|Bid||88.00 x 1000|
|Ask||120.00 x 900|
|Day's Range||108.00 - 113.00|
|52 Week Range||83.02 - 202.00|
|Beta (3Y Monthly)||1.98|
|PE Ratio (TTM)||0.62|
|Earnings Date||Aug 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Steak 'n Shake revealed this month that it has temporarily closed 103 restaurants as of June 30, up from the 44 temporary closures it reported in May.
San Antonio, TX , Aug. 2, 2019 /PRNewswire/ -- Biglari Holdings Inc. (NYSE: BH.A; BH) announces its results for the second quarter and first six months of 2019. Biglari Holdings Inc.'s earnings for the ...
S&P; Global Ratings said Friday it expects Steak 'n Shake's operating results "to deteriorate further," adding that the hamburger chain is at heightened risk for a debt restructuring.
Have you tried eating at a Steak ‘n Shake in Louisville recently? There’s a good chance it was closed.
Sardar Biglari, CEO of Biglari Holdings, has sold $265 million of Cracker Barrel stock since November. He remains the restaurant chain’s top shareholder.
Chairman and CEO of Biglari Holdings Inc (NYSE:BH) Sardar Biglari, bought 4,868 shares of BH on 06/14/2019 at an average price of $153.15 a share.
was canceled, and days later again after Bass Pro Shops announced it was ending it's marketing agreement with the company, should get a boost Friday, following pre-market announcement of a settlement with Bass Pro. BXG will not only be able to sell out of Bass Pro locations, it will also be able to do so from 75 Cabela's location (Bass Pro acquired Cabela's in 2017). Part of the agreement requires BXG to pay Bass Pro $20 million now, plus $5 million a year from 2020 and 2024, but this may put BXG back in the game.
is planning to undertake a reverse stock split is just the latest indicator of trouble for the stock. Of course, such a move also reduces shares outstanding, so shareholders would theoretically end up with the same economic value of shares held previously. Blue Apron went public less than two years ago at $10 a share, hit $11 briefly, but it's been downhill ever since.
"The downgrade and negative outlook reflect the continued challenging operating environment with reduction in same store sales and traffic, coupled with high costs, including labor, that have compressed the company's operating margins and weakened credit protection measures", stated Adam McLaren, Moody's Senior Analyst. Steak n Shake's rating is constrained by its modest scale in terms of revenue, number of restaurants, and narrow product offering in addition to operating performance that is hampered by negative traffic and same store sales trends, intense competition and cost inflation related to labor.
A series of "temporary" Steak 'n Shake closures in the St. Louis area, including at least two recent ones, are tied to potential takeovers by franchisees.
A federal court has ordered Steak 'n Shake to pay nearly $3 million in damages after a jury trial involving claims that the fast food chain didn't pay managers for overtime work.
Sometimes an agitating shareholder with a major stake can significantly affect a company’s profitability -- and share price.
NEW YORK, Feb. 14, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
President Donald Trump signed the Tax Cuts and Jobs Act into law in December 2017, which cut the corporate tax rate from 35 percent to 21 percent, though the effective tax rate, or the percentage of income companies actually paid, varies. The Business Journal took a look at how the change impacted the bottom line at a few local companies. The effective tax rate for Cullen/Frost Bankers Inc. has been less than 11 percent since 2016, but Rush Enterprises saw a significant decrease in its effective tax rate, from 38.7 percent in 2017 to 25 percent this past year.
Chairman and CEO of Biglari Holdings Inc (NYSE:BH) Sardar Biglari, bought 393 shares of BH on 12/17/2018 at an average price of $727.99 a share.
A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of First Guard Insurance Company (First Guard) (Venice, FL). First Guard is a subsidiary of Biglari Holdings Inc. (BH). The ratings reflect First Guard’s balance sheet strength, which A.M. Best categorizes as strongest, as well as its very strong operating performance, limited business profile and appropriate enterprise risk management.
Is Biglari Holdings Inc (NYSE:BH) a good bet right now? We like to analyze hedge fund sentiment before doing days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy league graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage […]
It has been another good year for restaurant stocks, with the "Big Five" -- consisting of McDonald's Corp. (up 9% year to date), Yum Brands Inc. (up 41%) -- up an average of 30% year to date, handily trouncing the S&P 500 (up 4%).
Steak 'n Shake Inc. is shaking up its franchise model in an attempt to draw more focused and committed franchisees. The Indianapolis-based company is calling the deal a "franchise partnership." It is offering to split profits 50-50 from its Louisville stores for only a $10,000 investment from a franchise partner, but there's a caveat — the partner must go through a six-month training program to become a managing partner of the store who is engaged in daily operations. Steak 'n Shake still will own the stores and will take half of the units' profits, but it also will foot the bill for most of the operational costs of the restaurants.
On a per-share basis, the San Antonio-based company said it had a loss of $39.50. The investment firm that owns or has holdings in Steak 'n Shake and Cracker Barrel restaurants, as well as Maxim magazine ...