FAT Brands Already 10% Down, Almost Hour Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than hour and FAT Brands‘s pre-market value is already 10.83% down.

FAT Brands’s last close was $7.39, 22.05% below its 52-week high of $9.48.

The last session, NASDAQ ended with FAT Brands (FAT) falling 1.6% to $7.39. NASDAQ jumped 1.25% to $16,369.41, after three consecutive sessions in a row of gains, on what was an all-around positive trend trading session.

About FAT Brands

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

Earnings Per Share

As for profitability, FAT Brands has a trailing twelve months EPS of $-5.85.

Revenue Growth

Year-on-year quarterly revenue growth grew by 6%, now sitting on 425.64M for the twelve trailing months.

More news about FAT Brands (FAT).

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