FAT Brands Inc. Reports Third Quarter 2020 Financial Results
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FAT Brands (FAT) Tops Q3 EPS by 8c
November 10, 2020 4:04 PM ESTFAT Brands (NASDAQ: FAT) reported Q3 EPS of ($0.05), $0.08 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $4.1 million versus the consensus estimate of $3.55 million.
Andy Wiederhorn, President and CEO of FAT Brands, commented, Thank you to our franchise partners and employees who have shown perseverance as we all continue to battle hardships brought on by the COVID-19 pandemic.
Despite the pandemic, the third quarter proved to be transformative for FAT Brands as we successfully closed the acquisition of Johnny Rockets, completed the public offering... More
