Award-Winning Wing Brand Debuts First Theme Park Location LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Hurricane Grill & Wings, the award-winning wing chain owned by FAT Brands Inc. is thrilled to announce the opening of a new location at Six Flags Great Escape Lodge, Lake George's premier family resort destination. As the hotel's brand-new, flagship dining option, the restaurant brings a vibrant, laid-back atmosphere with delicious menu offerings to both resort guests and the Lake George regional community. "This opening marks an exciting milestone for Hurricane Grill & Wings—our first theme park location to date," said President and Chief Operating Officer of Hurricane Grill & Wi

Operating Unit Led by Twin Peaks Restaurants Takes Next Step in Becoming Standalone Public Company LOS ANGELES, Nov. 04, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., (NASDAQ:FAT), a leading global franchising company and parent company of 18 iconic brands, is pleased to announce that Twin Hospitality Group Inc., the operating unit for its Twin Peaks and Smokey Bones restaurant brands, has filed a Form 10 Registration Statement with the Securities and Exchange Commission (SEC). The Form 10 contains a preliminary information statement about the planned distribution to FAT Brands' common shareholders of approximately 5% of the Class A Common Stock of Twin Hospitality

Sister Concepts Double Down on Co-Branded Experience LOS ANGELES, Nov. 01, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Great American Cookies, Marble Slab Creamery and 16 other restaurant concepts, announces the launch of a brand new app experience and loyalty program for sister brands Great American Cookies and Marble Slab Creamery – the Great American Cookies and Marble Slab Creamery Rewards App. The Great American Cookies and Marble Slab Creamery Rewards app creates an engaging digital journey to earn points and rewards for fan-favorite treats from the chains, all in one place. From birthday rewards to discounts for point redemption and more,

Conference call and webcast today at 5:00 p.m. ET LOS ANGELES, Oct. 30, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ:FAT) ("FAT Brands" or the "Company") today reported financial results for the fiscal third quarter ended September 29, 2024. Andy Wiederhorn, Chairman of FAT Brands, said, "Over the last three years, we have expanded our brand portfolio to include 18 distinct concepts while our footprint has increased tenfold, now encompassing over 2,300 locations across more than 40 countries and 49 U.S. states or territories. We opened 22 new units during the third quarter, bringing our year-to-date openings to 71 new units and are on track to end the y

LOS ANGELES, Oct. 30, 2024 (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, Marble Slab Creamery, Johnny Rockets, Twin Peaks, Fazoli's, Smokey Bones and 11 other restaurant concepts, announced today that its Board of Directors has declared the Company's fiscal 2024 fourth quarter cash dividend of $0.14 per share on each outstanding share of Class A common stock and Class B common stock. The dividend is payable on November 29, 2024 to holders of record of Class A common stock and Class B common stock as of the close of business on November 15, 2024. T

LOS ANGELES, Oct. 23, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ:FAT) ("FAT Brands" or the "Company"), 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 the Company will host a conference call to review its third quarter 2024 financial results on Wednesday, October 30, 2024 at 5:00 PM ET. A press release with third quarter 2024 financial results will be issued prior to the conference call that day. The conference call can be accessed live over the phone by dialing 1-877-704-4453 from the U.S. or 1-201-

Italian Chain Rolls Out Three-Day Celebration for Beloved Baked Menu Item LOS ANGELES, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Fazoli's, America's favorite fast and fresh Italian chain, is rolling out a hot deal for its most coveted side item - breadsticks! Available on National Breadstick Day, Oct. 25, and running through Oct. 27, guests can score six FREE breadsticks with any purchase at participating locations, in-store or online, with code BREADSTICK6. Since the inception of Fazoli's over 35 years ago, fans have flocked to the beloved chain for its signature breadsticks, which are always fresh and free with the purchase of any entrée. Served piping hot with the perfect balance of butter a

Fast and Fresh Italian Chain to Make Highly Anticipated Return to State with First Opening in Saratoga Springs LOS ANGELES, Oct. 09, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. parent company of Fazoli's, and 17 other restaurant concepts, announces a new development agreement in partnership with franchisee Valor Acquisitions Group, LLC to bring five Fazoli's locations to Utah over the next five years, with the first unit expected to open in 2025 in Saratoga Springs. "Since acquiring Fazoli's in 2021, we have been committed to growing the brand strategically, in particular, fueling its return to areas with loyal followings such as Utah," said Taylor Wiederhorn,

Sweet Sister Franchises Notch Four Peach State Openings in 2024 LOS ANGELES, Oct. 08, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Great American Cookies, Marble Slab Creamery and 16 other restaurant concepts, announces the opening of four new Great American Cookies and Marble Slab Creamery locations in Georgia. The latest growth is a testament to customer desire for the two brands' complementary treats and FAT Brands' commitment to growth in the state, which is also home to its proprietary cookie dough and pretzel mix facility. Adding to over 50 existing locations in the state, Great American Cookies and Marble Slab Creamery are now open in Carte

