FAT Brands will open 10 co-branded stores in Iraq with veteran Eric Wilson over the next five years.
Quiver AI Summary
FAT Brands Inc. has announced a partnership with Eric Wilson, a U.S. military veteran, to open 10 co-branded Great American Cookies and Marble Slab Creamery stores in Iraq over the next five years. This development is part of FAT Brands' strategy to expand its presence in Iraq, where it currently operates seven locations. Taylor Wiederhorn, Chief Development Officer of FAT Brands, expressed confidence in the venture due to the rising demand for American brands in the country and the commitment of the operator. Great American Cookies, established in 1977, is known for its cookie cakes and various baked goods, while Marble Slab Creamery specializes in small-batch ice cream with customizable mix-ins.
Potential Positives
- Announcement of a development deal to open 10 co-branded Great American Cookies and Marble Slab Creamery stores in Iraq over the next five years, indicating significant international expansion.
- Partnership with a U.S. military veteran, Eric Wilson, which may enhance brand reputation and community connection in Iraq.
- Existing presence in Iraq with seven locations demonstrates the company’s commitment and confidence in the market demand for American brands.
- Positioning of Great American Cookies and Marble Slab Creamery as popular American brands in an expanding international landscape aligns with current consumer trends favoring international experiences and products.
Potential Negatives
- Expansion into Iraq may pose significant risks due to political instability and security concerns in the region, which could impact store performance and safety.
- The reliance on a single operator for the development of multiple store locations could lead to operational challenges and inconsistency in brand standards.
- The forward-looking statements highlight uncertainties about the timing and performance of new openings, indicating potential vulnerabilities in the company's expansion strategy.
FAQ
What is the new development deal announced by FAT Brands?
FAT Brands plans to open 10 co-branded Great American Cookies and Marble Slab Creamery stores in Iraq over the next five years.
Who is partnering with FAT Brands for this expansion?
The expansion in Iraq is in partnership with Eric Wilson, a 27-year U.S. military veteran who served in Iraq.
How many locations does FAT Brands currently have in Iraq?
FAT Brands has seven locations in Iraq to date, with plans for further expansion.
What products do Great American Cookies offer?
Great American Cookies offers the Original Cookie Cake, chocolate chip cookies, brownies, and Double Doozies™ among other treats.
What is Marble Slab Creamery known for?
Marble Slab Creamery is known for its homemade, small-batch ice cream and unique frozen slab mixing technique with free Mix-Ins.
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
U.S. Military Veteran to Open 10 Stores in Country over Next Five Years
LOS ANGELES, Oct. 22, 2025 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Great American Cookies , Marble Slab Creamery , and 16 other restaurant concepts, has announced a new development deal to open 10 co-branded Great American Cookies and Marble Slab Creamery stores across Iraq over the next five years in partnership with Eric Wilson, a 27-year U.S. military veteran who served in Iraq.
“FAT Brands continues to build a strong presence in Iraq with seven locations to date, and we are committed to expanding our footprint in the country further with the launch of Great American Cookies and Marble Slab Creamery,” said Taylor Wiederhorn, Chief Development Officer of FAT Brands. “With a heightened demand for American brands in Iraq, we are confident we will experience sweet success, especially with a committed operator like Eric who served in Iraq.”
Since 1977, Great American Cookies has baked up a reputation for not only being the creator of the Original Cookie Cake , but also for its famous chocolate chip cookie recipe. Other craveable menu items include brownies and Double Doozies ™ , made with delectable icing sandwiched between two cookies.
For over 40 years, Marble Slab Creamery has been an innovator in the ice cream space, dreaming up the frozen slab technique and offering homemade, small-batch Ice Cream with always free Mix-Ins, Shakes in a variety of flavors, and Ice Cream Cakes.
For more information on Great American Cookies, visit www.greatamericancookies.com . For more information on Marble Slab Creamery, visit www.marbleslab.com .
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 dining, and polished casual dining 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 fatbrands.com .
About Great American Cookies
Founded on a family chocolate chip cookie recipe in 1977, Great American Cookies believes that pure, simple delight is part of living a full life. Serving the Original Cookie Cake, fresh baked cookies in a variety of flavors, brownies, and Double Doozies ™ , we promise to treat you to bites of bliss that prove how sweet life can be. With more than 400 bakeries across the country and internationally in Bahrain, Guam, Saudi Arabia, and treats available to ship right to your door, the sweet spot is always close to home. For more information, visit www.greatamericancookies.com .
About Marble Slab Creamery
Since dreaming up the frozen slab technique and serving fresh homemade, small-batch Ice Cream in-store since 1983, Marble Slab Creamery has always known how to dream big. We sprinkle our customers with imagination and promise to inspire with infinite ice cream possibilities to feed your curiosity and capture cravings. With our free unlimited Mix-in philosophy, delicious Ice Cream and Shakes in a variety of flavors, hand-rolled waffle cones, and Ice Cream Cakes, imagination has no limits. Today, Marble Slab Creamery is enjoyed by consumers across the globe with locations in Bahrain, Canada, Kuwait, Saudi Arabia, Puerto Rico, and the United States. For more information, visit www.marbleslab.com .
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
