See how San Antonio's energy sector fared amid the stock market's coronavirus scare as the CDC warns of a worst case scenario.
Plan to turn around under-performing locations holds true to chairman's vision of running an 'unorthodox' company
Using cash accumulated from millions of shares in Cracker Barrel, the local Warren Buffett wannabe made his first acquisitions in years to diversify his cash flow.
Biglari Holdings (NYSE:BH.A) shares have retraced a considerable in the last month. But there's still good reason for...
The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 delivered very strong gains as a result, with the Russell 2000, which is composed of smaller companies, outperforming the large-cap stocks slightly during the first quarter. Unfortunately sentiment shifted […]
The Biglari Holdings (NYSE:BH.A) share price has done well in the last month, posting a gain of 34%. But shareholders...
Brands recent acquisition of burger restaurant The Habit will bring the former into the burger business. YUM already has vast exposure to pizza (Pizza Hut), fast Mexican food (Taco Bell) and chicken (KFC), so this seemingly expands the company's horizons. In context, the move merely dips YUM's toe into the burger space, and it makes me wonder whether there are more acquisitions to come, and not just in burgers.
Unfortunately for some shareholders, the Biglari Holdings (NYSE:BH.A) share price has dived 55% in the last thirty...
Biglari Holdings Inc. (NYSE: BH.A; BH) announces its results for the first quarter of 2020.
The Steak 'n Shake restaurant at 6549 Miller Lane in Vandalia was purchased for $1.2 million by Prime Miller LLC, an Ohio limited liability company. The property had been operated by Steak N Shake Inc., which is headquartered in Indianapolis, Indiana, since 2018, though a related entity — Steak N Shake Operations Inc. — has owned the site since 2002. It is unclear if the buyer — whose address returns to a law firm in Cincinnati — is purchasing the location as a Steak 'n Shake franchisee, or if there are other plans for the facility.
Unfortunately for some shareholders, the Biglari Holdings (NYSE:BH.A) share price has dived in the last thirty days...
Let's start with food When I lived in Georgia, I spent many lonely nights dreaming about spaghetti topped with chili, one of the menu items at Steak 'n Shake. There are currently no locations in the Sacramento area. Biglari Holdings Inc. (NYSE: BH) is the chain's parent company.
For the second time, the Supreme Court of Texas has rejected an attempt by Steak 'n Shake (NYSE: BH) to dismiss a lawsuit filed by a former employee who was allegedly sexually assaulted by her manager.
See how the San Antonio-area public companies fared and which ones came out as winners as stock markets took a tumble and trading was halted this week.
The San Antonio-based holding company’s founder described “dismal” financial performance in 2019 after significant losses in the restaurant business. The next step for Shake ‘n Shake? Forget the waiters.
I know of one money manager who avoided restaurants like the plague, likening them to dinosaurs, which of course went extinct. Indeed, it's a rough business, subject to changing consumer tastes as well as challenging cost structures where labor and food costs reign supreme and margins can be thin.
San Antonio's only publicly traded company primarily anchored by a restaurant chain business saw its stock price in a massive freefall this month, and it was already seeing losses before the pandemic.
The burger chain CEO and investor said Cracker Barrel lost $133 million of shareholders’ money in a concept that “lacks any resemblance to the company’s country-cooking family dining business.”
Four Louisville Steak ‘n Shake locations have been sitting vacant since the summer of 2019. Are they about to reopen?
In addition, given that Steak n Shake's partial repurchase of its senior secured term loan is viewed as a distressed exchange and event of default under Moody's definition of default, Moody's appended the company's Probability of Default Rating with a LD (limited default) designation. The rating outlook is negative.