Welcome to our dedicated page for Biglari Holdings news (Ticker: BH), a resource for investors and traders seeking the latest updates and insights on Biglari Holdings stock.
Biglari Holdings Inc. (NYSE: BH, BH.A) is a holding company with operations in restaurant, insurance, oil and gas, and Maxim segments. Its news flow often centers on financial results, segment performance, and shareholder communications, making the BH news page a focused source for company-specific developments.
Regular news releases from Biglari Holdings summarize earnings for each quarter and year, separating pre-tax operating earnings from investment gains or losses. The company explains that fluctuations in the carrying value of investments can significantly affect reported earnings, so it highlights operating performance before investment gains. These releases direct readers to detailed Forms 10-Q and 10-K for a full understanding of results.
For the restaurant operations segment, news items frequently discuss Steak n Shake’s same-store sales trends for U.S. operations, including both company-operated and franchise-partner-operated restaurants. Announcements have described same-store sales growth over specific quarters and fiscal periods, reflecting management’s focus on comparable-store performance within the restaurant business.
Other recurring topics in Biglari Holdings news include the posting of its annual report and shareholder letter, schedules and locations for annual shareholders meetings in San Antonio, Texas, and information about stock exchange listings. One release, for example, announced the dual listing of Biglari Holdings’ common stock on NYSE Texas in addition to its listing on the New York Stock Exchange.
Investors, analysts, and followers of BH stock can use this news page to review historical earnings summaries, commentary on operating versus investment results, restaurant same-store sales disclosures, and corporate announcements related to shareholder meetings and exchange listings.
Biglari Holdings Inc. (NYSE: BH.A; BH) reported significant losses for Q1 2022 compared to Q1 2021. Pretax operating earnings decreased to $5,967,000 from $8,876,000. Notably, the company faced an investment loss of $6,436,000, contrasting sharply with investment gains of $84,847,000 the previous year. The net loss for the quarter was $(298,000), a steep decline from net earnings of $71,707,000 in 2021. The company emphasizes that fluctuations in investment results are not indicative of its operational performance, urging shareholders to focus on underlying business results.
Biglari Holdings Inc. has published its 2021 Annual Report, available online at www.biglariholdings.com. The report includes Sardar Biglari's annual letter to shareholders, addressing the company's diverse business operations, including property and casualty insurance, licensing and media, restaurants, and oil and gas. It highlights the company’s subsidiaries, emphasizing its role in franchising and operating restaurants. The release also includes a caution about forward-looking statements, noting potential risks and uncertainties that may affect actual outcomes.
Biglari Holdings Inc. (NYSE: BH.A; BH) has reached a Final Judgment due to noncompliance with the Hart-Scott-Rodino Act's premerger reporting requirements. The issue arose from a technical error, as Biglari had previously obtained HSR clearance for acquiring Cracker Barrel Old Country Store, Inc. stock. However, this clearance expired when Biglari acquired an additional 55,141 shares in March 2020, during the pandemic-related government shutdown.
Biglari Holdings Inc. released its third quarter and nine-month results for 2021, showing significant fluctuations in earnings. Pre-tax operating earnings were $754K in Q3, improving from a loss of $854K in 2020. However, net earnings dropped to a loss of $10.7M, contrasting with a profit of $21.1M in 2020. Investment gains were negative, contributing to a loss of $15.7M for Q3. The company emphasizes that operating results should be analyzed without the influence of investment fluctuations. Full details are available in their 10-Q filing.
Biglari Holdings Inc. (NYSE: BH.A; BH) reported its financial results for the second quarter and first six months of 2021, revealing a net loss of $20,737 in Q2 compared to a profit of $42,466 in the same period last year. The company's pre-tax operating earnings improved to $8,406 from a loss of $3,527 in 2020. However, investment losses were significant at $35,341, contrasting with gains of $60,757 in 2020. For the first half of 2021, net earnings were $50,970, down from a loss of $95,419 in 2020. Shareholders are advised to review the detailed 10-Q report for comprehensive insights.
Biglari Holdings reported strong first-quarter 2021 results, highlighting pre-tax operating earnings of $8,876,000 compared to a loss of $5,973,000 in 2020. Investment gains surged to $84,847,000, a significant turnaround from a loss of $175,742,000 the previous year. The net earnings for Q1 2021 stood at $71,707,000, up from a loss of $137,885,000 in Q1 2020. The company emphasizes that quarterly fluctuations in investments don't reflect ongoing performance, advising shareholders to consult their 10-Q for detailed insights.
Biglari Holdings Inc. has published its 2020 Annual Report, accessible online at www.biglariholdings.com. The report features Sardar Biglari's annual letter to shareholders, detailing the company's financial performance and strategic directions.
Biglari Holdings operates in various sectors, including property and casualty insurance, media, restaurants, and oil and gas. The company primarily focuses on franchising and operating restaurants.
Biglari Holdings (NYSE: BH.A; BH) has announced its 2021 Annual Shareholders Meeting scheduled for May 27, 2021, at 1:00 p.m. Central Time, at the Majestic Theatre in San Antonio, TX. Shareholders are encouraged to attend in person. The company operates through subsidiaries in diverse sectors, including property and casualty insurance, media, restaurants, and oil and gas. Its primary focus is on franchising and operating restaurants.
On November 6, 2020, Biglari Holdings (NYSE: BH.A; BH) reported its earnings for Q3 and year-to-date results for 2020. The company incurred a pre-tax operating loss of $854,000 in Q3 and $16.1 million for the first nine months. Investment gains for Q3 reached $27.6 million, contrasting with an investment loss of $87.4 million for the year-to-date period. Despite a net income of $21.1 million in Q3, the year-to-date net loss stands at $74.3 million. The press release cautions about the risks of forward-looking statements.
Biglari Holdings Inc. (NYSE: BH.A; BH) reported its financial results for Q2 and the first half of 2020, showing a net loss of $95,419,000 compared to a net gain of $31,792,000 for the same period in 2019. The pre-tax operating loss for Q2 was $4,894,000, while the first half loss was $15,213,000. Notably, the company recorded investment gains of $60,757,000 in Q2, contrasting with a substantial loss of $114,985,000 in the first half. The results highlight a significant downturn amid challenging market conditions.