Biglari Holdings Inc., parent of Steak n Shake restaurants, said third-quarter profit was flat as revenue inched up. For the quarter ended July 6, the San Antonio-based company reported earnings of $8.7 million, or $6.49 a share, compared with similar profit in the previous-year period when earnings were $6.23 a share. Revenue rose 6.2 percent to $170.9 million in the third quarter compared with $160.9 million a year ago. Biglari reported same-store sales for units open more than 18 months ...
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Contact: Desiree Torres Desiree.Torres@penton.com