FAT Brands Inc. (NASDAQ:FAT) Q3 2022 Earnings Conference Call October 20, 2022 5:00 PM ET

Company Participants

Andy Wiederhorn - President and CEO

Ken Kuick - CFO

Conference Call Participants

Joe Gomes - NOBLE Capital

Roger Lipton - Lipton Financial Services

Operator

Good afternoon, ladies and gentlemen and thank you for standing by. Welcome to the FAT Brands Inc., Third Quarter Fiscal 2022 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode. Please note that this conference is being recorded today, October 20, 2022.

On the call today from FAT Brands are; President and Chief Executive Officer, Andy Wiederhorn; and Chief Financial Officer, Ken Kuick. By now, everyone should have access to the earnings release, which can be found on our Investor Relations website at ir.fatbrands.com in the Press Release section.

Before we begin, I need to remind everyone that part of our discussion today will include forward-looking statements. These forward-looking statements are not guarantees of future performance, and therefore, undue reliance should not be placed upon them. Actual results may differ materially from those indicated by these forward-looking statements due to a number of risks and uncertainties. The company does not undertake to update these forward-looking statements at a later date. For a more detailed discussion of the risks that could impact future operating results and financial condition, please see today's earnings press release and our recent SEC filings.

During today's call, the company may discuss non-GAAP financial measures, which it believes can be useful in evaluating its performance. The presentation of this additional information should not be considered in isolation nor as a substitute for results prepared in accordance with GAAP. Reconciliations to comparable GAAP measures are available in today's earnings release.

I would now like to turn the call over to Andy Wiederhorn, President and Chief Executive Officer.

Andy Wiederhorn

Thank you, operator, and hello, everyone. We sincerely appreciate you joining us today and for your interest in FAT Brands.

This afternoon, we made our third quarter 2022 financial results publicly available. Please refer to the earnings release and our earnings supplement, both of which are available in the Investors section of our website at www.fatbrands.com. Each contain additional details about the third quarter, which closed on September 25, 2022.

I would like to start by thanking our entire team who have worked so diligently as we continue to scale this business. It is due to the hard work of our team members, franchisees, and their employees that we move forward with confidence in the long-term opportunities for FAT Brands.