Co-Branded Burger and Wing Concept Open First of 10 Planned Units on Caribbean Island LOS ANGELES, Oct. 01, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. announces the opening of the first Fatburger and Buffalo's Express in Puerto Rico. The restaurant is the first of 10 locations set to open on the Caribbean Island in partnership with local franchisee Conceptos Restaurants LLC. The all-new Fatburger and Buffalo's Express is located in Plaza Carolina, Puerto Rico's second largest shopping center known for its exciting dining options, shopping, and cinemas. "We are pleased to kick-off Fatburger's growth in Puerto Rico with our first opening of 10 slated over the n

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Loop Capital initiated coverage of FAT Brands with a rating of Buy and set a new price target of $15.00

Award-Winning Wing Brand Debuts First Theme Park Location LOS ANGELES, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Hurricane Grill & Wings, the award-winning wing chain owned by FAT Brands Inc. is thrilled to announce the opening of a new location at Six Flags Great Escape Lodge, Lake George's premier family resort destination. As the hotel's brand-new, flagship dining option, the restaurant brings a vibrant, laid-back atmosphere with delicious menu offerings to both resort guests and the Lake George regional community. "This opening marks an exciting milestone for Hurricane Grill & Wings—our first theme park location to date," said President and Chief Operating Officer of Hurricane Grill & Wi

Operating Unit Led by Twin Peaks Restaurants Takes Next Step in Becoming Standalone Public Company LOS ANGELES, Nov. 04, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., (NASDAQ:FAT), a leading global franchising company and parent company of 18 iconic brands, is pleased to announce that Twin Hospitality Group Inc., the operating unit for its Twin Peaks and Smokey Bones restaurant brands, has filed a Form 10 Registration Statement with the Securities and Exchange Commission (SEC). The Form 10 contains a preliminary information statement about the planned distribution to FAT Brands' common shareholders of approximately 5% of the Class A Common Stock of Twin Hospitality

Sister Concepts Double Down on Co-Branded Experience LOS ANGELES, Nov. 01, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Great American Cookies, Marble Slab Creamery and 16 other restaurant concepts, announces the launch of a brand new app experience and loyalty program for sister brands Great American Cookies and Marble Slab Creamery – the Great American Cookies and Marble Slab Creamery Rewards App. The Great American Cookies and Marble Slab Creamery Rewards app creates an engaging digital journey to earn points and rewards for fan-favorite treats from the chains, all in one place. From birthday rewards to discounts for point redemption and more,

Conference call and webcast today at 5:00 p.m. ET LOS ANGELES, Oct. 30, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ:FAT) ("FAT Brands" or the "Company") today reported financial results for the fiscal third quarter ended September 29, 2024. Andy Wiederhorn, Chairman of FAT Brands, said, "Over the last three years, we have expanded our brand portfolio to include 18 distinct concepts while our footprint has increased tenfold, now encompassing over 2,300 locations across more than 40 countries and 49 U.S. states or territories. We opened 22 new units during the third quarter, bringing our year-to-date openings to 71 new units and are on track to end the y

LOS ANGELES, Oct. 30, 2024 (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, Marble Slab Creamery, Johnny Rockets, Twin Peaks, Fazoli's, Smokey Bones and 11 other restaurant concepts, announced today that its Board of Directors has declared the Company's fiscal 2024 fourth quarter cash dividend of $0.14 per share on each outstanding share of Class A common stock and Class B common stock. The dividend is payable on November 29, 2024 to holders of record of Class A common stock and Class B common stock as of the close of business on November 15, 2024. T

LOS ANGELES, Oct. 23, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ:FAT) ("FAT Brands" or the "Company"), 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 the Company will host a conference call to review its third quarter 2024 financial results on Wednesday, October 30, 2024 at 5:00 PM ET. A press release with third quarter 2024 financial results will be issued prior to the conference call that day. The conference call can be accessed live over the phone by dialing 1-877-704-4453 from the U.S. or 1-201-

Italian Chain Rolls Out Three-Day Celebration for Beloved Baked Menu Item LOS ANGELES, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Fazoli's, America's favorite fast and fresh Italian chain, is rolling out a hot deal for its most coveted side item - breadsticks! Available on National Breadstick Day, Oct. 25, and running through Oct. 27, guests can score six FREE breadsticks with any purchase at participating locations, in-store or online, with code BREADSTICK6. Since the inception of Fazoli's over 35 years ago, fans have flocked to the beloved chain for its signature breadsticks, which are always fresh and free with the purchase of any entrée. Served piping hot with the perfect balance of butter a

Fast and Fresh Italian Chain to Make Highly Anticipated Return to State with First Opening in Saratoga Springs LOS ANGELES, Oct. 09, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. parent company of Fazoli's, and 17 other restaurant concepts, announces a new development agreement in partnership with franchisee Valor Acquisitions Group, LLC to bring five Fazoli's locations to Utah over the next five years, with the first unit expected to open in 2025 in Saratoga Springs. "Since acquiring Fazoli's in 2021, we have been committed to growing the brand strategically, in particular, fueling its return to areas with loyal followings such as Utah," said Taylor Wiederhorn,

