Less Than One Hour Before The Market Open, FAT Brands Is Up By 5%

(VIANEWS) – The NASDAQ opens in less than one hour and FAT Brands‘s pre-market value is already 5.13% up.

FAT Brands’s last close was $7.60, 19.83% under its 52-week high of $9.48.

The last session, NASDAQ finished with FAT Brands (FAT) falling 0% to $7.60. NASDAQ dropped 0.12% to $16,379.46, following the last session’s downward trend on what was a somewhat negative trend exchanging 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.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 64.5% and 53.8%, respectively.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 14, 2024, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 6.42%.

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).

Leave a Reply

Your email address will not be published. Required fields are marked *