Steak 'n Shake, the full-service burger and shake concept, has ramped up resources to franchise the brand, a program creation that reduced parent company Biglari Holdings Inc.’s 2012 annual profits by a third, the company reported. San Antonio, Texas-based Biglari Holdings earned nearly $21.6 million, or $16.15 a share, in the year ended Sept. 26 compared to $34.6 million, or $25.86 a share, in the prior year. Revenue was $740.2 million, compared to $709.2 million in 2011, the ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!