Welcome to our dedicated page for Twin Hospitality news (Ticker: TWNP), a resource for investors and traders seeking the latest updates and insights on Twin Hospitality stock.
Twin Hospitality Group Inc. (NASDAQ: TWNP) is the parent company of the Twin Peaks and Smokey Bones restaurant brands, and its news flow reflects developments across this specialty casual dining platform. As a restaurant operator and franchisor in the consumer cyclical sector, Twin Hospitality regularly issues updates on brand expansion, financial performance, capital structure and leadership changes.
News about Twin Peaks often covers new lodge openings, area development agreements and market entries. Recent announcements describe expansion into states such as Connecticut through multi-unit franchise agreements, as well as new locations in key regional markets backed by experienced hospitality operators. Company releases also highlight Twin Peaks’ positioning as a sports lodge concept featuring made-from-scratch food, 29-degree draft beer and sports on wall-to-wall televisions.
Updates related to Smokey Bones and the broader Twin Hospitality portfolio include information on restaurant conversions, closures of underperforming units and initiatives aimed at improving restaurant-level profitability. Quarterly earnings press releases and associated conference calls provide detail on restaurant sales, franchise revenue, restaurant contribution margins, EBITDA and adjusted EBITDA, along with commentary on same-store sales and system-wide sales trends.
Investors following TWNP news will also see disclosures on financing and governance, such as the company’s committed equity facility with White Lion Capital LLC, securitization note developments, Nasdaq listing notices and proxy-related information. Leadership announcements, including appointments of executives in roles such as Chief Executive Officer, Chief Marketing Officer and Chief People Officer, further illustrate how the company is shaping its management team to support its experiential dining brands.
This news page aggregates these company-issued updates and related coverage so readers can track how Twin Hospitality’s strategic decisions, brand development and financial reporting evolve over time. For those monitoring TWNP, it provides a single view of the announcements that help explain the company’s direction and operational priorities.
Twin Hospitality Group (Nasdaq: TWNP) announced it has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas to deleverage its balance sheet, maximize stakeholder value, and support brand growth. The company said its Twin Peaks and Smokey Bones restaurants will remain open and operating as usual during the process. Trading of Twin Hospitality securities on Nasdaq is expected to continue with a "Q" suffix during the Chapter 11 period. The company named Omni Agent Solutions, Latham & Watkins, GLC Advisors, and Huron Consulting as key advisors and directed stakeholders to a dedicated claims website for filings and claims information.
Twin Hospitality Group (Nasdaq: TWNP) announced leadership changes effective Dec 29, 2025: Andy Wiederhorn is appointed Chief Executive Officer following the termination of Kim Boerema, and Roger Gondek will add the title of President of Twin Peaks Restaurant while remaining Chief Operating Officer.
Wiederhorn has served as Chairman since August 2025 and led the spin‑out of Twin Peaks and Smokey Bones into Twin Hospitality Group. Gondek has been COO since 2017 with about 15 years of brand experience. Management says the restructuring aims to streamline operations, minimize overhead, and support debt restructuring.
Twin Peaks (Nasdaq: TWNP) will reopen in Omaha with a new 8,000-square-foot lodge at 313 N 179th Street in Village Pointe, opening day on Jan. 24, 2026. The lodge features two full-service bars, a 64-tap beer lineup, wall-to-wall TVs, a patio, a scratch kitchen and signature menu items like hand-smashed burgers and smoked-and-grilled wings.
The franchise group 3B Lodge will lead development; the location is expected to create more than 150 jobs. Hiring is underway via TalentReef and on-site auditions; details on opening events will be announced.
Twin Hospitality Group (Nasdaq: TWNP) announced on Dec. 18, 2025 it signed an area development agreement to open Twin Peaks sports lodges in Connecticut. The agreement grants development rights for three future lodges across key markets including New Haven, Hartford, Danbury, Stamford/Bridgeport, and Waterbury.
