Four Corners Property Trust

Four Corners Property Trust, Inc. engages in the owning, acquisition, and leasing of properties for use in the restaurant and food-service related industries. It operates through the following business segments: Real Estate Operations and Restaurant Operations. The Real Estate Operations segment consists of rental revenues generated by leasing restaurant properties. The Restaurant Operations segment consists of the Kerrow Restaurant operating business. The company was founded on July 2, 2015 and is headquartered in Mill Valley, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Four Corners Property Trust (FCPT) excels in Q4 2022, eyes growth opportunities

FCPT's Q4 2022 performance showcased robust financial metrics, including strong AFFO growth and increased cash rental revenues.
While facing minor challenges such as margin pressures and higher interest expenses, the company remains well-positioned to leverage opportunities for growth and operational enhancements.
With a focus on strategic acquisitions, operational investments, and team expansion, FCPT is poised for continued success in the real estate market.

FCPT excels in Q2 with strong portfolio performance and strategic acquisitions

FCPT's Q2 performance reflects a robust real estate portfolio, marked by high occupancy rates, revenue growth, and strategic acquisitions in key sectors.
Despite challenges in debt markets, the company's prudent financial management and successful debt issuance demonstrate resilience and adaptability.
With a focus on maintaining financial stability and seizing growth opportunities, FCPT is well-positioned to navigate market dynamics and drive long-term value creation.

FCPT reports solid Q3 performance amidst capital challenges and growth opportunities

FCPT's Q3 performance reflects stability and growth, supported by strong financial metrics and high occupancy rates.
While facing challenges in the capital market environment, the company maintains a disciplined approach to capital allocation.
Opportunities lie in the positive performance of the restaurant sector and strategic capital sources for future growth and value creation.

Four Corners Property Trust reports resilient Q4 performance and strategic focus

FCPT's Q4 performance reflects growth in AFFO, record acquisitions, and strategic portfolio optimization despite challenges like slowed acquisition activity and broken deal costs.
The company's strengths lie in its strong capital position, disciplined capital allocation strategy, and focus on quality acquisitions, while challenges include managing debt ratios and deal costs.
Opportunities for FCPT include strategic acquisitions in the current market landscape, leveraging its financial strength for growth, and proactive debt management for sustained stability and value creation.

FCPT reports solid Q1 earnings, navigates challenges with strategic focus

FCPT's Q1 2024 earnings call showcased a robust financial performance, underpinned by strong metrics and prudent financial decisions. While facing challenges in acquisition activity and tenant management, the company remains focused on leveraging opportunities for growth and optimizing its portfolio. With key leadership changes and a clear strategic direction, FCPT is poised for continued success in the real estate sector.

FCPT reports strong Q3 earnings, poised for strategic growth

Four Corners Property Trust (FCPT) delivered a solid Q3 performance, acquiring properties and maintaining a strong portfolio. With minimal exposure to risky sectors, diversified brands, and a healthy balance sheet, FCPT is well-positioned for growth. The company's focus on disciplined investments and active pipeline signal future opportunities for expansion.

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Four Corners Property Trust, Inc. engages in the owning, acquisition, and leasing of properties for use in the restaurant and food-service related industries. It operates through the Real Estate Operations and Restaurant Operations segments. The Real Estate Operations segment consists of rental revenues generated by leasing restaurant properties. The Restaurant Operations segment includes the Kerrow Restaurant operating business. The company was founded on July 2, 2015 and is headquartered in Mill Valley, CA.

Four Corners' (FCPT) buyouts come as part of its efforts to capitalize on acquisition opportunities backed by balance-sheet strength, and bolster portfolio growth.

Four Corners Continues Acquisition Spree, Adds Two Properties

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Texas Roadhouse property for $3.8 million. The property is located in a strong retail corridor in Illinois and is occupied under a triple-net lease with the corporate operator. The lease has approximately 15 years of term remaining.

