Latest news with #FAT
Yahoo
5 days ago
- Business
- Yahoo
FAT Brands Inc. Announces Participation at the Noble Capital Markets Emerging Growth Equity Virtual Conference
LOS ANGELES, CA, June 03, 2025 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), a leading global franchising company and parent company of iconic brands including Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, Fazoli's and 13 other restaurant concepts, today announced that Andy Wiederhorn, Chairman, and Ken Kuick, Co-Chief Executive Officer and Chief Financial Officer, will present at Noble Capital Markets' Emerging Growth Virtual Equity Conference on Thursday, June 5, 2025, at 1:00 PM Eastern Standard Time. Scheduled 1x1 meetings with the Company are also available for registered, qualified investor attendees. Attendees interested in viewing the live presentation can register for this event, at no cost, here: Virtual Equity Conference Registration A video webcast of the presentation will be available following the event on the Company's website and as part of a complete catalog of presentations available on Channelchek the investor portal created by Noble. The webcast will be archived on the company's website and on for 90 days following the event. About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli's, Twin Peaks, Smokey Bones, Great American Cookies, Hot Dog on a Stick, Buffalo's Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses and franchises and owns approximately 2,300 units more information on FAT Brands, please visit About Noble Capital Markets Established in 1984, Noble Capital Markets is an SEC / FINRA registered full-service investment bank and advisory firm with an award-winning research team and proprietary investor distribution platform. We deliver middle market expertise to entrepreneurs, corporations, financial sponsors, and investors. Over the past 40 years, Noble has raised billions of dollars for companies and published more than 45,000 equity research reports. About Channelchek Noble launched in 2018 – an investor community dedicated exclusively to public emerging growth companies and their industries. Channelchek is the first service to offer institutional-quality research to the public, for FREE at every level without a subscription. More than 7,000 public emerging growth companies are listed on the site, and content including equity research, webcasts, and industry articles. Investor Relations: ICRMichelle MichalskiIR-FATBrands@ Media Relations:Erin Mandzikemandzik@ ###
Yahoo
09-05-2025
- Business
- Yahoo
FAT Brands Inc (FAT) Q1 2025 Earnings Call Highlights: Navigating Challenges with Strategic ...
Total Revenue: USD142 million, a 6.5% decrease from USD152 million in the same period last year. System-Wide Sales: USD571.1 million, down 1.8% compared to the previous year's quarter. Adjusted EBITDA: USD11.1 million, compared to USD18.2 million in last year's quarter. Same Store Sales (Casual Dining Segment): Increased approximately 1.6%. New Store Openings: 23 units opened in Q1, a 37% increase from Q1 2024. Round Table Pizza Same Store Sales: 0.6% increase in the first quarter. Digital Sales (Round Table Pizza): Increased 5% sequentially from Q4 to Q1 2025. Net Loss Attributable to FAT Brands: USD46 million or USD2.73 per diluted share. General and Administrative Expense: Increased to USD33 million from USD30 million in the prior year quarter. Cost of Restaurant and Factory Revenues: Decreased to USD96.1 million from USD99.1 million in the prior year quarter. Advertising Expense: Decreased to USD11.1 million from USD12.6 million in the prior year period. Total Other Expense (Net): USD36 million, compared to USD33.4 million in last year's quarter. Warning! GuruFocus has detected 8 Warning Signs with FAT. Release Date: May 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. FAT Brands Inc (NASDAQ:FAT) has a robust development pipeline with commitments for over 1,000 new locations, indicating strong future growth potential. The company successfully opened 23 new units in Q1 2025, a 37% increase from Q1 2024, showcasing effective expansion efforts. Digital sales at Round Table Pizza increased by 5% sequentially from Q4 2024 to Q1 2025, reflecting strong digital engagement. Co-branding initiatives are progressing well, with successful launches of co-branded and tri-branded models, enhancing market presence. The Georgia production facility is performing well, with USD8.8 million in first-quarter sales and a 35% margin, indicating strong operational efficiency. Total revenue for Q1 2025 decreased by 6.5% compared to the same period last year, reflecting challenges in maintaining sales momentum. Net loss attributable to FAT Brands was USD46 million, an increase from the USD38.3 million loss in the prior year quarter, indicating financial strain. General and administrative expenses increased to USD33 million due to higher professional fees, impacting overall profitability. The company paused its common dividend and started accruing the Series B preferred dividend, reflecting financial constraints. Market volatility has delayed the company's ability to raise equity, impacting plans to reduce outstanding debt. Q: Can you provide details on the expected impact of increasing the utilization of the cooking facility from 40-45% to 60-70%? A: Andrew Wiederhorn, Chairman of the Board, President: Our goal is to increase the facility's revenue from USD15 million to USD25 million annually. Achieving this utilization could potentially generate