---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-044334"
form_type: "8-K"
ticker: "FATAQ"
cik: "0001705012"
company_name: "Fat Brands, Inc"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:22:17.310188+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FAT Brands Q3 revenue up 31% to $143M; net loss expands to $44.8M, adjusted EBITDA drops

## Summary
- Revenue of $143.4M, up 31.1% YoY; net loss of $44.8M ($2.74/share) vs $24.7M loss a year ago.
- Adjusted EBITDA fell to $14.1M from $21.9M; adjusted net loss per share $2.34 vs $1.14.
- YTD same-store sales down 2.7%; opened 22 new units in Q3, 71 YTD, pipeline ~1,000 locations.
- Signed 225 development deals YTD vs 226 in all 2023; Twin Peaks IPO or alternative transaction under consideration.
- Interest expense rose to $35.5M from $29.7M; Twin Peaks securitization refinancing planned before any IPO.

## SEC filing metadata
- accession: 0001628280-24-044334
- form_type: 8-K
- ticker: FATAQ
- cik: 0001705012
- company_name: Fat Brands, Inc
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705012/000162828024044334/0001628280-24-044334-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705012/000162828024044334/fat-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-044334
- JSON: https://secwatch.observer/filing/0001628280-24-044334.json
- Plain text: https://secwatch.observer/filing/0001628280-24-044334.txt

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