Capital is arguing that the fast-food chain operator cannot use management fees and other cash to get the company through its ...

Capital contests Fat’s plan to use management fees and other cash under securitization receivables to fund operations during Chapter 11 proceedings.

A group of the fast-food operator’s bondholders want the company’s CEO suspended after a stock sale involving Twin Peaks.

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 ...

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 ...

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 ...

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, ...

Public: Fat Brands Inc. Chair Andrew Wiederhorn, center, and Joe Hummel (in scarf), chief executive of Twin Hospitality Group, stand outside the Nasdaq on the first day that Twin Hospitality shares ...

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 ...