BT Brands, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 02, 2023
August 16, 2023 at 01:17 pm EDT
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BT Brands, Inc. reported earnings results for the second quarter and six months ended July 02, 2023. For the second quarter, the company reported sales was USD 4 million compared to USD 3.52 million a year ago. Net loss was USD 0.233734 million compared to USD 0.092275 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.01 a year ago.
For the six months, sales was USD 7.07 million compared to USD 5.6 million a year ago. Net loss was USD 0.37552 million compared to USD 0.049625 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.01 a year ago.
BT Brands, Inc. owns and operates approximately 17 restaurants, including Seven Burger Time fast-food restaurants and one Dairy Queen franchise located in the North Central region of the United States, collectively (BTND); Bagger Daveâs Burger Tavern, Inc., a partially owned affiliate, operates six Bagger Daveâs restaurants in Michigan, Ohio, and Indiana (BDVB); Keeganâs Seafood Grille in Indian Rocks Beach, Florida; Pie In The Sky Coffee and Bakery in Woods Hole, Massachusetts, and Village Bier Garten is a German-themed restaurant, bar, and entertainment venue in Cocoa, Florida. Its Burger Time restaurants feature a variety of burgers and other affordable foods, sides, and soft drinks. Its Burger Time restaurants feature a variety of burgers and other affordable foods, sides, and soft drinks. The Companyâs Dairy Queen restaurant offers a proscribed menu consisting of burgers, chicken, sides, ice cream, other desserts, and various beverages.