FAT Brands (FATBB) Set to Announce Quarterly Earnings on Wednesday

FAT Brands (NASDAQ:FATBB) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 1st.

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

FAT Brands Stock Performance

FATBB stock traded down $0.22 during midday trading on Tuesday, reaching $6.05. 130 shares of the company’s stock traded hands, 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 fifty day moving average price is $6.59 and its 200-day moving average price is $6.07.

FAT Brands Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be issued a dividend of $0.14 per share. The ex-dividend date is Tuesday, May 14th. This represents a $0.56 dividend on an annualized basis and a yield of 9.26%. FAT Brands’s dividend payout ratio (DPR) is currently -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.