Steak n Shake Reports Over 15% Same-Store Sales Growth in Fourth Quarter to Date
Steak n Shake Inc., a subsidiary of Biglari Holdings Inc., reported over 15% same-store sales growth for its U.S. operations in the fourth quarter to date. As of September 30, 2025, Biglari Holdings' book value per Class A share was $2,244.26 and per Class B share was $448.85. The company's stock is trading below its book value. Affiliates may purchase additional shares. This information was published via EDGAR by Biglari Holdings on November 21, 2025.
Biglari Holdings Inc. reported that at September 30, 2025, the company’s book value per Class A equivalent share was $2,244.26, and the book value per Class B equivalent share was $448.85. The company noted that its stock is currently trading at a discount to its per share book value. Steak n Shake Inc., a wholly owned subsidiary, is achieving same-store sales growth in excess of 15% for its U.S. operations, including both company-operated and franchise partner-operated stores, for its fourth quarter to date. Affiliates of Biglari Holdings may purchase additional shares of the company’s Class A and/or Class B common stock. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Biglari Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-053527), on November 21, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
