{"id":992349,"date":"2026-08-07T16:13:00","date_gmt":"2026-08-07T20:13:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/biglari-holdings-inc-news-release-12\/"},"modified":"2026-08-07T16:13:00","modified_gmt":"2026-08-07T20:13:00","slug":"biglari-holdings-inc-news-release-12","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/biglari-holdings-inc-news-release-12\/","title":{"rendered":"BIGLARI HOLDINGS INC. NEWS RELEASE"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n San Antonio, TX<\/span>, Aug. 7, 2026<\/span> \/PRNewswire\/ — Biglari Holdings Inc. (NYSE: BH.A; BH) announces its results for the second quarter and first six months of 2026.<\/p>\n

Biglari Holdings Inc.’s earnings for the second quarter and first six months of 2026 and 2025 are summarized below. \u00a0To become fully apprised of our results, shareholders should carefully study our 10-Q, which has been posted at\u00a0www.biglariholdings.com<\/a>.\u00a0<\/p>\n

\n\n\n\n\n\n\n\n\n
\n

\n
\n (dollars in thousands)<\/i>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n Second Quarter<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n First Six Months<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n

\n
\n 2026<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 2025<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 2026<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n
\n 2025<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Pre-tax operating earnings<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6,274<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,673<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,133<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 13,667<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Investment gains (losses)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n 45,345<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 61,429<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 30,604<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 10,252<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Income taxes<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n (11,693)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (14,171)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (7,342)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n (6,263)<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net earnings (loss)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 39,926<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 50,931<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 25,395<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n $\u00a0\u00a0\u00a0\u00a0\u00a0 17,656<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n Analysis of Results<\/b>:<\/p>\n

Investments affect our reported quarterly earnings based on their carrying value. We do not regard the quarterly or annual fluctuations in our investments to be meaningful. Therefore, our operating businesses are best analyzed before the impact of investment gains. As a consequence, in the preceding table we separate earnings of our operating businesses from our investment gains.<\/p>\n

In the second quarter of 2026, Steak n Shake’s same-store sales for domestic company-operated and franchise-partner-operated restaurants increased by 13.8%.<\/p>\n

\n About Biglari Holdings Inc.<\/b>\n <\/p>\n

Biglari Holdings Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities, including property and casualty insurance and reinsurance, licensing and media, restaurants, and oil and gas.<\/p>\n

\n Comment on Regulation G <\/b>\n <\/p>\n

This press release contains certain non-GAAP financial measures. In addition to the GAAP presentations of net earnings, Biglari Holdings defines pre-tax operating earnings outside of the investment gains\/losses of the Company.<\/p>\n

\n Risks Associated with Forward-Looking Statements<\/b>\n <\/p>\n

This news release may include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ markedly from those projected or discussed here. Biglari Holdings cautions readers not to place undue reliance upon any such forward-looking statements, for actual results may differ materially from expectations. Biglari Holdings does not update publicly or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. Further information on the types of factors that could affect Biglari Holdings and its business can be found in the Company’s filings with the SEC.<\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/biglari-holdings-inc-news-release-302846346.html<\/a><\/p>\n

SOURCE Biglari Holdings Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire San Antonio, TX, Aug. 7, 2026 \/PRNewswire\/ — Biglari Holdings Inc. (NYSE: BH.A; BH) announces its results for the second quarter and first six months of 2026. Biglari Holdings Inc.’s earnings for the second quarter and first six months of 2026 and 2025 are summarized below. \u00a0To become fully apprised of our results, shareholders should carefully study our 10-Q, which has been posted at\u00a0www.biglariholdings.com.\u00a0 (dollars in thousands) Second Quarter First Six Months 2026 2025 2026 2025 Pre-tax operating earnings $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6,274 $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,673 $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,133 $\u00a0\u00a0\u00a0\u00a0\u00a0 13,667 Investment gains (losses) 45,345 61,429 30,604 10,252 Income taxes (11,693) (14,171) (7,342) (6,263) Net earnings (loss) $\u00a0\u00a0\u00a0\u00a0\u00a0 39,926 $\u00a0\u00a0\u00a0\u00a0\u00a0 50,931 $\u00a0\u00a0\u00a0\u00a0\u00a0 25,395 $\u00a0\u00a0\u00a0\u00a0\u00a0 17,656 Analysis of Results: Investments affect our reported … <\/p>\n

Continue reading “BIGLARI HOLDINGS INC. NEWS RELEASE”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-992349","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBIGLARI HOLDINGS INC. NEWS RELEASE - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/biglari-holdings-inc-news-release-12\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BIGLARI HOLDINGS INC. 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Biglari Holdings Inc.’s earnings for the second quarter and first six months of 2026 and 2025 are summarized below. \u00a0To become fully apprised of our results, shareholders should carefully study our 10-Q, which has been posted at\u00a0www.biglariholdings.com.\u00a0 (dollars in thousands) Second Quarter First Six Months 2026 2025 2026 2025 Pre-tax operating earnings $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6,274 $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,673 $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,133 $\u00a0\u00a0\u00a0\u00a0\u00a0 13,667 Investment gains (losses) 45,345 61,429 30,604 10,252 Income taxes (11,693) (14,171) (7,342) (6,263) Net earnings (loss) $\u00a0\u00a0\u00a0\u00a0\u00a0 39,926 $\u00a0\u00a0\u00a0\u00a0\u00a0 50,931 $\u00a0\u00a0\u00a0\u00a0\u00a0 25,395 $\u00a0\u00a0\u00a0\u00a0\u00a0 17,656 Analysis of Results: Investments affect our reported … Continue reading "BIGLARI HOLDINGS INC. 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Biglari Holdings Inc.’s earnings for the second quarter and first six months of 2026 and 2025 are summarized below. \u00a0To become fully apprised of our results, shareholders should carefully study our 10-Q, which has been posted at\u00a0www.biglariholdings.com.\u00a0 (dollars in thousands) Second Quarter First Six Months 2026 2025 2026 2025 Pre-tax operating earnings $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 6,274 $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,673 $\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,133 $\u00a0\u00a0\u00a0\u00a0\u00a0 13,667 Investment gains (losses) 45,345 61,429 30,604 10,252 Income taxes (11,693) (14,171) (7,342) (6,263) Net earnings (loss) $\u00a0\u00a0\u00a0\u00a0\u00a0 39,926 $\u00a0\u00a0\u00a0\u00a0\u00a0 50,931 $\u00a0\u00a0\u00a0\u00a0\u00a0 25,395 $\u00a0\u00a0\u00a0\u00a0\u00a0 17,656 Analysis of Results: Investments affect our reported … Continue reading \"BIGLARI HOLDINGS INC. 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