FAT Brands Inc. (NASDAQ:FAT) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET
Company Participants
Andy Wiederhorn - Chairman
Ken Kuick - Co-CEO and CFO
Conference Call Participants
Alton Stump - Loop Capital
Joseph Gomes - NOBLE Capital
Operator
Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the FAT Brands First Quarter 2024 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, May 1, 2024.
On the call from FAT Brands are the Chairman of the Board, Andy Wiederhorn; and Co-Chief Executive Officer and Chief Financial Officer, Ken Kuick.
This afternoon, the company made its first quarter 2024 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 first quarter.
But before we begin, I must remind everyone that part of the discussion today will be including 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 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 call over to Andy Wiederhorn, Chairman of the Board. Please go ahead.
Andy Wiederhorn
Thank you, operator.
I'd like to begin this afternoon by thanking all of our team members, franchisees and their dedicated employees across our portfolio of brands. Their unwavering commitment and strong execution have been the driving forces behind FAT Brands continued strong performance and growth.
Our trajectory over the last three years has been truly remarkable. We have expanded our footprint tenfold, by strategically building a diverse portfolio that now includes 18 iconic concepts spanning over 2,300 locations worldwide, across more than 40 countries and 49 U.S. states or U.S. territories.