BHBiglari Holdings Inc.

$988M

Q3 2017 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$214M-1.2% YoY

Gross Profit

$37M17.1% margin

Operating Income

-$1M-0.5% margin

Net Income

-$25M-11.5% margin

EPS (Diluted)

$-13.39

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$568,000

Free Cash Flow

-$897,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$516M

Stockholders' Equity

$511M

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$214M	$217M	-1.2%
Gross Profit	$37M	$47M	-21.5%
Operating Income	-$1M	$10M	-111.4%
Net Income	-$25M	-$60M	+58.9%

BH Q3 2017 Earnings — Biglari Holdings Inc. Revenue & Financial Results | Market Cap Arena