FAT Brands Management
Management criteria checks 1/4
We currently do not have sufficient information about the CEO.
Key information
Keshav Lall
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | 4yrs |
| Board average tenure | no data |
Recent management updates
Recent updates
Narrative Update • Jan 24
FAT: Global Expansion Will Support Future Upside Despite Nasdaq Compliance Risks
Analysts have modestly lifted their price target on FAT Brands, citing updated assumptions that reflect a fair value increase to US$10.00, slightly higher projected revenue growth of about 3.90% and a revised forward P/E of roughly 4.92 times as they refine expectations for the company’s profitability profile. What's in the News On January 8, 2026, FAT Brands received Nasdaq notices that its Class A Common Stock did not meet the minimum bid price requirement of US$1.00 per share for 30 consecutive business days.Narrative Update • Jan 09
FAT: Global Expansion And New Co Branded Stores Will Support Future Upside
Analysts have nudged their price target on FAT Brands slightly higher, now reflecting an updated fair value estimate of US$8.00 per share, supported by largely unchanged assumptions around discount rate, revenue growth, profit margin and future P/E. What's in the News Fazoli’s, part of FAT Brands, opened its fourth restaurant in the greater Phoenix area, an all new drive thru location in Surprise, Arizona, featuring its core pasta dishes and unlimited breadsticks.
Narrative Update • Dec 25
FAT: Expanding Franchise Footprint May Drive Upside Despite Higher Required Returns
Analysts have lowered their 12 month price target on FAT Brands from 15 dollars to 10 dollars, citing a higher required discount rate, slower expected revenue growth, and a modestly lower future earnings multiple, despite relatively stable profit margin assumptions. What's in the News Fazoli’s, a FAT Brands portfolio company, opened its fourth greater Phoenix restaurant in Surprise, Arizona, adding a new drive thru location to its regional footprint (company announcement) FAT Brands launched its first co branded Fatburger and Buffalo's Express in Dallas, expanding the burger and wings concepts to eight total Fatburger locations in Texas (company announcement) FAT Brands is actively seeking acquisitions, with management emphasizing disciplined deal making that enhances core brands while prioritizing balance sheet strengthening and deleveraging amid higher capital costs (Q3 2025 earnings call) Great American Cookies, under FAT Brands, opened its first location in Hattiesburg, Mississippi, bringing the chain to 10 stores across the state (company announcement) FAT Brands continues international and co branded expansion, including new Johnny Rockets units across Iraq, Chile, the UAE, Mexico, and Brazil, and a new Great American Cookies and Marble Slab Creamery location in Maryville, Tennessee (company announcements) Valuation Changes Consensus Analyst Price Target: fair value estimate reduced materially from 15 dollars to 10 dollars per share.Narrative Update • Dec 11
FAT: Global Footprint Expansion Will Drive Future Upside From Current Levels
Analysts have slightly raised their price target on FAT Brands to reflect a modestly higher implied fair value of $8.00 per share, citing incremental confidence in the company’s future earnings multiple and stable profit margins, despite only negligible tweaks to growth and profitability assumptions. What's in the News Opened the first co branded Fatburger and Buffalo's Express location in Dallas at Preston Hollow Village, expanding the Fatburger footprint in Texas to eight locations, with a grand opening promotion offering free burgers and fries to early customers (company announcement).Narrative Update • Nov 27
FAT: International Expansion Will Drive Future Upside Despite Increased Discount Rate
Analysts have raised their price target for FAT Brands to $8.00, citing improved revenue growth projections and adjustments to key financial assumptions. What's in the News Opened the first Fatburger and Buffalo's Express location in Dallas, Texas, bringing the total Fatburger locations in the state to eight.Narrative Update • Nov 12
FAT: International Expansion Will Drive Upside Potential Despite Lower Forecast
Analysts have lowered their price target for FAT Brands from $12.50 to $8.00. They cited a slowdown in anticipated revenue growth along with more conservative forward valuation metrics.Analysis Article • Nov 08
Is It Time To Consider Buying FAT Brands Inc. (NASDAQ:FAT)?
