Biglari Holdings Inc.’s efforts to franchise its subsidiary Steak ‘n Shake concept led to higher expenses in the third quarter and lowered earnings, the company said Friday. RELATED • Steak 'n Shake hopeful Signature will drive franchise growth • Steak 'n Shake franchisees protest policy mandating menu prices • More restaurant industry finance news San Antonio, Texas-based Biglari, which also owns the Western Sizzlin chain, reported that ...

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