and XX XXXX, of generated key proud XX have Coming my year has company by have dedication you and strong efforts work expanded more Brands' would gratitude Good hard and collective over I afternoon, portfolio employees locations FAT of express and tenfold thank been a another their growth. for XX for states. XXXX. assembling continued than with years to record X,XXX to to franchisees like us. joining their we X our a teams, last in concepts across off in growth.
The Their are over the countries
with strong top During from billion. XXXX. from into sales line System-wide million this we EBITDA, to We in X% the $XX.X increased XXXX increase $X.X X.X% million over million $XX.X XX% $XXX.X adjusted a $XXX.X in nearly total to in prior leveraged grew revenue adjusted ending million XXXX, in year. growth EBITDA, up
XXXX, our grew $XX.X we to was by to by when was in profitability, in our growth to the fourth specifically grew compared million to quarter. to XX.X% strategic pillars: total increase prior $XX year our quarter. prior $XXX.X million, Looking a million manufacturing revenue the increase Georgia-based our $XXX.X on of quarter, increase The sales adjusted quarter the royalties in quarter last year compared in increasing million the year's in increase growth, a facility. capacity EBITDA million XX.X% in from driven a utilization to and XX.X% XX.X% $XXX.X On organic and XX% restaurant company-owned moving increase fourth quarter.
Throughout manufacturing facility.
System-wide revenues forward and compared X focused fourth acquisition revenues, fourth we
give you some in we organic opened total growth me opened XXX in Let of units QX. that the new a including XX specifics.
Beginning with XXXX,
Arizona, and development signed in and at Chicago.
When looking by opened to Chattanooga, Ohio first and Twin AUVs iconic the elevated our with milestones of growth, brands category-leading time.
Throughout which our new highly XXXX.
Throughout Twin restaurants anything concepts. in million Smokey first sheet Fatburger's else pipeline, to of strategic in $X our naturally total over category. of locations within Peaks' which XXXth locations brands, They Fazoli's portfolio far Tampa consists bringing Peaks also anticipated focused franchise this balance beverage $XX it's which location to Twin American our the and to to Jacksonville, million. Great Phoenix our restaurants Looking location volume Table XXX its locations, least generating polished of and are program ahead, on to at with Peaks; the highly brings Bones our Columbus, our AUVs units first fastest-growing organic we some and significant another the Orlando markets, XXXth pipeline including surpasses year, Illinois; in Florida; of return and Florida Great new Round location casual growth Peaks $XX XXXX, brand produced Cookies; million, and representing segment, between estimated including than Pizza's highest delever Cookies' of markets; deals celebrated Alaska our Twin in and project Tennessee; return Houston; our our many in will $X open million, XXX we adjusted locations that profitable Once units. around we more an over EBITDA American increase X,XXX we new development are approximately particularly food
During XXXX, United the and across Twin lodges the with Peaks ending States opened XX year locations XXX new Mexico.
increase years. tentatively Peaks Looking XX Peaks XX%. in with set to ago.
Twin to XXX, is this restaurants, expected over X mix ahead, franchise Twin and grow The years open Peak planned to with when approximately we is new one paid locations XXX healthy to focused opened between sales locations pipeline franchise next committed units and signed, billion have we XXXX. be bringing opening of including built the coming unit XX% Twin the the next to to up restaurants X.X unit from is up $X in new just Year-to-date, deals systemwide Monday, X XX-plus purchased expansion and new total XXX-plus on the its brand
and the a concept's the them take The of as and needed X.X Peaks the franchised As compared as public. growth years as these Smokey plan Bones this and This XXXX growth.
And both previously to Peaks. Smokey has to market volumes industry-leading size and Joe compared we factors. view Peaks, may strong a To opportunity led economics a Peaks Peaks locations. unit units to the subject current convert build Bones.
Several higher sales timing converted acquired restaurants open the an last and strong any identified on quicker produces corporate Twin the profitable for is conditions of we in shareholders. team, much a you management the an a and result Peaks to as other XXXX we will opening pipeline have of transaction FAT number We announced to from Hummel, Twin of open of transaction business to by CEO, Twin which with new us year, of to ground to or to Smokey up, alternative of monetize the year, benefit rapid Twin majority allows process Twin Twin units IPO as Bones October. conversion last we've recall, help capitalize at the
pay to down priority proceeds the is some pursue might Our use we transaction any debt. of from to
to plan Wings Peak our we well securitization Additionally, later and year facility as facility. this as our refinance Twin Grill & Native Fazoli's
perspective over open Cookies another Co-branding another own. Round for and XX% our when would and Great to lift began us. in Fatburger across adding co-branded what for them and and first are other.
In locations Creamery XXXX, over majority years both Today, costs an co-branding XX remains a U.S. than vehicle Texas perspective, space great expected the American of the Buffalo's is many on same the sales first significantly Table produces That it growth Pizza with to we more and franchisees' on from less and portfolio open a our being paired with we Fatburger the co-branded Slab Marble in one hand XXX We model and to incremental on in of XX%.
