FAT Brands Reports Q2 2025 Financial Results

Fat Brands ( (FAT) ) has released its Q2 earnings. Here is a breakdown of the information Fat Brands presented to its investors.

FAT Brands Inc. is a global franchising company that acquires, markets, and develops a diverse range of restaurant concepts, including fast casual, quick-service, and casual dining, with a portfolio of 18 brands and approximately 2,300 units worldwide.

In the second quarter of 2025, FAT Brands reported a slight decline in total revenue by 3.4% to $146.8 million compared to the same period last year. Despite this, the company opened 18 new locations and is on track to achieve its target of over 100 restaurant openings this year. Notably, digital sales have shown significant growth, particularly in their Great American Cookies and Round Table Pizza brands.

Key financial metrics for the quarter include a net loss of $54.2 million, or $3.17 per diluted share, and a negative EBITDA of $6.0 million. The company has taken strategic steps to improve its financial position, such as converting amortizing bonds to interest-only, which is expected to save $30 to $40 million annually, and implementing $5 million in annual general and administrative expense reductions.

Looking forward, FAT Brands is focused on expanding its manufacturing capacity and pursuing strategic partnerships to enhance its market presence. The company’s management remains committed to achieving cash flow positive status in the upcoming quarters, supported by ongoing financial and operational strategies.