secwatch.observer — SEC 8-K summary
======================================

Issuer:     Fat Brands, Inc (FATAQ)
CIK:        0001705012
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001628280-24-009638
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FAT Brands Q4 revenue up 52.8% to $158.6M; net loss narrows to $26.2M
---------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705012/000162828024009638/0001628280-24-009638-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705012/000162828024009638/fat-20240307.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-009638

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer