Fat Brands is spinning off sports bar chain Twin Peaks with an initial public offering. IPO experts are expecting more ...
Twin Hospitality Group (NASDAQ:TWNP) began trading on Thursday after FAT Brands (NASDAQ:FAT) distributed 5% of the new ...
Twin Hospitality Group Inc. ( NASDAQ: TWNP) fell 10.3% on its second day of trading following a spinoff from FAT Brands ( FAT ...
The sports bar chain, which is now publicly traded, leans on its menu diversity, service model and alcohol mix to target $1 ...
Fat Brands’ spinoff of its highest-performing brands will help it deleverage its balance sheet, which includes $1.2 billion ...
A restaurant chain with more than 100 locations that's known for its sports-bar vibe and all-female waitstaff.
After 18 months of speculation and preparation, FAT Brands is ready to spin off the newly formed Twin Hospitality Group (Twin Peaks and Smokey Bones Barbecue), which will become public at the end ...
In the world of franchised brands, we haven’t seen many initial public offerings in recent years. Twin Hospitality Group, ...
growing sales from $3.6 million as a Smokey Bones to an annualized run rate of $8.3 million as Twin Peaks. FAT Brands has scheduled seven additional conversions for 2025 with more expected in 2026.
For more information on FAT Brands, please visit www.fatbrands.com. Founded in 2005 in the Dallas suburb of Lewisville, Twin Peaks franchises and owns 115 restaurants in the United States and Mexico.
Twin Peaks set Jan. 30 as its IPO date, as the sports-bar chain will officially spin off from previous owner FAT Brands and trade on the Nasdaq stock exchange. The Dallas-based chain has ...
Shares in the sports-bar chain opened at $17.45 on the Nasdaq on Thursday. Proceeds will be used to pay down debt and fuel expansion.