---
title: "Fat Brands Pref Share FATBP 8.25 12/31/49 | 8-K: FY2025 Q1 Revenue: USD 142.02 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/239422251.md"
datetime: "2025-05-08T20:25:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/239422251.md)
  - [en](https://longbridge.com/en/news/239422251.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/239422251.md)
---

# Fat Brands Pref Share FATBP 8.25 12/31/49 | 8-K: FY2025 Q1 Revenue: USD 142.02 M

Revenue: As of FY2025 Q1, the actual value is USD 142.02 M.

EPS: As of FY2025 Q1, the actual value is USD -2.73.

EBIT: As of FY2025 Q1, the actual value is USD 2.053 M.

### Segment Revenue

-   **Total Revenue**: $142.0 million, a decrease of 6.5% from $152.0 million in the fiscal first quarter of 2024.
-   **Royalties**: $21.8 million compared to $21.9 million in the previous year.
-   **Restaurant Sales**: $99.4 million compared to $105.9 million in the previous year.
-   **Advertising Fees**: $9.8 million compared to $9.8 million in the previous year.
-   **Factory Revenues**: $8.8 million compared to $9.5 million in the previous year.
-   **Franchise Fees**: $1.2 million compared to $1.5 million in the previous year.

### Operational Metrics

-   **Net Loss**: - $46.0 million, or $2.73 per diluted share, compared to - $38.3 million, or $2.37 per diluted share, in the fiscal first quarter of 2024.
-   **EBITDA**: $2.1 million compared to $9.4 million in the fiscal first quarter of 2024.
-   **Adjusted EBITDA**: $11.1 million compared to $18.2 million in the fiscal first quarter of 2024.
-   **Operating Loss**: - $8.566 million in Q1 2025, compared to - $1.382 million in Q1 2024.

### Cash Flow

-   **Interest Expense**: $31.444 million in Q1 2025, compared to $29.623 million in Q1 2024.

### Unique Metrics

-   **New Store Openings**: 23 new store openings during the fiscal first quarter of 2025.
-   **System-wide Sales Decline**: 1.8% decline.
-   **System-wide Same-store Sales Decline**: -3.4% decline.
-   **System-Wide Sales**: $571.1 million in Q1 2025, compared to $581.8 million in Q1 2024.

### Outlook / Guidance

-   FAT Brands plans to open over 100 new restaurant locations in 2025, supported by a development pipeline of approximately 1,000 signed agreements.
-   The company is expanding internationally with agreements to open 40 locations in France, featuring Fatburger and Buffalo’s Cafe concepts.
-   FAT Brands aims to accelerate the build-out of a 1,000+ unit new store pipeline and drive adjusted EBITDA growth by approximately $10 million from new stores and $5 million from factory operations.

### Related Stocks

- [FATBP.US](https://longbridge.com/en/quote/FATBP.US.md)
- [FATPQ.US](https://longbridge.com/en/quote/FATPQ.US.md)