Streetbeat News

FATBB

FAT Brands Inc.

https://www.fatbrands.com

Industry

Restaurants

FAT Brands Inc., a multi-brand franchising company, acquires, develops, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. As of August 22, 2022, it owned seventeen restaurant brands, including Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli's, Twin Peaks, Great American Cookies, Hot Dog on a Stick, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean, and Ponderosa Steakhouse/Bonanza Steakhouse, as well as franchises and owns approximately 2,300 locations. The company was incorporated in 2017 and is headquartered in Beverly Hills, California. FAT Brands Inc. operates as a subsidiary of Fog Cutter Holdings, LLC.

Open

4.66

Mkt cap

92M

Volume

496

High

4.66

P/E Ratio

-0.51

52-wk high

8.35

Low

4.66

Div yield

0.10

52-wk low

4.22

The article reports on significant intraday movements in 12 consumer discretionary stocks, highlighting both gainers and losers. Notable gainers include Sweetgreen with a 35.7% increase following their Q1 earnings report, and Groupon, up 28.76% also after Q1 earnings. Among the losers, FAT Brands saw a significant drop of 26.1% and 22.04% in its two tickers, while Savers Value Village declined by 19.51% post-Q1 earnings. The movements reflect market reactions to recent earnings reports and other undisclosed factors.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 4:31 pm

Nathan's Famous (NASDAQ:NATH) announces a dividend payout of $0.50 per share with an annualized yield of 2.80%, payable on March 01, 2024, to shareholders of record as of February 20, 2024. The company has shown a consistent increase in dividends per share from $1.40 in 2020 to $2.00 in 2023, alongside a positive earnings growth from $2.91 to $4.80 per share over the same period. This indicates a strong financial health and a commitment to returning value to shareholders. Nathan's dividend yield is compared to its industry peers, with FAT Brands (NASDAQ:FATBB) having the highest yield at 7.89%.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 3:05 pm

In Monday's intraday session, several consumer discretionary stocks experienced significant movements. Singing Machine Co (MICS), Cenntro Electric Gr (CENN), and Envirotech Vehicles (EVTV) were among the gainers, with shares rising up to 20%. On the losing side, Golden Heaven Group Hldgs (GDHG) and 2U (TWOU) saw shares drop by over 12%. Recent earnings releases appear to have influenced stock performance for companies like Cheetah Net Supply Chain (CTNT), FAT Brands (FATBB), Fossil Group (FOSL), ECARX Holdings (ECX), RealReal (REAL), and Cazoo Gr (CZOO).

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 5:31 pm

During Friday's intraday session, several consumer discretionary stocks experienced significant movement. Gainers included Connexa Sports Techs (CNXA), ATRenew (RERE), Visionary Education Tech (GV), Torrid Holdings (CURV), Fossil Group (FOSL), and Autoliv (ALV), with increases ranging from 7.43% to 13.8%. Losers included Lazydays Hldgs (LAZY), Zapp Electric Vehicles (ZAPP), Harbor Custom Dev (HCDI), Chijet Motor Co (CJET), FAT Brands (FATBB), and Envirotech Vehicles (EVTV), with decreases ranging from 9.56% to 22.2%.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 5:31 pm

During Thursday's intraday session, several consumer discretionary stocks experienced significant movements. Chijet Motor Co, Esports Entertainment, E-Home Household Service, Lixiang Education Hldg, FAT Brands, and Grove Collaborative Hldgs saw their stocks rise, while Faraday Future, Mullen Automotive, Zapp Electric Vehicles, Connexa Sports Techs, Genuine Parts, and Harbor Custom Dev saw their stocks fall. Genuine Parts released its Q3 earnings.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 5:31 pm

During Thursday's intraday session, several consumer discretionary stocks experienced significant movement. Visionary Education Tech (VEDU), EZGO Technologies (EZGO), Sacks Parente Golf (SPGC), Studio City Intl Hldgs (MSC), PARTS iD (ID), and FAT Brands (FATBB) saw their stocks rise, while Inspirato (ISPO), Rivian Automotive (RIVN), Kaixin Auto Hldgs (KXIN), MGO Global (MGOL), Ambow Education Holding (AMBO), and Alliance Entertainment (AENT) experienced a decrease in their stock prices.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 5:31 pm

During Monday's intraday session, several consumer discretionary stocks experienced significant movement. EZGO Technologies, Lincoln Educational Servs, Delta Apparel, Holley, Lifetime Brands, and FAT Brands saw gains, while EBET, Esports Entertainment, Interactive Strength, Polished.com, Bright Scholar Education, and Esports Entertainment experienced losses. The changes were accompanied by high trading volumes and recent earnings reports for some companies.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 5:31 pm

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