, noting travelers’ enthusiasm for Johnny Rockets in airports. The expansion reflects FAT's broader strategy, with over 2,300 units globally across 17 restaurant brands.
FAT Brands Inc. announced the formation of the FAT Brands Foundation, a 501(c)(3) charitable organization, aimed at enhancing community engagement in areas where the company operates. Launched with a $250,000 initial donation, the foundation seeks to partner with local non-profits to deliver programs that benefit families and communities. Jessica Wiederhorn, President of the Foundation, emphasized the company's commitment to giving back and fostering positive impacts in local markets. The foundation's mission is to effectively support various community needs through dedicated efforts and ongoing assistance from FAT Brands.
Pretzelmaker has opened its first drive-thru location in Mason City, IA, partnering with franchisee Mark Frandle. This new venture offers an all-day menu featuring items like Pretzel Bites, breakfast sandwiches on pretzel rolls, and Pretzel Flatbread Pizzas.
The Fresh Twist brand was launched in 2018 to meet the demand for breakfast and late-night options. The drive-thru format is expected to enhance accessibility for on-the-go customers.
Located at 1620 S. Federal Avenue, the new restaurant operates Monday-Saturday, 10 AM to 7 PM, and Sunday, 11 AM to 5 PM.
FAT Brands has announced a new development deal to open 10 co-branded locations of Great American Cookies and Marble Slab Creamery in Puerto Rico within five years. The first two stores are expected to launch by 2024, in partnership with Conceptos Restaurants LLC. This expansion highlights FAT Brands' commitment to growth in Puerto Rico, with additional plans for 10 new Fatburger and Buffalo’s Express locations. Established in 1977, Great American Cookies is renowned for its Original Cookie Cake and chocolate chip cookies, while Marble Slab Creamery is known for its homemade ice cream and mix-ins.