FAT Brands (FAT) to Release Earnings on Tuesday

FAT Brands (NASDAQ:FAT) is set to release its earnings data after the market closes on Tuesday, March 26th.

Shares of FAT opened at $5.22 on Tuesday. FAT Brands has a 52 week low of $4.50 and a 52 week high of $9.68. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 1.76.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 28th. Investors of record on Tuesday, February 19th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 9.20%. The ex-dividend date of this dividend was Friday, February 15th.

In other FAT Brands news, major shareholder Fog Cutter Capital Group Inc bought 201,651 shares of the firm’s stock in a transaction on Thursday, February 28th. The stock was bought at an average cost of $5.64 per share, with a total value of $1,137,311.64. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.30% of the company’s stock.

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FAT Brands Company Profile

FAT Brands Inc, a multi-brand franchising company, acquires, markets, and develops fast casual and casual dining restaurant concepts. As of January 23, 2019, it owned 7 restaurant brands, including Fatburger, Buffalo's Cafe, Buffalo's Express, Hurricane Grill & Wings, Yalla Mediterranean, Ponderosa Steakhouse, and Bonanza Steakhouse with approximately 300 locations open and 300 under development in 32 countries.

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