over USD300 million in proceeds for debt reduction. Q: How is the current consumer environment affecting your brands, and what strategies are you implementing to address this? A: Andrew Wiederhorn, Chairman of the Board, President: Consumer confidence is mixed, with fluctuations in traffic. We focus on providing great food and experiences to justify prices, as consumers are sensitive to pricing. We are trying different initiatives to drive traffic and offer value. Q: What is the status of the equity raise following the Twin Peaks spinoff, and are there any deadlines? A: Andrew Wiederhorn, Chairman of the Board, President: There is no immediate deadline. The equity markets are currently volatile, and we are waiting for conditions to improve. We are in discussions to refinance remaining securitization silos ahead of the July 2026 repayment date. Q: Can you explain the factors contributing to the decline in revenue and same-store sales? A: Andrew Wiederhorn, Chairman of the Board, President: The decline is primarily due to the closure of Smokey Bones locations for conversion into Twin Peaks lodges and lower same-store sales. We plan to convert about half of the Smokey Bones locations into Twin Peaks. Q: What is the expected timeline for achieving the additional USD15 million in adjusted EBITDA from new stores and the factory? A: Andrew Wiederhorn, Chairman of the Board, President: We expect to achieve this over the next 24 months, driven by new store openings and incremental growth at the factory. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
21-04-2025
- Business
- Yahoo
Great American Cookies and Marble Slab Creamery Reach 80th Location Milestone in Houston Area
Sweet Treat Concepts Continue Strong Growth Trajectory in Texas LOS ANGELES, April 21, 2025 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., announces a new growth milestone for sister concepts Great American Cookies and Marble Slab Creamery, the opening of their 80th location in the Houston area, including both co-branded and standalone locations. Recent openings include two co-branded Great American Cookies and Marble Slab Creamery stores in Houston, TX and Magnolia, TX. 'Houston continues to be a key expansion hub for Great American Cookies and Marble Slab Creamery,' said Allison Lauenstein, President of Great American Cookies and Marble Slab Creamery. 'This incredible achievement is a testament to the unwavering support of our loyal fans who we aim to celebrate every day with our beloved Cookie Cakes and indulgent Ice Cream treats. As we grow, our commitment to delivering our hand-crafted desserts remains stronger than ever.' Since 1977, Great American Cookies has baked up a reputation for not only being the creator of the Original Cookie Cake, but also for its famous chocolate chip cookie recipe. Other craveable menu items include brownies and Double Doozies™, made with delectable icing sandwiched between two cookies. For over 40 years, Marble Slab Creamery has been an innovator in the ice cream space, dreaming up the frozen slab technique and offering homemade, small-batch Ice Cream with free unlimited Mix-Ins, Shakes in a variety of flavors, and Ice Cream Cakes. For more information on Great American Cookies, visit For more information on Marble Slab Creamery, visit About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli's, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo's Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit About Great American Cookies Founded on a family chocolate chip cookie recipe in 1977, Great American Cookies believes that pure, simple delight is part of living a full life. Serving the Original Cookie Cake, fresh baked cookies in a variety of flavors, brownies, and Double Doozies™, we promise to treat you to bites of bliss that prove how sweet life can be. With more than 400 bakeries across the country and internationally in Bahrain, Guam, Saudi Arabia, and treats available to ship right to your door, the sweet spot is always close to home. For more information, visit About Marble Slab Creamery Since dreaming up the frozen slab technique and serving fresh homemade, small-batch Ice Cream in-store since 1983, Marble Slab Creamery has always known how to dream big. We sprinkle our customers with imagination and promise to inspire with infinite ice cream possibilities to feed your curiosity and capture cravings. With our free unlimited Mix-in philosophy, delicious Ice Cream and Shakes in a variety of flavors, hand-rolled waffle cones, and Ice Cream Cakes, imagination has no limits. Today, Marble Slab Creamery is enjoyed by consumers across the globe with locations in Bahrain, Canada, Kuwait, Saudi Arabia, Puerto Rico, and the United States. For more information, visit MEDIA CONTACT: Erin Mandzik, FAT Brandsemandzik@ 860-212-6509Sign in to access your portfolio
Yahoo
26-03-2025
- Business
- Yahoo
Fatburger Lands at Dallas Fort Worth International Airport
