FAT Brands files for Chapter 11 bankruptcy to restructure
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 30 Jan 26
Source: Yahoo Finance
FAT Brands Inc. has seen a significant price increase of 931.25% in pre-market trading as it crosses above the 5-day SMA.
The company has initiated voluntary Chapter 11 bankruptcy proceedings in Texas to deleverage its balance sheet while ensuring that its 18 restaurant concepts, including Fatburger and Johnny Rockets, continue to operate normally. CEO Andy Wiederhorn stated that this process aims to protect over 45,000 employees and maintain competitive service quality.
This strategic move is expected to maximize stakeholder value and support the ongoing growth of FAT Brands, despite the challenging circumstances.
Analyst Views on FATBB
Wall Street analysts forecast FATBB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FATBB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About FATBB
FAT Brands Inc. is a global franchising company, which acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. It owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. Round Table Pizza is the franchisor of quick service restaurants located in California and the western United States. Hot Dog on a Stick is the franchisor of quick service restaurants located in regional malls in California and the western United States. Johnny Rockets is an international restaurant franchise and offers menu items including Certified Angus Beef cooked-to-order hamburgers, chicken sandwiches, and malts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
