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 company that owns Fatburger, Johnny Rockets and Twin Peaks. Fat Brands, Wiederhorn and a few other people were criminally indicted by a federal grand jury in Los Angeles for wire fraud, tax evasion and other counts related to the alleged scheme. In a separate civil complaint, the Securities and Exchange Commission accused the company and ...

公司概况 - FAT Brands Inc.是一家领先的多品牌餐厅特许经营公司，截至2024年3月31日，公司拥有18个餐厅品牌[88] 财务表现 - 2024年第一季度总收入为1.52亿美元，比2023年同期增长43.8%[92] - 2024年第一季度总成本和费用为1.53亿美元，比去年同期增长45.6%[93] - 广告费用在2024年第一季度增加了210万美元[98] - 2024年第一季度净亏损为3.83亿美元[92] 现金流 - 现金和受限现金余额截至2024年3月31日为9.58亿美元[105] - 2024年第一季度经营活动中净现金流出为2.85亿美元[106] - 2024年第一季度投资活动中净现金流出为800万美元[107] - 2024年第一季度融资活动中净现金流入为4.04亿美元[108]

Hurricane Grill & Wings to debut at Six Flags Great Escape Lodge LOS 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 op ...

FAT Brands' Charitable Organization Fuels Impact at 2024 Conference LOS ANGELES, May 02, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., a leading global franchising company that owns restaurant brands including Johnny Rockets, Fatburger, Round Table Pizza, Twin Peaks, Fazoli's and 13 other concepts, is pleased to announce the FAT Brands Foundation has raised over $130,000 via donations and committed funds at FAT Brands' bi-annual Summit in Las Vegas, Nevada. The Foundation team surpass ...

财务数据和关键指标变化 - 第一季度总收入增长43.8%至1.52亿美元,主要由于2023年第四季度收购Smokey Bones以及新餐厅开业带来的收入增加 [12] - 第一季度EBITDA为940万美元,而上年同期为770万美元,增加170万美元 [13] - 第一季度调整后EBITDA为1,820万美元,而上年同期为1,920万美元 [13][57] - 第一季度净亏损为3,830万美元,或每股2.37美元,而上年同期为3,210万美元,或每股2.05美元 [56] - 第一季度调整后净亏损为3,290万美元,或每股2.05美元,而上年同期为2,350万美元,或每股1.53美元 [56] 各条业务线数据和关键指标变化 - 制造业务第一季度销售额为950万美元,同比增长3.4% [42] - 制造业务第一季度贡献调整后EBITDA 370万美元 [42] - 制造业务目前产能利用率约为45%,较三年前的33%有所提升 [41][61] 各个市场数据和关键指标变化 - 第一季度系统范围内销售额为5.818亿美元,同比增长4.8% [12] - 计划2024年开设125-150家新门店,较2023年增长约20% [14] - 已签约或计划签约超过100家新餐厅的发展协议 [17] - 预计未来新门店开设将带来约5,000万-6,000万美元的额外调整后EBITDA [18] 公司战略和发展方向及行业竞争 - 公司三大战略支柱:1)有机增长 2)通过收购增长 3)提高乔治亚州制造工厂的曲奇和干混产量 [14] - 计划通过收购Smokey Bones来加速Twin Peaks品牌的扩张,预计Smokey Bones将为FAT Brands带来约1,000万美元的额外调整后EBITDA [25][26] - 计划将Smokey Bones的一半以上门店转换为Twin Peaks,以快速扩大Twin Peaks的足迹 [26][27] - 正在推进Twin Peaks的IPO计划,以期为FAT Brands股东创造价值 [29] - 正在评估其他潜在收购目标,要确保目标品牌具有可扩展性和协同性 [40] 管理层对经营环境和未来前景的评论 - 第一季度受到极端天气的影响,导致销售在1月份大幅下滑,但后续已逐步好转 [76][77] - 不同细分市场表现有所差异,快餐和休闲餐饮表现较好,而正餐餐饮受到一定压力 [75][76][77] - 对2024年的新店开业目标保持信心,预计第二季度将开设44家新店 [87][88][89] 问答环节重要的提问和回答 问题1 **Alton Stump 提问** 询问制造工厂的产能利用率情况 [60] **Andy Wiederhorn 回答** 制造工厂目前产能利用率约为45%,未来可通过小额投资将产能翻倍 [61][62][63] 问题2 **Joseph Gomes 提问** 询问Twin Peaks IPO的进展情况 [72] **Andy Wiederhorn 回答** 公司正在积极推进Twin Peaks的IPO,预计将在近期内进行保密申报 [79][80] 问题3 **Joseph Gomes 提问** 询问Smokey Bones门店转换为Twin Peaks的计划 [81] **Andy Wiederhorn 回答** 预计2/3至3/4的Smokey Bones门店将转为加盟店,其余为公司直营店,具体取决于地理位置 [82][83][84][85]

Exhibit 99.1 FAT BRANDS INC. REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS Conference call and webcast today at 5:00 p.m. ET LOS ANGELES (May 1, 2024) – FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) today reported financial results for the fiscal first quarter ended March 31, 2024. “Over the last three years, we have expanded our footprint 10-fold by strategically building a diverse portfolio that now includes 18 iconic concepts spanning over 2,300 locations worldwi ...

Premium Meats, Savory Sundaes and Summery Sips Arrive on Menu Plantation, Fla., May 01, 2024 (GLOBE NEWSWIRE) -- Leave the grilling to the ‘Masters of Meat' this season. Smokey Bones, owned by FAT (Fresh. Authentic. Tasty.) Brands Inc., is rolling out a fresh new menu that reinvents backyard barbecue favorites at an exceptional value. Fans can experience barbecue bliss with Smokey Bones' BBQ Bonanza starting May 1, just in time for National Barbecue Month. "At Smokey Bones, we're all about ‘meating' our gue ...

Hollywood Born Burger Chain Furthers Roots in Texas with Latest Opening LOS ANGELES, April 29, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. announces the opening of its first brick and mortar Fatburger and Buffalo's Express location in San Antonio, in partnership with Brame Brands. The new Fatburger and Buffalo's Express San Antonio restaurant, located at 1604 and Culebra, will serve guests its beloved all-American cuisine, including made-to-order Fatburgers, chicken wings, Fat Fries ...

LOS ANGELES, April 23, 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 second quarter cash dividend of $0.14 per share on each outstanding share of Class A common stock and Cl ...

FAT Brands Inc. (FAT) , the parent company of iconic eateries Fatburger and Round Table Pizza, unveils a strategic move to open 40 new co-branded locations across Northern California. In collaboration with franchisee California Burger, Inc., this initiative aims to blend the California heritage of both brands, leveraging their individual strength to create a compelling culinary experience. Taylor Wiederhorn, Chief Development Officer of FAT Brands, underscores the success witnessed with similar co-branded v ...