FAT Brands continues to focus on expansion and pipeline growth, with promising results in co-branding and international partnerships. However, financial performance suffered due to revenue decline, increased expenses, and strategic closures, leading to a significant net loss.

Company Guidance

During the FAT Brands Inc. First Quarter 2025 Earnings Conference Call, the company provided several key metrics and strategic updates. Total revenue for the quarter was $142 million, reflecting a 6.5% decrease from $152 million in the previous year's quarter, primarily due to lower same-store sales and the closure of Smoky Bones locations for conversion into Twin Peaks lodges. System-wide sales were reported at $571.1 million, down 1.8% compared to the same period last year. Adjusted EBITDA for the quarter was $11.1 million, a decrease from $18.2 million in the prior year. The company highlighted a development pipeline with commitments for over 1,000 new locations and a target of opening over 100 new sites this year, including 23 units opened in the first quarter, marking a 37% increase from Q1 2024. Additionally, FAT Brands discussed strategic initiatives such as a $50 million dividend distribution from the spin-off of Twin Hospitality Group Inc., plans to raise between $75 million and $100 million of equity in 2025, and efforts to reduce SG&A by over $5 million annually. The company also reported a net loss of $46 million or $2.73 per diluted share, compared to a net loss of $38.3 million or $2.37 per share in the previous year.

Expansion and Development Pipeline

FAT Brands has commitments for over 1,000 new locations in the pipeline, with 23 units opened in Q1 2025, a 37% increase from Q1 2024. The company aims to open over 100 new locations this year.

Co-Branding and International Growth

FAT Brands continues to expand its co-branding initiatives with new models and international partnerships, including 30 new Fatburger locations in France over the next three years and 10 Buffalo's Cafe locations.

Georgia Production Facility Performance

The Georgia production facility generated $8.8 million in first-quarter sales and $3.1 million in adjusted EBITDA, with a 35% margin. Plans to increase utilization from 40-45% to 60-70% could enhance value.

Strong Casual Dining Segment Performance

Same-store sales in the casual dining segment increased approximately 1.6%, driven by Buffalo's Cafe and Ponderosa and Bonanza locations.

Fat Brands (FAT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

FAT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	-1.96 / -	-1.304	―	―	―
Jul 30, 2025	2025 (Q2)	-2.18 / -2.88	-1.075	-167.91% (-1.80)
May 08, 2025	2025 (Q1)	-1.14 / -2.32	-1.142	-103.15% (-1.18)
Feb 27, 2025	2024 (Q4)	-1.31 / -1.04	-0.641	-62.56% (-0.40)
Oct 30, 2024	2024 (Q3)	-0.76 / -1.30	-0.635	-105.35% (-0.67)
Jul 31, 2024	2024 (Q2)	-0.81 / -1.07	0.045	-2488.89% (-1.12)
May 01, 2024	2024 (Q1)	-0.64 / -1.14	-0.797	-43.29% (-0.34)
Mar 07, 2024	2023 (Q4)	-0.68 / -0.64	-1.449	55.76% (+0.81)
Oct 26, 2023	2023 (Q3)	-0.71 / -0.64	-0.546	-16.30% (-0.09)
Aug 03, 2023	2023 (Q2)	-0.68 / 0.04	-0.106	142.45% (+0.15)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FAT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$2.38	$2.28	-4.20%
May 08, 2025	$2.88	$2.75	-4.51%
Feb 27, 2025	$3.43	$3.29	-4.08%
Oct 30, 2024	$2.90	$2.93	+1.03%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Fat Brands (FAT) report earnings?

Fat Brands (FAT) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Fat Brands (FAT) earnings time?

Fat Brands (FAT) earnings time is at Oct 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FAT EPS forecast?

FAT EPS forecast for the fiscal quarter 2025 (Q3) is -1.96.

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