fat brands inc. is a leading, global, multi-brand, restaurant franchising company that strategically develops, markets, and acquires restaurant concepts worldwide. we currently operate fatburger, buffalo’s cafe, buffalo's express and the ponderosa & bonanza steakhouse concepts, with over 300 locations world-wide. our passionate and dedicated in-house support teams work across all brands. the operations, construction, purchasing, architecture & design, kitchen design, training, logistics and marketing departments are highly experienced and dedicated to helping our franchisees achieve their entrepreneurial goals. our franchisees are in business for themselves, not by themselves. our strategically aligned, complimentary restaurant concepts, provide our franchisees the opportunity for continued growth within the markets they develop, across multiple brands and industry segments, while diversifying their portfolio of brands.
Company profile
Ticker
FAT, FATBB
Exchange
Website
CEO
Andrew A. Wiederhorn
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
1.FAT Brands Royalty I, LLC • 2.Buffalo’s Franchise Concepts Inc. • 3.Ponderosa Franchising Company LLC • 4.Ponderosa International Development Inc. • 5.Puerto Rico Ponderosa Inc. • 6.Hurricane AMT, LLC • 7.EB Franchises LLC • 8.Johnny Rockets Licensing Canada LLC • 9.Fatburger North America, Inc. • 10.Bonanza Restaurant Company LLC ...
FAT stock data
Latest filings (excl ownership)
8-K
Other Events
17 Apr 24
10-K
2023 FY
Annual report
12 Mar 24
8-K
Other Events
11 Mar 24
8-K
Fat Brands Inc. Reports Fiscal Fourth Quarter and Full Fiscal Year 2023 Financial Results
7 Mar 24
8-K
Other Events
20 Feb 24
8-K
Other Events
6 Feb 24
8-K
Other Events
12 Jan 24
8-K
Other Events
10 Jan 24
8-K
Departure of Directors or Certain Officers
20 Dec 23
8-K
Other Events
29 Nov 23
Transcripts
FAT
Earnings call transcript
2023 Q4
7 Mar 24
FAT
Earnings call transcript
2023 Q3
26 Oct 23
FAT
Earnings call transcript
2023 Q2
3 Aug 23
FAT
Earnings call transcript
2023 Q1
8 May 23
FAT
Earnings call transcript
2022 Q4
22 Feb 23
FAT
Earnings call transcript
2022 Q3
20 Oct 22
FAT
Earnings call transcript
2022 Q2
31 Jul 22
FAT
Earnings call transcript
2022 Q1
8 May 22
FAT
Earnings call transcript
2021 Q4
22 Mar 22
FAT
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
4
ANDREW WIEDERHORN
18 Mar 24
4
Lynne Leigh Collier
8 Mar 24
4
ANDREW WIEDERHORN
14 Dec 23
4/A
Change in insider ownership (amended)
3 Nov 23
4
John Stephen Allen
13 Oct 23
3
John Stephen Allen
13 Oct 23
4
James G Ellis
13 Oct 23
3
James G Ellis
13 Oct 23
4
MATTHEW GREEN
25 Sep 23
3
MATTHEW GREEN
25 Sep 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 50.85 mm | 50.85 mm | 50.85 mm | 50.85 mm | 50.85 mm | 50.85 mm |
Cash burn (monthly) | (no burn) | (no burn) | 8.66 mm | 7.82 mm | 608.00 k | 2.82 mm |
Cash used (since last report) | n/a | n/a | 59.37 mm | 53.66 mm | 4.17 mm | 19.34 mm |
Cash remaining | n/a | n/a | -8.52 mm | -2.81 mm | 46.68 mm | 31.51 mm |
Runway (months of cash) | n/a | n/a | -1.0 | -0.4 | 76.8 | 11.2 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 22 |
Opened positions | 5 |
Closed positions | 3 |
Increased positions | 4 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 8.13 bn |
Total shares | 10.63 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Fog Cutter | 7.03 mm | $52.19 mm |
Hot GFG | 1.54 mm | $17.16 mm |
ADW Capital Partners | 739.32 k | $4.40 mm |
ADW Capital Management | 587.40 k | $4.04 bn |
Altium Capital Management | 227.00 k | $776.34 mm |
Vanguard | 197.31 k | $1.35 bn |
Geode Capital Management | 129.09 k | $854.80 mm |
Ridgewood Investments | 75.34 k | $515.63 mm |
Brookstone Capital Management | 32.23 k | $219.13 mm |
Cambridge Investment Research Advisors | 11.63 k | $80.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Wiederhorn Andrew | Class B Common Stock | Buy | Acquire P | No | No | 6.16 | 500 | 3.08 k | 8,079 |
14 Dec 23 | Lynne Leigh Collier | Stock option Class A Common Stock | Grant | Acquire A | No | No | 5.93 | 30,636 | 181.67 k | 30,636 |
12 Dec 23 | Wiederhorn Andrew | Series B Preferred Stock | Sell | Dispose S | No | No | 14.8076 | 347.4 | 5.14 k | 996.6 |
12 Dec 23 | Wiederhorn Andrew | Class B Common Stock | Buy | Acquire P | No | No | 5.2499 | 246 | 1.29 k | 7,579 |
19 Sep 23 | James G Ellis | Stock option Class A Common Stock | Grant | Acquire A | No | No | 7.05 | 30,636 | 215.98 k | 30,636 |
News
After THC-Infused Ketchup Success, Fatburger Celebrates 4/20 With New Special Offering
19 Apr 24
FAT Brands Ignites Co-Branding Strategy With 40-Unit Northern California Development Deal; In Partnership With Franchisee California Burger, Inc., Fatburger Will Be Added To 40 Existing Round Table Pizza Locations Over The Next 10 Years With The First Location Set To Open In 2024
17 Apr 24
FAT Brands (FAT) Inks Deal to Expand Fazoli's Reach in Canada
4 Apr 24
FAT Brands Q4 2023 Adj EPS $(1.150) Beats $(1.220) Estimate, Sales $158.600M Beat $150.400M Estimate
7 Mar 24
Earnings Scheduled For March 7, 2024
7 Mar 24
Press releases
FAT Brands Ignites Co-Branding Strategy with 40-Unit Northern California Development Deal
17 Apr 24
Hot Dog on a Stick Heads to the Tropics with All-New Dragon Fruit Lemonade
9 Apr 24
Smokey Bones and Red Bull® Ignite Miami Race Weekend with BBQ Pit Stop
9 Apr 24
Great American Cookies Serves Free Cookie Cake Slices for Tax Day 2024
8 Apr 24
Fazoli's Kicks Off International Growth with 25-Unit Canadian Development Deal
3 Apr 24