Beloved Burger Brand Opens New Non-Traditional Model for Airport Employees at American Airlines Terminal LOS ANGELES, March 26, 2025 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger and 17 other restaurant concepts, announces the opening of a new Fatburger location at Dallas Fort Worth International Airport in the American Airlines' employee dining hall. The opening is in partnership with Bankhead Food Group LLC, which has a connection to several brick-and-mortar locations across Texas, and Gideon Toal Management Services, a leading airport lounge and concessions management company. To date, this marks the first restaurant franchise in an employee cafeteria at the airport. Known for its delicious, grilled-to-perfection and cooked to order burgers, the new Fatburger has an array of burger options to fuel all cravings—from the Original Fatburger to Turkeyburgers to Impossible Burgers. The menu also includes Fat and Skinny Fries and hand-scooped milkshakes made from 100% real ice cream. 'We see great strategic value in our opening at Dallas Fort Worth International Airport,' said Jake Berchtold, COO of FAT Brands' Fast Casual Division. 'This is a new form of growth for us that we see significant potential with across other airports as our burgers and fries make for the perfect, on-the-go meal. Similarly, our partners for this opening bring a wealth of experience to the table that will be invaluable as we look to scale the model.' For more information or to find a Fatburger near you, visit ### About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual, quick-service, casual and polished casual dining restaurant concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli's, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo's Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit About Fatburger An all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer's liking. With a legacy spanning over 70 years, Fatburger's extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambiance, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand™. Gideon Toal Management Services Founded in 1996, GTMS operates airport lounges at 20 locations in 13 domestic U.S. airports including Dallas Fort Worth International, and has earned numerous prestigious aviation awards for exceptional customer service since 1996. MEDIA CONTACT: Erin Mandzik, FAT Brandsemandzik@ in to access your portfolio
Yahoo
26-02-2025
- Business
- Yahoo
Great American Cookies and Marble Slab Creamery Open New Co-Branded Location in Ohio
FAT Brands' Complementary Sweet Treat Concepts Open New Store Together in Dayton Area LOS ANGELES, Feb. 26, 2025 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., announces the opening of a new co-branded Great American Cookies and Marble Slab Creamery location in Huber Heights, OH. The new store is the first co-branded Great American Cookies and Marble Slab Creamery location to open in the Buckeye State, with additional Great American Cookies' locations in Columbus and Dublin. The Huber Heights location brings both sister brands together in one delicious destination, offering fan-favorite items such as Cookie Cakes, homemade Ice Cream with unlimited Mix-Ins and more. 'As we continue to grow our co-branded footprint of Great American Cookies and Marble Slab Creamery, we are pleased to introduce locals to the integrated experience of having the two sweet treat concepts combined,' said Allison Lauenstein, President of Great American Cookies and Marble Slab Creamery. 'Fans can now enjoy Marble Slab Creamery's delicious, homemade ice cream in addition to the ultimate combination of cookies and ice cream paired together such as Create Your Own Cookie Shakes and Ice Cream Sandwiches.' Since 1977, Great American Cookies has baked up a reputation for not only being the creator of the Original Cookie Cake, but also for its famous chocolate chip cookie recipe. Other craveable menu items include brownies and Double Doozies™, made with delectable icing sandwiched between two cookies. For over 40 years, Marble Slab Creamery has been an innovator in the ice cream space, dreaming up the frozen slab technique and offering homemade, small-batch Ice Cream with free unlimited Mix-Ins, Shakes in a variety of flavors, and Ice Cream Cakes. The new Great American Cookies and Marble Slab Creamery is located at 7624 Old Troy Pike, Huber Heights, OH 45424 and is open Monday through Saturday, 11:00 a.m. to 9:00 p.m. and Sunday, 11:00 a.m. to 7:00 p.m. For more information on Great American Cookies, visit For more information on Marble Slab Creamery, visit About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli's, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo's Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit About Great American Cookies Founded on a family chocolate chip cookie recipe in 1977, Great American Cookies believes that pure, simple delight is part of living a full life. Serving the Original Cookie Cake, fresh baked cookies in a variety of flavors, brownies, and Double Doozies™, we promise to treat you to bites of bliss that prove how sweet life can be. With more than 400 bakeries across the country and internationally in Bahrain, Guam, Saudi Arabia, and treats available to ship right to your door, the sweet spot is always close to home. For more information, visit About Marble Slab Creamery Since dreaming up the frozen slab technique and serving fresh homemade, small-batch Ice Cream in-store since 1983, Marble Slab Creamery has always known how to dream big. We sprinkle our customers with imagination and promise to inspire with infinite ice cream possibilities to feed your curiosity and capture cravings. With our free unlimited Mix-in philosophy, delicious Ice Cream and Shakes in a variety of flavors, hand-rolled waffle cones, and Ice Cream Cakes, imagination has no limits. Today, Marble Slab Creamery is enjoyed by consumers across the globe with locations in Bahrain, Canada, Kuwait, Saudi Arabia, Puerto Rico, and the United States. For more information, visit MEDIA CONTACT: Erin Mandzik, FAT Brandsemandzik@ 860-212-6509