Sweet Sister Franchises Notch Four Peach State Openings in 2024 LOS ANGELES, Oct. 08, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Great American Cookies, Marble Slab Creamery and 16 other restaurant concepts, announces the opening of four new Great American Cookies and Marble Slab Creamery locations in Georgia. The latest growth is a testament to customer desire for the two brands' complementary treats and FAT Brands' commitment to growth in the state, which is also home to its proprietary cookie dough and pretzel mix facility. Adding to over 50 existing locations in the state, Great American Cookies and Marble Slab Creamery are now open in Carte

Co-Branded Burger and Wing Concept Open First of 10 Planned Units on Caribbean Island LOS ANGELES, Oct. 01, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. announces the opening of the first Fatburger and Buffalo's Express in Puerto Rico. The restaurant is the first of 10 locations set to open on the Caribbean Island in partnership with local franchisee Conceptos Restaurants LLC. The all-new Fatburger and Buffalo's Express is located in Plaza Carolina, Puerto Rico's second largest shopping center known for its exciting dining options, shopping, and cinemas. "We are pleased to kick-off Fatburger's growth in Puerto Rico with our first opening of 10 slated over the n

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The Justice Department has charged Fat Brands Inc (NASDAQ:FAT) and its chair Andrew Wiederhorn, alleging a scheme to conceal $47 million in distributions he received in the form of shareholder loans from the IRS, FAT's minority shareholders, and the broader investing public. Wiederhorn, the former CEO and current controlling shareholder of Fat Brands is expected to be arraigned this afternoon in U.S. District Court in downtown Los Angeles. “This defendant, the former CEO of a publicly traded company, is alleged to have engaged in a long-running scheme to defraud investors and the United States Treasury to the tune of millions of dollars,” said U.S. Attorney Martin Estrada.  Separate

Gainers Sweetgreen (NYSE:SG) shares rose 35.7% to $31.98 during Friday's regular session. The company's market cap stands at $3.6 billion. The company's, Q1 earnings came out yesterday. Groupon (NASDAQ:GRPN) stock rose 28.76% to $13.52. The company's market cap stands at $528.5 million. As per the news, the Q1 earnings report came out yesterday. Rent the Runway (NASDAQ:RENT) shares moved upwards by 23.32% to $16.76. The company's market cap stands at $61.5 million. Dixie Gr (NASDAQ:DXYN) stock rose 22.99% to $0.83. The market value of their outstanding shares is at $13.1 million. Visionary Holdings (NASDAQ:GV) shares rose 17.02% to $0.37. The company's market cap stands at $19.2 million

Today Brian Hennigan of Hueston Hennigan LLP, Counsel for FAT Brands Inc., issued the following statement: "Today FAT Brands was informed that it has been indicted on two violations of SOX 402 for arranging approximately $2.65 million in loans to Andy Wiederhorn.These charges are unprecedented, unwarranted, unsubstantiated, and unjust. They are based on conduct that ended over three years ago and ignore the Company's cooperation with the investigation. FAT Brands will take all necessary action to defend itself, while seeking a just resolution to these charges. Since becoming a public company, FAT Brands has grown to at a remarkable pace to encompass 18 brands with $2.5 billion in global sale

https://www.cnbc.com/2024/05/10/fat-brands-chair-andy-wiederhorn-indicted-in-47-million-loan-scheme.html#:~:text=Fat%20Brands%20and%20its%20chair,Exchange%20Commission%20was%20investigating%20him. Fat Brands and its chair Andy Wiederhorn were indicted for a "sham" loan scheme that netted him $47 million.Wiederhorn, 58, stepped down as CEO last year following the company's disclosure that the Securities and Exchange Commission was investigating him.Fat Brands' portfolio includes Fatburger, Johnny Rockets and Twin Peaks.  Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loans from the restaurant co

Hurricane Grill & Wings to debut at Six Flags Great Escape LodgeLOS ANGELES, May 02, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Hurricane Grill & Wings and 17 other restaurant concepts, announces their latest brand to enter the legendary Six Flags properties. Hurricane Grill & Wings, the Florida-born wing brand known for its laid-back environment and award-winning wings, will debut at Six Flags Great Escape Lodge in Queensbury, New York this summer.The latest opening underscores FAT Brands and Six Flags' dynamic partnership and the global franchising company's commitment to growth in non-traditional venues. The new Hurricane Grill & Wings will expa

FAT Brands (NASDAQ:FAT) reported quarterly losses of $(2.05) per share which missed the analyst consensus estimate of $(1.15) by 78.26 percent. This is a 33.99 percent decrease over losses of $(1.53) per share from the same period last year. The company reported quarterly sales of $151.967 million which missed the analyst consensus estimate of $157.675 million by 3.62 percent. This is a 43.78 percent increase over sales of $105.691 million the same period last year.

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