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Biglari: Q3 Earnings Snapshot

Biglari: Q3 Earnings Snapshot

By AP News
Published - Nov 08, 2024, 04:33 PM ET
Last Updated - Dec 16, 2024, 05:32 PM EST

SAN ANTONIO (AP) — SAN ANTONIO (AP) — Biglari Holdings Inc. (BH) on Friday reported third-quarter net income of $32.1 million, after reporting a loss in the same period a year earlier.

The San Antonio-based company said it had net income of $114.77 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 $90.4 million in the period.

Biglari shares have increased 9.5% since the beginning of the year. In the final minutes of trading on Friday, shares hit $180.60, an increase of 24% in the last 12 months.

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