FCPT Announces Acquisition of a Texas Roadhouse Property for $3.8 Million

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a LongHorn Steakhouse property for $3.2 million from Darden Restaurants via a sale-leaseback. The property is located in Florida and is occupied under a triple-net lease with five years of term and annual rent increases of 1.5%. The tr

FCPT Announces Sale Leaseback of a LongHorn Steakhouse Property for $3.2 Million

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc.

FCPT Declares Third Quarter 2020 Dividend

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Chick-fil-A restaurant property for $2.1 million from the previously announced Washington Prime Group transaction.

FCPT Announces Acquisition of a Chick-fil-A Property from Washington Prime Group for $2.1 Million

Four Corners' (FCPT) buyouts come as part of its efforts to capitalize on acquisition opportunities on balance-sheet strength, and bolster portfolio growth.

Four Corners (FCPT) Continues Expansion With $3.8M Purchase

The company only has minimal exposure to New York and California which are the two states with the strictest re-opening guidelines.

Four Corners Property Trust: A Safe Bet On The Restaurant Industry

Four Corners' (FCPT) acquisitions are part of its efforts to capitalize on solid acquisition opportunities, backed by balance-sheet strength, and boost the company's portfolio growth.

Four Corners on Buyout Spree, Acquires 2 Seritage Properties

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of two properties for $7.0 million from the Seritage transaction announced in October 2019 and expanded in August 2020.

FCPT Announces Acquisition of Two Properties from Seritage Transaction for $7.0 Million

Four Corners' (FCPT) expansion moves are part of its efforts to leverage on solid acquisition opportunities, backed by balance-sheet strength, and fuel portfolio growth.

Four Corners Boosts Portfolio with Asset Buyout from Seritage

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MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a corporate-operated BJ’s Restaurant and Brewhouse property for $3.1 million from the Seritage transaction announced in October 2019 and expanded in August 2020.

FCPT Announces Acquisition of a BJ’s Restaurant Property from Seritage Transaction for $3.1 Million

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Four Corners Property Trust: An Attractive 4.8% Yield With Resilient Properties

Four Corners Unveils Outparcel Portfolio Growth With Seritage

Four Corners' (FCPT) buyouts are part of its efforts to bank on solid acquisition opportunities, backed by balance-sheet strength, and fuel portfolio growth.

Four Corners on Expansion Spree, Buys Property Worth $2.2M

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Tires Plus property for $2.2 million.

FCPT Announces Acquisition of a Tires Plus Property for $2.2 Million

Four Corners Property Trust, Inc. (FCPT) CEO William Lenehan on Q2 2020 Results - Earnings Call Transcript

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a ground-leased Olive Garden property and additional acreage approved for another restaurant site for $5.5 million.

FCPT Announces Acquisition of an Olive Garden Property and Adjacent Land for $5.5 Million

Four Corners Property (FCPT) delivered FFO and revenue surprises of 13.33% and 2.89%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Four Corners Property Trust (FCPT) Surpasses Q2 FFO and Revenue Estimates

FCPT Announces Second Quarter 2020 Financial and Operating Results and COVID-19 Update

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Caliber Collision property for $1.8 million.

FCPT Announces Acquisition of a Caliber Collision Property for $1.8 Million

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a BP gas station property for $3.3 million. The ground lease is guaranteed by BP corporate (NYSE: BP), has a sub-lease to a Dunkin’ Donuts franchisee, and is occupied under a triple-net lease with approximately 4 years of term remainin

FCPT Announces Acquisition of a BP Gas Station Property for $3.3 Million

Four Corners' (FCPT) recent acquisitions come as part of its efforts to capitalize on solid expansion opportunities, backed by balance-sheet strength.

Four Corners Continues Expansion, Adds Carrabba's Property

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Carrabba’s property for $1.6 million from the Seritage transaction previously announced in October 2019. This property is located in South Carolina within a highly trafficked and populated corridor. This lease is corporate-operated w

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