FAT Brands (FATBB) Set to Announce Earnings on Wednesday

FAT Brands (NASDAQ:FATBB) will issue its quarterly earnings data after the market closes on Wednesday, May 1st.

FAT Brands (NASDAQ:FATBB) last posted its quarterly earnings data on Thursday, March 7th. The company reported ($1.68) earnings per share for the quarter. The company had revenue of $158.64 million for the quarter.

FAT Brands Stock Down 3.5 %

FAT Brands stock traded down $0.22 during trading hours on Tuesday, reaching $6.05. 129 shares of the stock were exchanged, compared to its average volume of 1,194. FAT Brands has a 52-week low of $5.02 and a 52-week high of $8.96. The firm’s 50 day moving average is $6.59 and its 200 day moving average is $6.07.

FAT Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 9.26%. The ex-dividend date of this dividend is Tuesday, May 14th. FAT Brands’s dividend payout ratio is presently -9.74%.

About FAT Brands

FAT Brands Inc, a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli's, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks.