FAT Brands Inc. (NASDAQ:FAT) Q4 2023 Earnings Conference Call March 7, 2024 5:00 PM ET
Company Participants
Andy Wiederhorn - Chairman
Ken Kuick - Co-Chief Executive Officer & Chief Financial Officer
Conference Call Participants
Joe Gomes - NOBLE Capital
Roger Lipton - Lipton Financial
Operator
Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the FAT Brands, Inc. Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. At this time, all participants are placed in a listen-only mode. Please note that this conference is being recorded today, March 7, 2024.
On the call from FAT Brands are Chairman of the Board, Andy Wiederhorn; and Co-Chief Executive Officer and Chief Financial Officer, Ken Kuick.
This afternoon, the company has made its fourth quarter and fiscal year 2023 financial results publicly available. Please refer to the earnings release and earnings supplement, both of which are available in the Investors section of the company's website at www.fatbrands.com. Each contain additional details about the fourth quarter and fiscal year, which closed on December 31, 2023.
But before we begin today, I must remind everyone that part of the 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 any -- 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 release and recent SEC filings.
During today's call, the company will also 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 conference over to Mr. Andy Wiederhorn, Chairman of the Board. You may begin, sir.
Andy Wiederhorn
Good afternoon, and thank you for joining us. I would like to express my gratitude to our teams, franchisees and their employees for their dedication and hard work in 2023. Their collective efforts have been key in FAT Brands' continued growth.
The company has expanded tenfold over the last three years by assembling a portfolio of 18 concepts with over 2,300 locations across more than 40 countries and 49 states. Coming off a record 2022, we are proud to have generated another year of strong growth.