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Steak 'n Shake leans into MAGA messaging as same-store sales surge
Steak 'n Shake has embraced pro-Trump branding and U.S.-centric ingredients and décor, and domestic same-store sales rose 11.9% in Q2 2026 with a 14% increase in the first half of the year. The chain also cut its footprint from 417 to 399 locations and made operational changes, suggesting the recovery reflects both political positioning and business adjustments. Parent Biglari Holdings reports higher traffic per location, but the article notes political alignment alone may not sustain long-term gains. » More on finance.yahoo.com
Steak 'n Shake launches Protein Steakburger as part of grass‑fed beef strategy
Steak 'n Shake will add a Protein Steakburger on Sept. 1, featuring two 100% grass‑fed, grass‑finished patties wrapped in lettuce with cheese and veggies, delivering 31 g of protein at 530 calories. The menu roll‑out follows the chain's switch to 100% grass‑fed, grass‑finished beef and other moves like cooking fries in beef tallow and aligns with its broader health‑focused positioning. The chain reported strong sales momentum, including a 13.8% rise in Q2 2026 same‑store sales and double‑digit annual gains in 2025. » More on finance.yahoo.com
Financials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 95.09M | 11.39% |
| Gross profit | 39.24M | 59.07% |
| Net profit | 34.98M | 19.04% |
| EBITDA | 60.2M | 8.41% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €1.13B |
Number of shares | 660.81K |
52-week high/low | €2,245.44 - €1,106.19 |
| Dividends | No |
Beta | 0.53 |
P/E ratio | -40.89 |
PEG ratio | 0.43 |
P/B ratio | 2.29 |
P/S ratio | 3.11 |
Company profile
Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. As of December 31, 2021, it operated 199 Steak n Shake company-operated restaurants, 159 franchise partner units, and 178 traditional franchise units, as well as 3 Western Sizzlin company-operated restaurants and 38 franchised units. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance. In addition, it operates oil and natural gas properties in the Gulf of Mexico; and publishes and sells magazines and related publishing products under the MAXIM brand name. Further, it licenses media products and services; and engages in the investment activities. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in April 2010. Biglari Holdings Inc. was founded in 1934 and is based in San Antonio, Texas.
| Name | BIGLARI HOLDINGS INC CLASS A |
| CEO | Sardar Biglari |
| Headquarters | San Antonio,
tx USA |
| Website | |
| Sector | Consumer Discretionary |
| Industry | Hotels, Restaurants & Leisure |
| IPO | 05/02/2018 |
| Employees | 2,359 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
NYSE | BH-A |
Frankfurt | SQ7A.F |
DĂĽsseldorf | SQ7A.DU |