Latest news with #FATBrands
Business Upturn
3 days ago
- Business
- Business Upturn
FAT Brands Opens First Co-Branded Round Table Pizza and Fatburger in California
Iconic Pizza Chain Adds Sizzling Hot Burger Chain to Rancho Cordova Location LOS ANGELES, Aug. 08, 2025 (GLOBE NEWSWIRE) — FAT Brands Inc., FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Round Table Pizza, and 16 other restaurant concepts, announces the opening of its first co-branded Round Table Pizza and Fatburger in California in Rancho Cordova. With the addition of sister brand Fatburger, guests can now enjoy fresh, new menu additions including the chain's beloved custom-built burgers, fries and hand-scooped milkshakes. 'There's nothing better than seeing two iconic brands unite under one roof, especially in their home state,' said Jake Berchtold, COO of FAT Brands' Fast Casual Division. 'This opening also represents the first-ever Fatburger addition to an existing Round Table Pizza location – a strategic growth initiative we plan to continue expanding, particularly throughout California.' Recognized as a Hollywood-favorite, Fatburger is best known for its grilled-to-perfection and cooked-to-order burgers, which can be customized with signature toppings including bacon, eggs, chili, and onion rings. To celebrate Fatburger's debut at the restaurant, a grand opening celebration will be held on Saturday, Aug. 9 from 11:30 a.m. to 2:30 p.m., with the first 100 customers receiving a free Original Fatburger. Guests can also enjoy a free order of Fat or Skinny Fries with any purchase in addition to other prizes and celebratory activities all day long. The Round Table Pizza and Fatburger Rancho Cordova restaurant is located at 2234 Sunrise Blvd., Rancho Cordova, CA 95670, and is open Sunday through Thursday, 11:00 a.m. to 9:00 p.m., and Friday and Saturday, 11:00 a.m. to 10:00 p.m. ### 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 Round Table Pizza Inspired by the honor, valor, and revelry of the Knights of the Round Table, Round Table Pizza's® superior pizza and commitment to quality and authenticity have earned the reputation of 'Pizza Royalty™' for over 60 years. With approximately 400 restaurants across the United States, Round Table celebrates community, family, and making merry. For more information, 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™. MEDIA CONTACT: Erin Mandzik, FAT Brands [email protected] 860-212-6509
Associated Press
3 days ago
- Business
- Associated Press
FAT Brands Opens First Co-Branded Round Table Pizza and Fatburger in California
Iconic Pizza Chain Adds Sizzling Hot Burger Chain to Rancho Cordova Location LOS ANGELES, Aug. 08, 2025 (GLOBE NEWSWIRE) -- FAT Brands Inc., FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Round Table Pizza, and 16 other restaurant concepts, announces the opening of its first co-branded Round Table Pizza and Fatburger in California in Rancho Cordova. With the addition of sister brand Fatburger, guests can now enjoy fresh, new menu additions including the chain's beloved custom-built burgers, fries and hand-scooped milkshakes. 'There's nothing better than seeing two iconic brands unite under one roof, especially in their home state,' said Jake Berchtold, COO of FAT Brands' Fast Casual Division. 'This opening also represents the first-ever Fatburger addition to an existing Round Table Pizza location – a strategic growth initiative we plan to continue expanding, particularly throughout California.' Recognized as a Hollywood-favorite, Fatburger is best known for its grilled-to-perfection and cooked-to-order burgers, which can be customized with signature toppings including bacon, eggs, chili, and onion rings. To celebrate Fatburger's debut at the restaurant, a grand opening celebration will be held on Saturday, Aug. 9 from 11:30 a.m. to 2:30 p.m., with the first 100 customers receiving a free Original Fatburger. Guests can also enjoy a free order of Fat or Skinny Fries with any purchase in addition to other prizes and celebratory activities all day long. The Round Table Pizza and Fatburger Rancho Cordova restaurant is located at 2234 Sunrise Blvd., Rancho Cordova, CA 95670, and is open Sunday through Thursday, 11:00 a.m. to 9:00 p.m., and Friday and Saturday, 11:00 a.m. to 10:00 p.m. ### 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 Round Table Pizza Inspired by the honor, valor, and revelry of the Knights of the Round Table, Round Table Pizza's® superior pizza and commitment to quality and authenticity have earned the reputation of 'Pizza Royalty™" for over 60 years. With approximately 400 restaurants across the United States, Round Table celebrates community, family, and making merry. For more information, 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™. MEDIA CONTACT: Erin Mandzik, FAT Brands [email protected] 860-212-6509
Yahoo
3 days ago
- Business
- Yahoo
FAT Brands Opens First Co-Branded Round Table Pizza and Fatburger in California
