Biglari: Q1 Earnings Snapshot
By AP News
Published - May 05, 2023, 04:21 PM ET
Last Updated - Jun 21, 2023, 10:17 PM EDT
SAN ANTONIO (AP) — SAN ANTONIO (AP) — Biglari Holdings Inc. (BH) on Friday reported first-quarter net income of $64.9 million, after reporting a loss in the same period a year earlier.
The San Antonio-based company said it had net income of $222.28 per share.
The investment firm that owns or has holdings in Steak 'n Shake and Cracker Barrel restaurants, as well as Maxim magazine posted revenue of $90.2 million in the period.
Biglari shares have increased 38% since the beginning of the year. In the final minutes of trading on Friday, shares hit $191.05, an increase of 35% in the last 12 months.