Fatburger and Buffalo’s Express open a new location in New Braunfels, Texas, marking the brand's expansion in the state.
Quiver AI Summary
FAT Brands Inc. has announced the opening of a new Fatburger and Buffalo’s Express location in New Braunfels, Texas, marking its 10th opening in the state. This growth comes as Texas has become a key market for the California-based burger chain, which is known for its customizable, made-to-order burgers and a variety of menu options, including fries and chicken wings. To celebrate the grand opening on November 17, the first 100 guests will receive free Original Fatburgers for a year. FAT Brands emphasizes its commitment to expanding in Texas, with plans for over 40 additional locations in the future.
Potential Positives
- Opening of the 10th Fatburger and Buffalo’s Express location in Texas, indicating successful expansion in a high-growth market.
- Plans for over 40 additional locations to open across Texas in the coming years, highlighting strong growth prospects.
- The grand opening celebration includes a promotion offering free Original Fatburgers for a year to the first 100 guests, generating excitement and potential foot traffic.
Potential Negatives
- The press release includes a disclaimer about the forward-looking statements, indicating potential risks and uncertainties regarding the company's plans for growth and new store openings.
- The offer of free Original Fatburgers for a year may suggest a need for aggressive promotional strategies to attract customers, which could be seen as a sign of competition or market pressure in the area.
- While the press release touts expansion in Texas, it does not address existing challenges or performance issues at current locations, which could raise concerns about operational stability and effectiveness of the growth strategy.
Beloved Burger Chain Continues to Sizzle in the Lone Star State with Latest San Antonio Area Opening
LOS ANGELES, Nov. 14, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc . announces the opening of the latest Fatburger and Buffalo’s Express location in the greater San Antonio area in New Braunfels, TX. This marks the 10 th location in the state of Texas, which continues to be a high-growth area for the California-born burger brand.
“Since we first landed in Texas, we have developed a loyal fanbase who seeks us out for our made-to-order burgers and premium toppings,” said Jake Berchtold, COO of FAT Brands ’ Fast Casual Division. “Looking ahead, we are just getting started from a growth perspective with over 40 locations slated to open across the state in the coming years.”
Ever since the first Fatburger opened in Los Angeles over 70 years ago, the chain has been known for its delicious, grilled-to-perfection and cooked to order burgers. Founder Lovie Yancey believed that a big burger with everything on it is a meal in itself. At Fatburger, “everything” is not just the usual lettuce, tomato, onion, mayo, mustard, pickles and relish. Burgers can be customized with toppings including bacon and eggs. In addition to its famous burgers, the Fatburger menu also includes Fat and Skinny Fries, turkeyburgers, hand-breaded crispy chicken sandwiches, and hand-scooped milkshakes made from 100% real ice cream.
A perfect complement to Fatburger, Buffalo’s Express’ menu includes delicious bone-in and boneless chicken wings accompanied by a wide range of sauces. All of Buffalo’s Express’ wings are served with celery, carrots, and blue cheese or ranch dressing.
To commemorate the new restaurant, Fatburger and Buffalo’s Express will be offering up free Original Fatburger’s for a year for the first 100 guests at their grand opening celebration on Nov. 17 starting at 11:00 a.m. The new Fatburger and Buffalo’s Express is located at 675 North Business Interstate Highway 35, Suite # 201, New Braunfels, TX 78130 and is open 11:00 a.m. to 9:00 p.m. Sunday through Thursday, and 11:00 a.m. to 10:00 p.m. Friday and Saturday.
For more information or to find a Fatburger near you, please visit www.fatburger.com
**Disclaimer: Free Original Fatburger for a year offer is valid for one free Original Fatburger per week for 52 consecutive weeks. Guest must present voucher in store to redeem. Valid in store only. Offer expires 11/17/25. Cannot be combined with any other offer. Additional restrictions may apply, ask store associate for details.
About FAT (Fresh. Authentic. Tasty.) Brands
FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual, 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, Native Grill & Wings, Pretzelmaker, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit http://www.fatbrands.com .
