BT Brands, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 03, 2022
August 16, 2022 at 07:59 am EDT
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BT Brands, Inc. reported earnings results for the second quarter and six months ended July 03, 2022. For the second quarter, the company reported sales was USD 3.52 million compared to USD 2.38 million a year ago. Net loss was USD 0.092275 million compared to net income of USD 0.212516 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.05 a year ago.
For the six months, sales was USD 5.6 million compared to USD 4.32 million a year ago. Net loss was USD 0.049625 million compared to net income of USD 0.34744 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.09 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.