While FAT Brands Inc. ( NASDAQ:FAT ) might not have the largest market cap around , it received a lot of attention from...
New Narrative • Apr 07
Spin-offs, Debt Reduction And New Locations Will Drive Hospitality Success
The spin-off of Twin Hospitality Group and debt reduction plans aim to enhance investor confidence and strengthen financial health.Analysis Article • Nov 14
FAT Brands (NASDAQ:FAT) Has Announced A Dividend Of $0.14
The board of FAT Brands Inc. ( NASDAQ:FAT ) has announced that it will pay a dividend on the 29th of November, with...Analysis Article • Jul 30
FAT Brands (NASDAQ:FAT) Is Due To Pay A Dividend Of $0.14
FAT Brands Inc.'s ( NASDAQ:FAT ) investors are due to receive a payment of $0.14 per share on 30th of August. This...Analysis Article • May 31
Why FAT Brands Inc. (NASDAQ:FAT) Could Be Worth Watching
FAT Brands Inc. ( NASDAQ:FAT ), might not be a large cap stock, but it saw a double-digit share price rise of over 10...Analysis Article • May 03
FAT Brands (NASDAQ:FAT) Has Announced A Dividend Of $0.14
FAT Brands Inc. ( NASDAQ:FAT ) will pay a dividend of $0.14 on the 31st of May. This means the annual payment is 7.6...Analysis Article • Feb 23
Estimating The Fair Value Of FAT Brands Inc. (NASDAQ:FAT)
Key Insights The projected fair value for FAT Brands is US$8.51 based on Dividend Discount Model FAT Brands' US$7.85...Analysis Article • Jan 23
Potential Upside For FAT Brands Inc. (NASDAQ:FAT) Not Without Risk
FAT Brands Inc.'s ( NASDAQ:FAT ) price-to-sales (or "P/S") ratio of 0.3x may look like a pretty appealing investment...Analysis Article • Sep 21
Is It Too Late To Consider Buying FAT Brands Inc. (NASDAQ:FAT)?
FAT Brands Inc. ( NASDAQ:FAT ), might not be a large cap stock, but it saw a decent share price growth in the teens...CEO
Keshav Lall (42 yo)
less than a year
Tenure
Mr. Keshav Lall is Interim Chief Executive Officer of FAT Brands Inc. from April 29, 2026. Mr. Lall is Interim Chief Executive Officer of Twin Hospitality Group Inc. from April 29, 2026. Mr. Lall was an In...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Financial Officer | 5yrs | US$550.00k | 0.61% $ 6.1k | |
| Chief Concept Officer | 8.3yrs | no data | 1.25% $ 12.3k | |
| Founder | less than a year | US$6.83m | 43.92% $ 434.7k | |
| Interim Chief Executive Officer | less than a year | no data | no data | |
| Chief Information Officer | 1yr | no data | no data | |
| Executive VP | 5.2yrs | no data | no data | |
| Chief Marketing Officer | 3yrs | no data | no data | |
| Senior Vice President of Finance | 7.8yrs | US$313.86k | no data | |
| President of Fazoli's and President & COO of Casual Dining Division | 8.6yrs | US$355.55k | no data | |
| Chief Operating Officer of Fast Casual Division | 6.3yrs | no data | no data | |
| President of Quick-Service Restaurant Division | 3yrs | no data | no data | |
| President of Round Table Pizza Division | 3yrs | no data | no data |
4.0yrs
Average Tenure
59yo
Average Age
Experienced Management: FATA.Q's management team is considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/21 21:44 |
| End of Day Share Price | 2026/05/21 00:00 |
| Earnings | 2025/09/28 |
| Annual Earnings | 2024/12/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
FAT Brands Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Gomes | NOBLE Capital Markets, Inc. |