Twin Hospitality's FAT Brands faces a material wall of maturing debt linked to its 2021 acquisition that will prove hard to refinance. FAT recorded fiscal 2025 first quarter negative free cash flow of ...
Two large franchisees blamed merchant cash advances on their recent bankruptcy filings and Fat Brands used it at least ...
The company is advancing a $75 million to $100 million equity raise at Twin Peaks, with most proceeds allocated to debt reduction and new unit development. Dividend pause and legal resolution are ...
A group of the fast-food operator’s bondholders want the company’s CEO suspended after a stock sale involving Twin Peaks.
Hosted on MSN
FAT Brands faces looming Chapter 11 bankruptcy
Companies often file for bankruptcy not because they're not cash flow positive, but because they can't generate the cash needed to service their debt. In many cases, if you took that debt away, the ...
Non-GAAP earnings per share for Q2 FY2025 was ($2.88), This missed estimates by $5.06. and This compares to ($1.93) in the same period last year. GAAP revenue for Q2 FY2025 was $146.8 million, ...
Earnings call FAT Brands reported Q1 2025 revenue of $142M, down 6.5% YoY, with adjusted EBITDA falling to $11.1M from $18.2M. Net loss widened to $46M. Management emphasized debt reduction, ...
From 2020 to 2023, FAT Brands made headlines for its acquisition spree of 14 brands, including Global Franchise Group, Twin Peaks , Fazoli’s , ending with the purchase of Smokey Bones in September ...
On January 26, 2026, FAT Brands Inc. and its subsidiaries filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of Texas, aiming to deleverage their balance sheet ...
In August 2020, FAT Brands — then known as the parent company of Fatburger, Hurricane Grill & Wings, and Ponderosa and Bonanza Steakhouses — kicked off its acquisition spree with the purchase of ...
Hosted on MSN
FAT Brands files for Chapter 11 bankruptcy
FAT Brands CEO Andy Wiederhorn made it clear on Jan. 12 at the ICR conference in Orlando that his company might end up filing for Chapter 11 bankruptcy. “We’ve been talking about restructuring this ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results