{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-035307","form_type":"8-K","ticker":"FATAQ","cik":"0001705012","company_name":"Fat Brands, Inc","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.113369+00:00","generated_at":"2026-06-09T08:39:35.676480+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"FAT Brands Q3 revenue up 6% to $109.4M; net loss widens to $24.7M","bullets":["Revenue $109.4M (+6% YoY) driven by 4.8% royalty growth and 228.5% franchise fee increase.","Net loss $24.7M ($1.59 diluted loss) vs $23.4M ($1.52) in Q3 2022; adjusted net loss $17.1M ($1.14).","Adjusted EBITDA $21.9M vs $24.6M a year ago; 30 new store openings in Q3, 96 YTD.","System-wide sales growth 0.8%; year-to-date same-store sales up 1.3%.","Declared $0.14 per common share dividend (unchanged); acquired Smokey Bones early Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-035307","json":"https://secwatch.observer/filing/0001628280-23-035307.json","markdown":"https://secwatch.observer/filing/0001628280-23-035307.md","text":"https://secwatch.observer/filing/0001628280-23-035307.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705012/000162828023035307/0001628280-23-035307-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705012/000162828023035307/fat-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T08:39:35.676480+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3becff28ca515a95d717b7a09aafa09b9f6db38d","claim":"Fat Brands, Inc reported the fiscal third quarter ended September 24, 2023 results: revenue $109.4 million, net income Net loss of $24.7 million, or $1.59 per diluted share, EPS $1.59 per diluted share.","evidence_excerpt":"strengths position us for continued growth in the future, which will help deleverage our balance sheet.” Fiscal Third Quarter 2023 Highlights • Total revenue improved 6.0% to $109.4 million compared to $103.2 million in the fiscal third quarter of 2022 ◦ System-wide sales growth of 0.8% in the fiscal third quarter of 2023 compared to the prior year fiscal quarter ◦","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705012/000162828023035307/0001628280-23-035307-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal third quarter ended September 24, 2023"},{"label":"Revenue","value":"$109.4 million"},{"label":"Net income","value":"Net loss of $24.7 million, or $1.59 per diluted share"},{"label":"EPS","value":"$1.59 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}