Trade FAT Brands Inc. - FATBB CFD

FAT Brands Inc. Company profile

About FAT Brands Inc

FAT Brands Inc. is a multi-brand restaurant franchising company. The Company acquires, markets and develops fast casual, quick-service, casual and polished casual dining restaurant concepts around the world. It owns approximately 16 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Yalla Mediterranean, Ponderosa and Bonanza Steakhouses. Fatburger is a hamburger restaurant, which offers a variety of freshly made-to-order, customizable, big, juicy, and tasty Fatburgers, Turkeyburgers, Chicken Sandwiches, Impossible Burgers and others. Johnny Rockets is a restaurant franchise that offers menu items, including Certified Angus Beef cooked-to-order hamburgers, Boca Burger, chicken sandwiches, crispy fries and rich, delicious hand-spun shakes and malts. The Company also franchises over 2,300 units worldwide.

Financial summary

BRIEF: For the 39 weeks ended 26 September 2021, FAT Brands Inc revenues increased from $11.6M to $44.7M. Net loss applicable to common stockholders increased 67% to $12M. Revenues reflect United States (Country) segment increase from $9.8M to $37.4M, Other countries segment increase from $1.8M to $7.3M. Higher net loss reflects General and administrative expense increase from $10.6M to $23.4M (expense), Interest expense.