Earnings Call Summary | FAT Brands(FAT.US) Q1 2024 Earnings Conference
Earnings Call Summary | FAT Brands(FAT.US) Q1 2024 Earnings Conference
The following is a summary of the FAT Brands Inc. (FAT) Q1 2024 Earnings Call Transcript:
以下是FAT Brands Inc.（FAT）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
FAT Brands reported Q1 2024 revenue of $152 million, a 43.8% increase year-over-year, primarily driven by the acquisition of Smokey Bones.
System-wide sales also increased, rising by 4.8% to $581.8 million against the prior year.
Q1 2024 EBITDA is $9.4 million, marking an increase of $1.7 million compared to Q1 2023. However, adjusted EBITDA was slightly lower.
Costs and expenses also increased, up by 45.6%, which resulted in a net loss of $38.3 million, or $2.37 per diluted share.
FAT Brands報告稱，2024年第一季度收入爲1.52億美元，同比增長43.8％，這主要是由對Smokey Bones的收購推動的。
全系統銷售額也有所增長，比上年增長4.8％，達到5.818億美元。
2024年第一季度息稅折舊攤銷前利潤爲940萬美元，與2023年第一季度相比增加了170萬美元。但是，調整後的息稅折舊攤銷前利潤略有下降。
成本和支出也增加了45.6％，淨虧損3,830萬美元，攤薄後每股虧損2.37美元。
Business Progress:
業務進展：
The company expanded its footprint massively over the last three years, now having 18 concepts across 2,300+ locations worldwide.
There were 16 new units opened in Q1 2024, with an additional 44 anticipated in the next quarter. The total new unit forecast for 2024 is between 125 to 150, marking a potential 20% increase from 2023.
The company plans to grow the Smokey Bones brand considerably and is progressing on plans for Twin Peaks' IPO.
FAT Brands aims to open about 44 new stores by the end of June, despite fewer new store openings in Q1 due to unfavorable weather conditions.
在過去三年中，該公司大幅擴大了業務版圖，目前在全球2300多個地點擁有18個概念。
2024年第一季度共有16個新單位開業，預計下一季度還會有44個新單位開業。預計2024年的新增單位總數在125至150套之間，可能比2023年增長20％。
該公司計劃大幅發展Smokey Bones品牌，Twin Peaks的首次公開募股計劃正在取得進展。
FAT Brands的目標是在6月底之前開設約44家新門店，儘管由於天氣條件不利，第一季度新開門店有所減少。
More details: FAT Brands IR
更多詳情： FAT 品牌投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。