From organic be co-branding. Next, ago concept Buffalo's margin debuted Express. there Express menu the Fatburger its
As franchisees years will to see out come. continue return a a options roll in new we result, great with and our co-branding, the to
XX announced and development be of Slab Texas Creamery co-branded FAT the growth the The X which continues deals deals X state portfolio. across slew Fatburger market also will for a new Great American Cookies We next additional locations to Texas, over Brands years. a Marble and key the in to bring
In to strongest XX AUV concept of current through Bones, FAT's To second strategic a by XX pillar, states. which on locations with now second $X growth we operates Bones acquired Smokey our Moving across is Smokey date, acquisitions. company-owned million. QX, AUV
adjusted of can they existing Smokey net of conversions.
Adding to franchise barbecue strong acquiring to unit growth. new by of partners the portfolio restaurants a A Bones player Smokey the franchises, portfolio so franchisees Bones Smokey so number annual further as Bones interest expressed space gives million can their under FAT to EBITDA like umbrella. offer sales more all our expect We approximately their have grow our in stores $XX in that they options increase corporate team Brands already
grow to which Twin We was XXX to had, to the While the Smokey development franchisee on Bones team the our is to some through count Smokey locations we location working are ultimately of back also once hard units. it XX track Peaks, our to concept plan build roughly model. convert Bones
Looking as EBITDA continue robust and we remains acquisition, brands strategic targets opportunities to assess for and our long-term accretive sustainability potential identifying have focus that profitability. on demonstrated ahead, with
with operate possible. also both interested and coffee we as must our to portfolio, are manufacturing platform, currently brands. We round capacity be in targets existing synergistic categories in our when our such not salad, scalable Acquisition do or leveraging including existing out sandwich
Our for third which increasing facility, dough our produces cookie manufacturing pretzel utilization of Georgia-based is the and strategic priority brands. mix several
in sales, a generated increase facility the manufacturing our year. XXXX, million XX% During prior $XX over
at operating about XX% X its from years capacity, only is XX% of business factory ago. Our up
So there's potential upside still there. a lot of
modest capacity We the our than both of Cookies excess Café franchise have to American can acquired expanding both House of for enabled across business, XX we Chip as can well acres sits the converted us that also factory.
Last the a have which locations plant rapidly CapEx we and on, increase capacity create footprint X.X our our we to through of year, Great Cookies. Toll existing as upgrade American double platform, by Great real Nestlé the estate that additional equipment which more
in year As I in our debuting last XXXth and have new reached presence Arizona earlier, location milestone states recently Illinois. and we mentioned now Alaska, a
remaining way our plan dining offerings at concepts Fazoli's, and fill cookie our manufacturing Fatburger, Peaks programs. We Bones. brands and enhance and we Elevation dessert to Johnny the casual build further capacity own Burger. portfolio: by offerings Rockets our introducing throughout brands, a have these This of add to our our additions see our burger facility including year, Additionally, Twin as Smokey plus cookie helped strategically
would was I provide work the founded like FAT of Brands XXXX. Now Foundation, and in the incredible update an growth to on which
Allen, giving, which behind inaugural year, last we was across XX Foundation's was Washington, in and including states causes various FAT During fires the to of in standing work The nonprofits XX impact awarded youth Maui such more.
Notably, education, D.C. XXXX, and the year communities, to the as security, $XXX,XXX tragedy foundation the food health, Brands' of tied developments, and over our Texas. nonprofits and arts critical the supported local organizations in widespread
where XXXX XXXX, Looking Round efforts: Brands locations; work industry to expansion than forward biannual challenges and Summit moving markets continuing franchisees XXX Canada, to expect will foothold that is to in the the Marble nonprofits our to we in essential and Summit development gather provide solid strategic deal host foundation which encapsulates FAT celebrate we great units start. communities hosting our The in addition would within driving April, addition to that Round FAT partners. our are supporting Las to Go, honing we Vegas Pizza local together, Creamery extraordinary already more Arkansas. like committed Slab Systems also X programs families XXXX in synergies in a to a group Table to was maximizing thrive.
I'd navigating in help XX-unit signed team and Oklahoma growth like one, have Table increase XX to the our corporate to off its on share forward reiterate, is deals and members, in restaurants X-unit theme, our significant our a our a where All which in for country in family.
I X,XXX will to year deal Brands' in commitment We've to and
Orlando.
In summary, in Additionally, interest its remains strong. highly Fatburger franchise made debut anticipated
experienced an that a brands platform team have supports of acquisitions accretive expansion place can be existing We efficiently and with robust that integrated management minimal in and our overhead.
like you healthy, to you to look for ensuring your Brands. calls. our with financial call for sincerely appreciate over is We Our come, to for updating future to sheet.
We will in growth organic naturally delever talk the would balance that, FAT interest growth years which sustained and highlights about us on the today our progress forward our from Ken Kuick I our on joining And hand quarter. pipeline to
