FAT Brands Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

FAT Brands Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

FAT Brands (NASDAQ:FAT) Full Year 2023 Results

Key Financial Results

  • Revenue: US$480.5m (up 18% from FY 2022).

  • Net loss: US$97.1m (loss narrowed by 23% from FY 2022).

  • US$5.85 loss per share (improved from US$7.66 loss in FY 2022).

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NasdaqCM:FAT Earnings and Revenue Growth March 9th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

FAT Brands Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 12%.

The company's shares are down 7.0% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 4 warning signs for FAT Brands (of which 3 are significant!) you should know about.

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