Iconic Pizza Chain Adds Sizzling Hot Burger Chain to Rancho Cordova Location LOS ANGELES, Aug. 08, 2025 (GLOBE NEWSWIRE) -- FAT Brands Inc., FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Round Table Pizza, and 16 other restaurant concepts, announces the opening of its first co-branded Round Table Pizza and Fatburger in California in Rancho Cordova. With the addition of sister brand Fatburger, guests can now enjoy fresh, new menu additions including the chain's beloved custom-built burgers, fries and hand-scooped milkshakes. 'There's nothing better than seeing two iconic brands unite under one roof, especially in their home state,' said Jake Berchtold, COO of FAT Brands' Fast Casual Division. 'This opening also represents the first-ever Fatburger addition to an existing Round Table Pizza location – a strategic growth initiative we plan to continue expanding, particularly throughout California.' Recognized as a Hollywood-favorite, Fatburger is best known for its grilled-to-perfection and cooked-to-order burgers, which can be customized with signature toppings including bacon, eggs, chili, and onion rings. To celebrate Fatburger's debut at the restaurant, a grand opening celebration will be held on Saturday, Aug. 9 from 11:30 a.m. to 2:30 p.m., with the first 100 customers receiving a free Original Fatburger. Guests can also enjoy a free order of Fat or Skinny Fries with any purchase in addition to other prizes and celebratory activities all day long. The Round Table Pizza and Fatburger Rancho Cordova restaurant is located at 2234 Sunrise Blvd., Rancho Cordova, CA 95670, and is open Sunday through Thursday, 11:00 a.m. to 9:00 p.m., and Friday and Saturday, 11:00 a.m. to 10:00 p.m. ### 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 Round Table Pizza Inspired by the honor, valor, and revelry of the Knights of the Round Table, Round Table Pizza's® superior pizza and commitment to quality and authenticity have earned the reputation of "Pizza Royalty™" for over 60 years. With approximately 400 restaurants across the United States, Round Table celebrates community, family, and making merry. For more information, 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™. MEDIA CONTACT: Erin Mandzik, FAT Brandsemandzik@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
04-08-2025
- Business
- Globe and Mail
FAT Brands Announces Proposed Settlement of Stockholder Derivative Lawsuits
LOS ANGELES, Aug. 04, 2025 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (the 'Company') announced today that it has entered into a stipulation of settlement to resolve two stockholder derivative lawsuits pending in the Court of Chancery of the State of Delaware (the "Court") on behalf of the Company against certain current and former directors and officers of the Company. The stockholder derivative claims were filed in June 2021 (Case No. 2021-0511-NAC, relating to the Company's December 2020 merger with Fog Cutter Capital Group), and March 2022 (Case No. 2022-0254-NAC, relating to the Company's June 2021 recapitalization). The settlement will resolve all claims asserted against the named defendants in the derivative lawsuits without any liability or wrongdoing attributed to them personally or the Company. Under the terms of the proposed settlement, the Company's Board of Directors agreed to adopt and implement certain corporate governance modifications. In addition, the Company's insurers will pay to the Company $10 million, from which fees and expenses of plaintiffs' counsel will be deducted, and Fog Cutter Holdings LLC will contribute 200,000 shares of Twin Hospitality Group Inc. (NASDAQ: TWNP), to the Company. The settlement is subject to approval of the Court, and non-objection by the United States. 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 Forward Looking Statements This news release contains forward-looking statements within the meaning of certain securities laws, including the Private Securities Litigation Reform Act of 1995, including statements regarding the agreement to settle the pending derivative lawsuits, and other statements that are not purely historical facts. These statements involve risks and uncertainties, including, among others, the uncertainty of obtaining court approval and non-objection by the United States of the proposed settlement, whether any proposed settlement is appealed, and the timing of the settlement payment. There can be no assurance that the litigation will be finally resolved in accordance with the agreement or at all. For a further description of additional risks and uncertainties relating to the business of the Company, see the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Any forward-looking statements are made only as of the date hereof and the Company does not intend to update or revise any of them, except as required by law.
Yahoo
01-08-2025
- Business
- Yahoo
FAT Brands Inc. (FAT) Reports Q2 Loss, Beats Revenue Estimates
FAT Brands Inc. (FAT) came out with a quarterly loss of $3.17 per share versus the Zacks Consensus Estimate of a loss of $2.56. This compares to a loss of $2.43 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -23.83%. A quarter ago, it was expected that this company would post a loss of $2.4 per share when it actually produced a loss of $2.73, delivering a surprise of -13.75%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. FAT Brands, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $146.84 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.14%. This compares to year-ago revenues of $152.04 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. FAT Brands shares have lost about 55.3% since the beginning of the year versus the S&P 500's gain of 8.2%. What's Next for FAT Brands? While FAT Brands has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for FAT Brands was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$2.41 on $145.75 million in revenues for the coming quarter and -$9.92 on $578.27 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Restaurants is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Yum Brands (YUM), is yet to report results for the quarter ended June 2025. The results are expected to be released on August 5. This parent company of KFC, Taco Bell and Pizza Hut is expected to post quarterly earnings of $1.45 per share in its upcoming report, which represents a year-over-year change of +7.4%. The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level. Yum Brands' revenues are expected to be $1.93 billion, up 9.5% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FAT Brands Inc. (FAT) : Free Stock Analysis Report Yum! Brands, Inc. (YUM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
