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MarketScreener Homepage  >  Equities  >  Nasdaq  >  FAT Brands Inc    FAT

FAT BRANDS INC (FAT)
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FAT Brands : Continues Middle Eastern Push with Second Buffalo's Cafe Opening in Qatar

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03/13/2018 | 06:27pm CEST

Casual Dining Concept Brings World-Famous Chicken Wings to Heart of West Bay, Doha

FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”), parent company of Buffalo’s Cafe, known for its American-inspired cuisine and family-friendly atmosphere, is excited to announce the opening of its second Doha, Qatar restaurant located inside The Curve Hotel near the renowned Doha shoreline.

As the latest effort in FAT Brands' promise to expand into new and existing markets around the world, Buffalo's Cafe in Doha continues the restaurant’s tradition of offering fresh, never frozen wings available in 18 homemade and signature sauces. In addition, guests can choose from a variety of flavorful Southwestern-inspired entrees and appetizers such as the juicy Canyon Burger and the Garlic Parm Fries. Buffalo’s Cafe wings are served in the traditional bone-in style as well as boneless, and each wing is coated with delectable, homemade sauces such as Asian Sesame, Honey Garlic, Death Valley and Carolina Fire BBQ.

“Qatar is a fast-growing country with immense business potential for the Buffalo's Cafe brand,” said Andy Wiederhorn, CEO of FAT Brands. “Located in a great part of the city, this new location will be conducive to building upon our already-established brand presence while catering to locals and tourists alike.”

The latest restaurant can be found in The Curve Hotel in Doha, Qatar. For more information on Buffalo’s Cafe, please visit www.buffalos.com.

Fresh. Authentic. Tasty. Brands

FAT Brands (NASDAQ: FAT) 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 five restaurant brands, Fatburger, Buffalo’s Cafe, Buffalo’s Express and Ponderosa and Bonanza Steakhouses, that have approximately 300 locations open and 300 under development in 32 countries.

About Buffalo’s Cafe

Founded in 1985 in Roswell, Georgia, the family themed casual dining chain, known for its world famous chicken wings and 13 unique homemade wing sauces, burgers, wraps, steaks and salads has been serving fresh southwestern themed cuisine for over 32 years. Featuring a full bar and table service, Buffalo’s Cafe offers an unparalleled dining experience affording friends and family the flexibility to enjoy an intimate dinner together or to casually catch the next sporting event while enjoying robust menu offerings. Buffalo’s Cafe - 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 the 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.


© Business Wire 2018
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Financials ($)
Sales 2018 16,9 M
EBIT 2018 8,38 M
Net income 2018 -
Debt 2018 -
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019 -
Capi. / Sales 2018 5,76x
Capi. / Sales 2019 -
Capitalization 97,4 M
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Technical analysis trends FAT BRANDS INC
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Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 12,0 $
Spread / Average Target 40%
Managers
NameTitle
Andrew A. Wiederhorn President, Chief Executive Officer & Director
Edward H. Rensi Chairman
Rebecca D. Hershinger Chief Financial Officer
Marc L. Holtzman Independent Director
Squire Junger Independent Director
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