The Connecticut locations will be developed by New London Hospitality, led by Deepak Verma and Kam Singh, who have multi‑unit hospitality experience with brands such as Red Roof Inn, Choice Hotels, and Hilton. The move marks Twin Peaks' debut in the state and supports continued Northeast expansion.
Twin Hospitality Group (NASDAQ: TWNP) entered a letter of intent to acquire eight Twin Peaks franchised restaurants in Florida from DMD Ventures for approximately $47 million in cash.
The locations include Davie, Fort Myers, West Palm Beach, Pembroke Pines, Hollywood, Cypress Creek, Doral and Naples. The deal is expected to add about $76–$77 million in annual revenue and $9–$10 million in annual EBITDA, with an anticipated close in Q1 2026, subject to a definitive purchase agreement, financing and customary closing conditions.
Management says the incremental EBITDA should help reduce leverage and strengthen the company balance sheet while the business continues to pursue franchise-driven expansion.
Twin Hospitality Group (NASDAQ: TWNP) reported fiscal Q3 2025 results for the period ended September 28, 2025. Total revenue was $82.3 million, down 1.6% year‑over‑year. The company reported a net loss of $24.5 million and a loss from operations of $13.4 million. Restaurant contribution margin was 9.6% (Twin Peaks 17.0%, Smokey Bones -0.3%). Adjusted EBITDA was $3.0 million versus $2.3 million a year earlier. Management closed 11 underperforming Smokey Bones locations and incurred related closure and impairment charges that materially raised G&A to $19.5 million. A conference call and webcast is scheduled today at 5:15 PM ET.
Twin Hospitality Group (NASDAQ: TWNP) will host a conference call to review third quarter 2025 financial results on Wednesday, November 5, 2025 at 5:15 PM ET. A press release with the Q3 2025 results will be issued prior to the call.
Dial-in numbers: U.S. 1-877-407-0792, International 1-201-689-8263. Replay available through Wednesday, November 19, 2025 at U.S. 1-844-512-2921 or international 1-412-317-6671 (passcode 13755606). The call will be hosted by CEO Kim Boerema and CFO Ken Kuick and webcast live from the corporate website under the Investors section.
Company profile: Twin Hospitality operates Twin Peaks (114 locations across 26 states and Mexico) and Smokey Bones (45 locations across 15 states).
Twin Hospitality Group (NASDAQ: TWNP) announced that Noble Capital Markets initiated company-sponsored equity research coverage on October 22, 2025. The Noble report by analyst Joe Gomes and market data are available on Channelchek. Twin Hospitality was spun out from FAT Brands earlier in 2025 and operates two concepts: Twin Peaks (114 locations across 27 states and Mexico) and Smokey Bones (45 locations across 15 states).
Investor and media contacts were provided for further inquiries.
Twin Hospitality Group (NASDAQ: TWNP) appointed Melissa Fry as Chief Marketing Officer effective October 8, 2025. Fry brings over 25 years of restaurant and hospitality marketing experience, most recently as Senior Director of Marketing at Hooters of America.
Since joining in May, CEO Kim Boerema has strengthened the executive team with several hires and promotions. With nearly 100 Twin Peaks units in the development pipeline, Fry will lead brand awareness, digital and local marketing, and experiential initiatives across Twin Peaks and Smokey Bones.
Twin Peaks Restaurant (NASDAQ:TWNP) has announced an expansion of its support for military veterans and first responders through a new lunch campaign running from September 11 through November 11, 2025. The company will donate a portion of weekday lunch sales to the Tunnel to Towers Foundation, adding to the $530,000+ already raised since 2022.
The restaurant chain offers daily 20% food discounts to military veterans and first responders, and will provide free lunch to veterans and active-duty service members on Veterans Day 2025. The Tunnel to Towers Foundation, established in memory of FDNY firefighter Stephen Siller, provides mortgage-free homes for Gold Star families and adapted smart homes for injured veterans and first responders.
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