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PR Newswire·

BIGLARI HOLDINGS INC. NEWS RELEASE

BH
  • Biglari Holdings Inc. reported third quarter 2026 net earnings of $1,014 million compared to a loss of $5,291 million in the same period in 2025.
  • For the first nine months of 2026, the company recorded net earnings of $26,409 million versus $12,365 million in the prior year period.
  • Pre-tax operating earnings for the third quarter of 2026 reached $9,874 million, up from $6,854 million in 2025.
  • Investment gains for the first nine months of 2026 were $22,132 million, contrasting with a loss of $4,154 million in the same period of 2025.
  • Steak n Shake's same-store sales for domestic company-operated & franchise-partner-operated restaurants increased by 18.2% in the third quarter of 2026.
  • Biglari Holdings operates as a holding company with subsidiaries in property & casualty insurance, licensing & media, restaurants, & oil & gas.
Company
Biglari Holdings Inc.
Keywords
Biglari Holdings Inc.