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FAT Brands ( NASDAQ: FAT ) said Monday that the company opened 142 new stores in 2022, bringing the total to 362 stores in its development pipeline, across 29 states and 17 countries.
"This year, we will remain focused on converting our over 1,000-unit pipeline into new stores, approximately 175 of which are set to open in 2023, along with continuing to fuel our long-term growth with additional development deals," the company said.