FAT Brands Expands into Raleigh Area with New Dessert Spot

FAT Brands has launched a new co-branded dessert spot in Sanford, North Carolina, expanding its presence in the Raleigh area and solidifying its footprint in the state. The company's revenue has grown by 62.5% over the past three years, but it has faced a revenue decline of 2.4% over the past year. FAT Brands operates within the consumer cyclical sector, with a market capitalization of approximately $34.49 million. The company's diverse brand portfolio and strategic expansions could drive future growth, but its financial health remains a concern, with high levels of debt and declining margins.