{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-019608","form_type":"8-K","ticker":"FATAQ","cik":"0001705012","company_name":"Fat Brands, Inc","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.671165+00:00","generated_at":"2026-06-03T03:03:21.859469+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FAT Brands Q1 revenue up 43.8% to $152M; net loss widens to $38.3M","bullets":["Total revenue $152.0M (+43.8% YoY) driven by Smokey Bones acquisition; system-wide same-store sales down 4.0%.","Net loss $38.3M ($2.37 diluted EPS) vs. $32.1M ($2.05) year ago; adjusted net loss $32.9M ($2.05).","Adjusted EBITDA $18.2M vs. $19.2M in prior year; EBITDA $9.4M vs. $7.7M.","Signed over 150 development deals; pipeline over 1,200 locations; plan 15-20 new Twin Peaks lodges in 2024.","16 new store openings in Q1; first Smokey Bones conversion to Twin Peaks underway."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-019608","json":"https://secwatch.observer/filing/0001628280-24-019608.json","markdown":"https://secwatch.observer/filing/0001628280-24-019608.md","text":"https://secwatch.observer/filing/0001628280-24-019608.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705012/000162828024019608/0001628280-24-019608-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705012/000162828024019608/fat-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:03:21.859469+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":"4e60ec6f37f4be0d45a21bead423aa22dc447012","claim":"Fat Brands, Inc reported fiscal first quarter ended March 31, 2024 results: net income Net loss of $38.3 million, EPS $2.37 per diluted share.","evidence_excerpt":"Total revenue improved 43.8% to $152.0 million compared to $105.7 million in the fiscal first quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705012/000162828024019608/0001628280-24-019608-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended March 31, 2024"},{"label":"Net income","value":"Net loss of $38.3 million"},{"label":"EPS","value":"$2.37 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"4e60ec6f37f4be0d45a21bead423aa22dc447012","claim":"Fat Brands, Inc reported fiscal first quarter ended March 31, 2024 results: net income Net loss of $38.3 million, EPS $2.37 per diluted share.","evidence_excerpt":"Net loss of $38.3 million, or $2.37 per diluted share, compared to $32.1 million, or $2.05 per diluted share, in the fiscal first quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705012/000162828024019608/0001628280-24-019608-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal first quarter ended March 31, 2024"},{"label":"Net income","value":"Net loss of $38.3 million"},{"label":"EPS","value":"$2.37 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"}