- Company fattens its multi-brand offering through $900 million in acquisition deals over a 5-month period in 2021 and continues to make new acquisitions in 2022.
- Small signs of stock price recovering from the blow in February 2022 caused by the announcement that the CEO is under US Attorney investigation.
- Revenue has been increasing tremendously over the last four quarters with high expectations for year-end off the back of a large pipeline of already signed agreements.
- Cautious of high net earning loss numbers for Q1 2022, strict debt payback obligations, and current legal events.
For further details see:
FAT Brands: Turbo Powered Acquisitions For Multi-Brand Restaurant Company