FAT Brands Inc. Announces Third Quarter Cash Dividend on Class A Common Stock and Class B Common Stock
13 Julho 2023 - 9:00AM
FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT), a leading
global franchising company and parent company of iconic brands
including Round Table Pizza, Fatburger, Marble Slab Creamery,
Johnny Rockets, Twin Peaks, Fazoli’s and 11 other restaurant
concepts, announced today that its Board of Directors has declared
the Company’s fiscal 2023 third quarter cash dividend of $0.14 per
share on each outstanding share of Class A common stock and Class B
common stock. The dividend is payable on September 1, 2023 to
holders of record of Class A common stock and Class B common stock
as of the close of business on August 15, 2023.
The declaration and payment of future dividends,
as well as the amounts thereof, are subject to the discretion of
the Company’s Board of Directors. The amount and size of any future
dividends will depend upon the Company’s future results of
operations, financial condition, capital levels, cash requirements
and other factors. There can be no assurance that the Company will
declare and pay dividends in future periods.
About FAT (Fresh. Authentic. Tasty.) Brands
FAT Brands Inc. (NASDAQ: FAT) (the Company) is a
leading global franchising company that strategically acquires,
markets and develops quick service, fast casual and casual dining
restaurant concepts around the world. The Company currently owns
seventeen restaurant brands: Round Table Pizza, Fatburger, Marble
Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American
Cookies, Hot Dog on a Stick, Buffalo’s Cafe & Express,
Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native
Grill & Wings, Yalla Mediterranean, Ponderosa and Bonanza
Steakhouses and franchises and owns over 2,300 units worldwide. For
more information, please visit www.fatbrands.com.
Forward Looking StatementsThis
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are subject to significant business,
economic and competitive risks, uncertainties and contingencies
including, but not limited to, uncertainties surrounding the
severity, duration and effects of the COVID-19 pandemic, many of
which are difficult to predict and beyond our control, which could
cause our actual results to differ materially from the results
expressed or implied in such forward-looking statements. We refer
you to the documents we file from time to time with the Securities
and Exchange Commission, such as our reports on Form 10-K, Form
10-Q and Form 8-K, for a discussion of these and other risks,
uncertainties and contingencies. We undertake no obligation to
update any forward-looking statement to reflect events or
circumstances occurring after the date of this press release.
Investor Relations: ICRMichelle Michalski
IR-FATBrands@icrinc.com646-277-1224
Media Relations: FAT Brands Inc. Erin Mandzik
emandzik@fatbrands.com 860-212-6509
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