FAT Brands Inc. (NASDAQ:FAT) Q1 2022 Earnings Conference Call May 5, 2022 6:00 PM ET

Company Participants

Andrew Wiederhorn - President & Chief Executive Officer

Ken Kuick - Chief Financial Officer

Conference Call Participants

Joseph Gomes - NOBLE Capital Markets

Roger Lipton - Lipton Financial Services

Operator

Good afternoon, ladies and gentlemen and thank you for standing by. Welcome to the FAT Brands Incorporated First Quarter Fiscal 2022 Earnings Conference Call. [Operator Instructions] Please note that this conference is being recorded today, May 5, 2022. On the call today from FAT Brands are President and Chief Executive Officer, Andrew Wiederhorn; and Chief Financial Officer, Kenneth 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 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.

Andrew Wiederhorn

Thank you, operator. Good evening, everyone and thank you all for joining us on the call today. We are excited to be here on our first earnings call for fiscal 2022. This afternoon we made our first 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 first quarter which closed on March 27. The first quarter was an excellent start to 2022 for FAT Brands and I would like to thank our whole team for their impressive execution as we continue to grow this business. FAT Brands is truly differentiated because we have a scalable platform that affords us the opportunity to synergistically incorporate new concepts with minimal incremental corporate overhead cost.