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FAT Brands reports disappointing quarterly earnings and revenue, causing its stock to plummet.
FAT Brands, a company owning restaurant brands like Round Table Pizza and Marble Slab Creamery, reported lower-than-expected quarterly earnings and revenue.
The earnings per share were ($4.06), missing estimates by $1.38, and revenue was $145.28 million, below the expected $157.45 million.
The company's stock fell to $3.29, and it has a market capitalization of $56.28 million.
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Las marcas FAT reportan ganancias e ingresos trimestrales decepcionantes, causando que su stock se desplome.