Twin Hospitality Group Inc. Announces New Leadership and Strategic Update for Smokey Bones
1. Ken Brendemihl appointed as President of Smokey Bones effective immediately. 2. Twin Hospitality closing underperforming Smokey Bones locations for better profitability. 3. Two conversions to Twin Peaks have significantly improved average unit volumes. 4. FAT Brands aims for a balanced corporate-to-franchise mix for growth. 5. Cash flow was positive, contributing $3 million to total EBITDA last year.