---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-033747"
form_type: "8-K"
ticker: "FATAQ"
cik: "0001705012"
company_name: "Fat Brands, Inc"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:26:16.081193+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FAT Brands Q2 revenue up 42% to $152.0M but net loss widens to $39.4M ($2.43/sh); adj. net loss $30.9M

## Summary
- Total revenue $152.0M, +42.4% YoY from $106.8M, driven by Smokey Bones acquisition and new openings.
- Net loss $39.4M ($2.43 diluted EPS) vs net loss $7.1M ($0.53) in Q2 2023; adjusted net loss $30.9M ($1.93) vs adj. net income $3.0M ($0.08).
- Adjusted EBITDA $15.7M vs $23.1M in prior-year quarter; interest expense rose to $34.0M from $24.3M.
- Opened 24 new restaurants in Q2 (45 YTD); signed over 180 development deals YTD vs 226 in all of 2023.
- System-wide same-store sales declined 1.6% YTD; Twin Peaks plans 12-15 new lodges in H2 2024.

## SEC filing metadata
- accession: 0001628280-24-033747
- form_type: 8-K
- ticker: FATAQ
- cik: 0001705012
- company_name: Fat Brands, Inc
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705012/000162828024033747/0001628280-24-033747-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705012/000162828024033747/fat-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-033747
- JSON: https://secwatch.observer/filing/0001628280-24-033747.json
- Plain text: https://secwatch.observer/filing/0001628280-24-033747.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.