---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-049545"
form_type: "8-K"
ticker: "FATAQ"
cik: "0001705012"
company_name: "Fat Brands, Inc"
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:19:52.224461+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FAT Brands Q3 net loss $58.2M, revenue down 2.3%; plans debt restructuring and equity raise

## Summary
- Net loss $58.2M ($3.39/share) vs $44.8M loss ($2.74) YoY; negative EBITDA $(7.7)M vs positive $1.7M.
- Total revenue $140.0M, down 2.3%; system-wide same-store sales -3.5%; casual dining same-store sales +3.9%.
- Opened 60 new restaurants YTD; ~900 committed locations expected to add $50-60M incremental EBITDA.
- Dividend pause saving $35-40M/yr; negotiating debt restructuring; planning $75-100M equity raise at Twin Hospitality.
- First co-branded Round Table/Fatburger location more than doubled sales; ~50 more co-branded units in development.

## SEC filing metadata
- accession: 0001628280-25-049545
- form_type: 8-K
- ticker: FATAQ
- cik: 0001705012
- company_name: Fat Brands, Inc
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705012/000162828025049545/0001628280-25-049545-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705012/000162828025049545/fat-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-049545
- JSON: https://secwatch.observer/filing/0001628280-25-049545.json
- Plain text: https://secwatch.observer/filing/0001628280-25-049545.txt

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