FAT Brands Inc. Class B Common Stock Ex-distribution When-Issued
FATBV
NASDAQ4.78
USD
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FAT Brands Inc. Class B Common Stock Ex-distribution When-Issued
FATBV
(NASDAQ)
Recent
price
4.78
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- FAT Brands Inc. is a multi-brand restaurant franchising company that acquires, develops, markets, and manages quick-service, fast casual, casual dining, and polished casual dining concepts worldwide. The company franchises and operates over 2,300 units across 18 brands, including 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, Ponderosa and Bonanza Steakhouses; it provides franchisees with training, marketing, logistics, construction, purchasing, architecture, design, and operational support, while maintaining manufacturing capabilities such as a 40,000 square-foot facility in Atlanta, Georgia, producing cookie and pretzel dough in 26 flavors. FAT Brands generates revenue primarily through initial franchise fees, ongoing royalties, and direct ownership of select locations, with majority sales from the United States, supplemented by operations in Canada and other international markets; it operates as a subsidiary of Fog Cutter Holdings, LLC, employs approximately 7,131 people, and is headquartered at 9720 Wilshire Boulevard, Suite 500, Beverly Hills, California, where it was incorporated in 2017. In recent developments, the company announced a spin-off distribution of Twin Hospitality Group Inc. Class A Common Stock, establishing ex-distribution when-issued trading for FAT Brands Class B Common Stock (FATBV) starting January 28, 2025; it reported fiscal second quarter 2025 results with total revenue of $146.8 million, 18 new store openings including co-branded Marble Slab Creamery and Great American Cookies locations, a pipeline of roughly 1,000 signed deals targeting over 100 openings for the year, a development deal for 40 additional Fatburger locations in Florida over the next decade, bondholder agreements converting amortizing bonds to interest-only for $30-40 million in annual cash flow savings, over $5 million in G&A reductions, and plans to expand manufacturing capacity through strategic partnerships, alongside acquisitions such as Smokey Bones and conversions of Nestlé Toll House Café sites into Great American Cookies shops.