Twin Hospitality Stock Price, News & Analysis

Twin Hospitality Group (NASDAQ: TWNP) has appointed Lexi Burns as Chief People Officer, effective immediately. Burns, who has been with Twin Peaks since 2010, will now oversee human resources and organizational development for both Twin Peaks and sister brand Smokey Bones.

During her 15-year tenure at Twin Peaks, Burns has been instrumental in the company's growth from 13 locations to 114 units, developing operating systems, training programs, and new store opening procedures. The company, which went public earlier this year, operates Twin Peaks sports bars across 27 states and Mexico, and Smokey Bones restaurants across 16 states with 51 locations.

Twin Hospitality Group (NASDAQ: TWNP) has appointed Ken Brendemihl as President of Smokey Bones, bringing over 25 years of restaurant leadership experience to the role. The company announced strategic updates for the BBQ chain, including the conversion of 19 restaurants into Twin Peaks lodges, with two completed conversions showing significantly higher average unit volumes of $7.8 million compared to $3.5 million as Smokey Bones.

The company is closing 15 underperforming locations and eliminating $1.5 million in corporate overhead. The remaining 26 Smokey Bones locations are generating positive cash flow, contributing approximately $3.0 million to total EBITDA on a trailing 12-month basis. Twin Hospitality plans to leverage FAT Brands' franchise model to create a more balanced corporate-to-franchise mix for future growth.

Twin Hospitality Group (NASDAQ: TWNP) has appointed Andrew Wiederhorn as Chairman of the Board of Directors, effective immediately. The company, which owns Twin Peaks and Smokey Bones restaurant brands, was recently spun off from FAT Brands Inc. (NASDAQ: FAT).

Wiederhorn, who has served as FAT Brands' Chairman since 2023 and played a key role in the spin-off transaction, will now lead Twin Hospitality's board. The company focuses on developing and operating specialty casual dining restaurant concepts with the aim of redefining the casual dining category through experiential driven brands.

Twin Hospitality Group (Nasdaq: TWNP) announces the opening of a new Twin Peaks lodge in Fayetteville, North Carolina, marking its 115th location brandwide. The 8,200-square-foot sports lodge, located at 1891 Skibo Road, represents the company's third Smokey Bones conversion, a strategic approach enabling faster market entry with lower build-out costs.

The new location, operated by franchise group Music City, LLC, will feature 70 TVs, 32 beers on tap, and is creating over 100 new jobs. Set to open in Q4 2025, this marks Twin Peaks' second North Carolina location, reinforcing the company's expansion strategy that combines operational efficiency with its hospitality-driven model.

Twin Peaks Restaurant (NASDAQ:TWNP) has launched its first nationwide online fantasy football draft party reservation system. Through September 4, 2025, league commissioners can book tables and receive exclusive perks including draft kits, food and drink specials, and kickback cards.

The promotion offers a $50 kickback card for commissioners and $5 kickback cards for guests, valid for food purchases from September 5 to December 31, 2025. Additionally, guests will have the opportunity to win $1,000 in cash throughout the football season.

Twin Hospitality Group (NASDAQ: TWNP) reported challenging fiscal Q2 2025 results, with total revenue declining 4.1% to $87.8 million compared to $91.6 million in the prior year. The company posted a net loss of $20.8 million, significantly wider than the $10.7 million loss in Q2 2024.

New CEO Kim Boerema outlined six strategic priorities focusing on operational fundamentals, cost reduction, and menu optimization. While Twin Peaks system-wide sales showed a modest 0.3% increase, same-store sales declined 4.4%. Restaurant contribution margin was 11.8%, with Twin Peaks at 17.7% and Smokey Bones at 4.9%.

The company's development pipeline includes a new franchised location in Fayetteville, North Carolina, and two company-owned conversions planned for early 2026. With nearly 100 signed franchise agreements, TWNP maintains confidence in its expansion strategy through new builds and conversions.

Twin Hospitality Group (NASDAQ: TWNP), operator of Twin Peaks and Smokey Bones restaurant brands, will release its Q2 2025 financial results on July 30, 2025. The company will host an earnings conference call at 5:15 PM ET, led by CEO Kim Boerema and CFO Ken Kuick.

Twin Hospitality operates 165 restaurants across two brands: Twin Peaks, an ultimate sports lodge concept with 114 locations across 27 states and Mexico, and Smokey Bones, a meat-centric restaurant brand with 51 locations in 16 states. The earnings call will be accessible via phone and webcast, with replay available until August 13, 2025.

Twin Hospitality Group Inc. (NASDAQ: TWNP), the parent company of Twin Peaks Restaurant, announced its participation in Noble Capital Markets' Emerging Growth Virtual Equity Conference on June 4, 2025. The presentation is scheduled for 4:00 PM EST, with opportunities for 1x1 meetings with management available for qualified investors. Twin Peaks, founded in 2005, operates 116 locations across the U.S. and Mexico as a sports-themed casual dining restaurant chain. The company focuses on made-from-scratch food and cold beer service in a sports lodge atmosphere. The presentation will be available for 90 days on both the company's website and Channelchek.com.

Twin Hospitality Group Inc. (NASDAQ: TWNP) has appointed Kim Boerema as its new Chief Executive Officer, effective immediately. Boerema brings over 30 years of industry experience in scaling restaurant operations. He most recently served as President and COO of Parry's Pizzeria & Taphouse, where he expanded the concept from 10 to approximately 30 units in 2.5 years.

Boerema's previous roles include CEO of Iron Hill Brewery and Restaurant, COO of California Pizza Kitchen, and Regional VP at Texas Roadhouse, where he managed 125 units across 22 states. Twin Peaks, founded in 2005, currently operates 116 locations across the U.S. and Mexico, with a pipeline of 100 new lodges planned. The company positions itself as an ultimate sports lodge featuring made-from-scratch food and experiential dining.