Johnny Rockets expands internationally with seven new locations in Iraq, Chile, UAE, Mexico, and Brazil, enhancing global presence.
Quiver AI Summary
FAT Brands Inc., the parent company of Johnny Rockets, has announced the expansion of the iconic burger chain with the opening of seven new locations in 2025 across Iraq, Chile, the United Arab Emirates, Mexico, and Brazil. This expansion reflects the brand's positive reception and growing demand for its gourmet burgers and hand-spun shakes internationally. Notable new sites include Baghdad, Antofagasta, Cancun, Dubai, Mexico City, and Sao Paolo. COO Jake Berchtold highlighted the success of their international franchise system, evidenced by the more than 100 locations established in these markets. Johnny Rockets, founded in 1986, emphasizes high-quality American fare and a vibrant dining atmosphere, contributing to its popularity in over 25 countries worldwide.
Potential Positives
- FAT Brands announces the opening of seven new Johnny Rockets locations in five international markets, demonstrating strong global expansion and brand demand.
- The company has now surpassed 100 locations in key markets, validating the effectiveness of its international franchise model and partnerships.
- The expansion into diverse international markets such as Iraq, Chile, UAE, Mexico, and Brazil indicates a strategic growth plan that may enhance brand visibility and profitability.
- Johnny Rockets continues to build its reputation as a classic American brand, resonating with consumers worldwide through its commitment to quality and customer experience.
Potential Negatives
- Expansion into Iraq, a country with significant security and political instability, may raise concerns about the viability and safety of operations in that market.
- The focus on international expansion in emerging markets might divert attention and resources from the company's domestic operations, potentially affecting brand performance in the U.S.
- The number of new openings, while significant, could also indicate that existing locations are underperforming if the company feels the need to rapidly expand to new territories for growth.
FAQ
What countries are Johnny Rockets expanding into?
Johnny Rockets is expanding into Iraq, Chile, United Arab Emirates, Mexico, and Brazil.
How many new Johnny Rockets locations are opening this year?
Seven new Johnny Rockets locations are opening this year.
What type of food does Johnny Rockets offer?
Johnny Rockets offers gourmet cooked-to-order burgers and hand-spun shakes, along with other classic American fare.
When was the first Johnny Rockets restaurant opened?
The first Johnny Rockets restaurant opened on June 6, 1986, in Los Angeles.
How many locations does Johnny Rockets have worldwide?
Johnny Rockets has over 250 locations in more than 25 countries worldwide.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FAT Insider Trading Activity
$FAT insiders have traded $FAT stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FAT stock by insiders over the last 6 months:
- MARK ELENOWITZ purchased 1,000 shares for an estimated $2,200
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$FAT Hedge Fund Activity
We have seen 6 institutional investors add shares of $FAT stock to their portfolio, and 11 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NEUBERGER BERMAN GROUP LLC added 79,900 shares (+inf%) to their portfolio in Q2 2025, for an estimated $190,162
- OSAIC HOLDINGS, INC. removed 52,290 shares (-47.6%) from their portfolio in Q2 2025, for an estimated $124,450
- LEGACY FINANCIAL ADVISORS, INC. removed 20,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $47,600
- CITADEL ADVISORS LLC removed 9,110 shares (-38.0%) from their portfolio in Q2 2025, for an estimated $21,681
- GEODE CAPITAL MANAGEMENT, LLC removed 3,851 shares (-8.9%) from their portfolio in Q2 2025, for an estimated $9,165
- VANGUARD GROUP INC added 3,139 shares (+1.5%) to their portfolio in Q2 2025, for an estimated $7,470
- FNY INVESTMENT ADVISERS, LLC removed 3,000 shares (-72.8%) from their portfolio in Q2 2025, for an estimated $7,140
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$FAT Analyst Ratings
Wall Street analysts have issued reports on $FAT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Loop Capital issued a "Buy" rating on 05/12/2025
To track analyst ratings and price targets for $FAT, check out Quiver Quantitative's $FAT forecast page.
Full Release
All-American Burger Concept Adds to International Footprint in Iraq, Chile, United Arab Emirates, Mexico, and Brazil
LOS ANGELES, Sept. 30, 2025 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. , parent company of Johnny Rockets and 17 other restaurant concepts, announces the continued worldwide growth of Johnny Rockets, opening seven new locations this year in Iraq, Chile, United Arab Emirates, Mexico, and Brazil.
Known for its upbeat atmosphere, gourmet, cooked-to-order burgers, and hand-spun shakes, the classic brand continues to resonate with fans overseas, fueling growing demand for international expansion. New openings this year include two locations in Baghdad, Iraq (Al Jadriya Mall and Dhubbat Street M312 - S27), Antofagasta, Chile (Mall Plaza Antofagasta), Cancun, Mexico (Grand Outlet Riviera Maya), Dubai, United Arab Emirates (Jumeirah), Mexico City, Mexico (Averanda), and, most recently, Sao Paolo, Brazil (Belem do Para).
“Our expansion remains strong in Brazil, Chile, United Arab Emirates, Mexico, and Iraq,” said Jake Berchtold, COO of FAT Brands ’ Fast Casual Division. “With more than 100 locations now across these markets, we see clear validation of our international franchise system with our committed franchise partners who continue to grow with us.”
The first Johnny Rockets restaurant opened June 6, 1986, on Melrose Avenue in Los Angeles. Since that time, the chain’s timeless all-American brand has connected with customers across the U.S. and in more than 25 other countries around the globe. The Johnny Rockets team’s passion for delivering fresh, classic American fare is only equaled by their commitment to providing a superb guest experience.
For more information on Johnny Rockets, visit www.johnnyrockets.com .
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About FAT (Fresh. Authentic. Tasty.) Brands
FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual, quick-service, casual and polished casual dining restaurant concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit www.fatbrands.com .
About Johnny Rockets
Founded in 1986 on Melrose Avenue in Los Angeles, Johnny Rockets is a world-renowned international franchise that offers high-quality, innovative menu items including Certified Angus Beef
®
cooked-to-order hamburgers, veggie burgers, chicken sandwiches, crispy fries, and rich, delicious hand-spun shakes and malts. With over 250 locations in over 25 countries around the globe, this dynamic lifestyle brand offers friendly service and upbeat music contributing to the chain’s signature atmosphere of relaxed, casual fun.
For more information, visit
www.johnnyrockets.com
.
MEDIA C
ONTACT
:
Erin Mandzik, FAT Brands
[email protected]
860-212-6509
