Biglari Holdings Inc (N:BH)

Business Focus: Quick Service Restaurants

Sector:  Consumer Cyclicals Industry:  Restaurants & Bars
See Regulatory Filings on SEC
Company Contact
Address: 17802 W Interstate 10 Ste 400
SAN ANTONIO TX 78257-2509
Tel: N/A
IR: See website
Key People
Business Overview
Biglari Holdings Inc., through its subsidiaries, is engaged in diverse business activities that include media, property and casualty insurance, and restaurants. The Company, through its subsidiaries, Steak n Shake Inc. (Steak n Shake) and Western Sizzlin Corporation (Western), is engaged in the restaurant business. Steak n Shake comprises of 415 ownly operated restaurants and 201 franchised units. Western comprises of four ownly operated restaurants and 58 franchised units. The Company, through First Guard Insurance Company and its agency, 1st Guard Corporation provides property and casualty insurance services. It is a direct underwriter of commercial trucking insurance, selling physical damage and non-trucking liability insurance to truckers. The Company is engaged in the business of media and licensing through, Maxim Inc.
Financial Overview
For the 13 weeks ended 31 March 2019, Biglari Holdings Inc revenues decreased 10% to $181.9M. Net income totaled $9.8M vs. loss of $1.8M. Revenues reflect Restaurant Operations segment decrease of 10% to $173.8M, Comparable Store Sales (Growth- %)-Steak decrease from -1.7 to -7.9%, Growth in Guest Counts - %-Steak n Shake decrease of 7% to -7.7%. Net Income reflects Investment partnership gains increase from $3.5M to $34.2M (income).
Employees: 18,684 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $524.65M as of Mar 31, 2019
Annual revenue (TTM): $789.53M as of Mar 31, 2019
EBITDA (TTM): -$0.29M as of Mar 31, 2019
Net annual income (TTM): $29.68M as of Mar 31, 2019
Free cash flow (TTM): $1.18M as of Mar 31, 2019
Net Debt Last Fiscal Year: $199.56M as of Mar 31, 2019
Shares outstanding: 2,275,504 as of May 1, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization