RESTAURANT CHAIN DECLARES DIVIDEND
New Restaurants Open - India Partnership
FAT BRANDS (FAT - NASDAQ) - BUY LIST
| These shares are closely held and thinly
traded with an average daily volume of 18,000. Short sellers have been
active driving these shares lower with FAT reaching a major support
level near $6.00. The restaurant ETF has also made a slight correction
at the same time.
Papa Johns PZZA Surges On Restructure Tax cuts have just started to reach the middle class giving families more disposable income . On Oct 23 McDonalds recently beat estimates driving the shares significantly higher . Dave & Busters beat estimates as did others in the restaurant group. Fat Brands is a special situation and we feel that the combination of short covering , rising family incomes and a safe dividend will drive these shares much higher. We urge Serious Investors to place these shares on their BUY LIST. Day Trader Website Presentation SEC Filings Q2 Q3 www.fatburger.com www.buffalos.com www.ponderosasteakhouses.com www.bonanzasteakhouses.com. 60 Unit Expansion In India LOS ANGELES--(BUSINESS WIRE)-- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”), parent company of Fatburger, The Last Great Hamburger Stand™, announces the development of 60 new co-branded Fatburger and Buffalo's Express restaurants throughout India with Franglobal Advisors Private Limited. The restaurants are slated to be built and opened during the next 10 years. Fatburger, the beloved Hollywood burger chain, founded by Lovie Yancey, maintains and upholds its unique culture and iconic menu offerings by serving the same, signature, made-to-order, Fatburgers, hand-scooped milkshakes and skinny (shoestring) or fat (steak) fries as Lovie served at the original Fatburger stand 70 years ago. Further, Fatburger’s 30+ year-old, Georgia-based, sister brand Buffalo’s Express complements Fatburger’s menu offering fresh, never frozen, boneless and bone-in chicken wings with over 13 proprietary wing sauce options. This development will further the brand’s existing, strong international presence. “We are very excited to expand Fatburger and Buffalo's Express globally and serve customers our signature, all-American offerings,” said Andy Wiederhorn, CEO of FAT Brands (FAT). “We have found the perfect partner in Franglobal Advisors Private Limited and are thrilled to continue development in India for years to come.”
For more information or to find a Fatburger near you, please
visit www.fatburger.com. Fresh. Authentic. Tasty. Brands FAT Brands is a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns seven restaurant brands, Fatburger, Buffalo’s Cafe, Buffalo’s Express, Hurricane Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, that have over 300 locations open and more than 300 under development in 32 countries. About Fatburger An all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer’s liking. With a legacy spanning 70 years, Fatburger’s extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand™. About Buffalo’s Express Founded in 1985 in Roswell, Georgia, Buffalo’s Express is a fast-casual chain known for its world-famous chicken wings, proprietary wing sauces, fries, sides, wraps, salads and desserts. Co-branded with 72 Fatburger restaurants to date, Buffalo’s Express’ significant growth can be attributed to its high-quality menu offerings and unparalleled dining experience. Featuring a contemporary design and ambience, whether guests are dining-in or having take-out/delivery, Buffalo’s Express offers friends and families the flexibility to enjoy their world-famous chicken wings however they prefer. Buffalo’s Express – Where Everyone is Family™. Safe Harbor Statement This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
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