Investing.com - FAT Brands reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
FAT Brands announced earnings per share of $-1.42 on revenue of $103.20. Analysts polled by Investing.com EPS of $-0.85 on revenue of $105.88M.
FAT Brands 's are down 24% and is trading at $8.02 , still down 38.92% from its 52 week high of $13.13 set on Wednesday, November 3, 2021.
FAT Brands follows other major Consumer Discretionary sector earnings this month
FAT Brands's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1.03 on revenue of $22.5B.
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