About Fatburger
An all-American, Hollywood favorite, Fatburger is a fast-casual restaurant serving big, juicy, tasty burgers, crafted specifically to each customer’s liking. With a legacy spanning over 70 years, Fatburger’s extraordinary quality and taste inspire fierce loyalty amongst its fan base, which includes a number of A-list celebrities and athletes. Featuring a contemporary design and ambience, Fatburger offers an unparalleled dining experience, demonstrating the same dedication to serving gourmet, homemade, custom-built burgers as it has since 1952 – The Last Great Hamburger Stand ™ .
About Buffalo’s Express
Founded in 1985 in Roswell, Georgia, Buffalo’s Express is a fast-casual chain known for its world-famous chicken wings and proprietary wing sauces. Co-branded with over 100 Fatburger restaurants to date, Buffalo’s Express’ significant growth can be attributed to its high-quality menu offerings and unparalleled dining experience. Featuring a contemporary design and ambience, whether guests are dining-in or having take-out/delivery, Buffalo’s Express offers friends and families the flexibility to enjoy their world-famous chicken wings however they prefer. Buffalo’s Express – Where Everyone is Family ™ .
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the timing and performance of new store openings and area development agreements. Forward-looking statements reflect expectations of FAT Brands Inc. (“we” or “our”) concerning the future and are subject to significant business, economic and competitive risks, uncertainties and contingencies. These factors are difficult to predict and beyond our control, and could cause our actual results to differ materially from those expressed or implied in such forward-looking statements. We refer you to the documents that we file from time to time with the Securities and Exchange Commission, such as our reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of these and other factors. We undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date of this press release.
MEDIA C
ONTACT
:
Erin Mandzik, FAT Brands
[email protected]
860-212-6509
FAQ
Where is the new Fatburger restaurant located?
The new Fatburger and Buffalo’s Express is located at 675 North Business Interstate Highway 35, Suite # 201, New Braunfels, TX 78130.
What are the opening hours for Fatburger in New Braunfels?
Fatburger is open 11:00 a.m. to 9:00 p.m. Sunday through Thursday, and 11:00 a.m. to 10:00 p.m. Friday and Saturday.
When is the grand opening celebration for Fatburger?
The grand opening celebration for the new Fatburger is on November 17, starting at 11:00 a.m.
What special offer is available for the grand opening?
The first 100 guests at the grand opening will receive free Original Fatburgers for a year.
How can I find more Fatburger locations?
For more information or to find a Fatburger near you, visit www.fatburger.com.
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 9 times in the past 6 months. Of those trades, 9 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:
- CUTTER HOLDINGS, LLC FOG has traded it 5 times. They made 5 purchases, buying 4,020 shares and 0 sales.
- MARK ELENOWITZ has traded it 3 times. They made 3 purchases, buying 9,200 shares and 0 sales.
- ANDREW WIEDERHORN purchased 646 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$FAT Hedge Fund Activity
We have seen 8 institutional investors add shares of $FAT stock to their portfolio, and 14 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DIVISADERO STREET CAPITAL MANAGEMENT, LP added 32,048 shares (+22.4%) to their portfolio in Q2 2024
- TD WATERHOUSE CANADA INC. removed 24,000 shares (-100.0%) from their portfolio in Q3 2024
- LEGACY FINANCIAL ADVISORS, INC. added 20,000 shares (+inf%) to their portfolio in Q2 2024
- SMH CAPITAL ADVISORS INC removed 11,159 shares (-100.0%) from their portfolio in Q2 2024
- BLEAKLEY FINANCIAL GROUP, LLC removed 10,928 shares (-100.0%) from their portfolio in Q2 2024
- SIMPLICITY WEALTH,LLC removed 10,928 shares (-100.0%) from their portfolio in Q2 2024
- ROYAL BANK OF CANADA added 5,173 shares (+102.7%) to their portfolio in Q2 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
