{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-009638","form_type":"8-K","ticker":"FATAQ","cik":"0001705012","company_name":"Fat Brands, Inc","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.181190+00:00","generated_at":"2026-06-05T01:40:10.191744+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FAT Brands Q4 revenue up 52.8% to $158.6M; net loss narrows to $26.2M","bullets":["Total revenue $158.6M (Q4 2023), up 52.8% YoY; full-year revenue $480.5M, up 18%.","Q4 net loss $26.2M ($1.68/diluted share) vs $70.8M a year ago; adjusted net loss $17.3M.","Adjusted EBITDA $27.0M in Q4 vs $19.6M; full-year $91.2M vs $88.8M.","Opened 125 restaurants in 2023 (29 in Q4); development pipeline 1,100 units.","System-wide same-store sales -0.6% in Q4; +0.8% for full year."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-009638","json":"https://secwatch.observer/filing/0001628280-24-009638.json","markdown":"https://secwatch.observer/filing/0001628280-24-009638.md","text":"https://secwatch.observer/filing/0001628280-24-009638.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705012/000162828024009638/0001628280-24-009638-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705012/000162828024009638/fat-20240307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T01:40:10.191744+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":"088671ac26868646a61a897be02b7e784f1058ca","claim":"Fat Brands, Inc reported the fourteen-week and fifty-three week periods ended December 31, 2023 results: revenue $158.6 million, net income Net loss of $26.2 million, or $1.68 per diluted share.","evidence_excerpt":"strengths position us for continued growth in the future, which will help deleverage our balance sheet.” Fiscal Fourth Quarter 2023 Highlights • Total revenue improved 52.8% to $158.6 million compared to $103.8 million in the fourth quarter of 2022 ◦ System-wide sales growth of 16.5% in the fiscal fourth 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/1705012/000162828024009638/0001628280-24-009638-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourteen-week and fifty-three week periods ended December 31, 2023"},{"label":"Revenue","value":"$158.6 million"},{"label":"Net income","value":"Net loss of $26.2 million, or $1.68 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7ed10f14f1d1b59030d3287cf7d633b15ecdc37d","claim":"Fat Brands, Inc reported fiscal year ended December 31, 2023 results: revenue $480.5 million, net income Net loss of $90.1 million, or $5.85 per diluted share.","evidence_excerpt":"Total revenue increased 18.0% to $480.5 million compared to $407.2 million in fiscal 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705012/000162828024009638/0001628280-24-009638-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$480.5 million"},{"label":"Net income","value":"Net loss of $90.1 million, or $5.85 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"bed705b5d4bea0dae34754bb816d0d8eb57033d4","claim":"Fat Brands, Inc reported fiscal fourth quarter 2023 results: revenue $158.6 million, net income Net loss of $26.2 million, or $1.68 per diluted share.","evidence_excerpt":"total revenue improved 52.8% to $158.6 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705012/000162828024009638/0001628280-24-009638-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal fourth quarter 2023"},{"label":"Revenue","value":"$158.6 million"},{"label":"Net income","value":"Net loss of $26.2 million, or $1.68 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"}