Fat Brands Inc is a multi-brand restaurant company that specializes in developing, marketing, and franchising a portfolio of popular dining concepts. The company operates a diverse array of casual dining and quick-service restaurant brands, which span various cuisines and dining experiences. Through its innovative approach to brand management and strategic partnerships, Fat Brands aims to expand its footprint in the competitive food service industry while delivering high-quality food and memorable experiences to its customers.
Federal authorities have charged Fat Brands and its chair Andy Wiederhorn for allegedly orchestrating a loan scheme, resulting in wire fraud and tax evasion charges.
On December 01, 2023, Nathan's Famous (NASDAQ:NATH) will distribute a dividend payout of $0.50 per share, equating to an annualized dividend yield of 3.09%. Shareholders who owned the stock before the ex-dividend date on November 17, 2023 will receive this payout.
Fat Brands Inc. (NASDAQ: FAT) reportedly intends to spin off its Twin Peaks sports bar business. The restaurant franchising company seeks to maximize value for shareholders and boost the company's growth with this spin-off.
