BT Brands Swings Restaurants to $117,000 Operating Income as G&A Expenses Fall 37%
Updated
Updated · Yahoo Finance · Aug 18
BT Brands Swings Restaurants to $117,000 Operating Income as G&A Expenses Fall 37%
3 articles · Updated · Yahoo Finance · Aug 18
Summary
BT Brands posted $117,000 in restaurant operating income for fiscal Q2, reversing a $75,000 loss a year earlier despite softer restaurant sales.
General and administrative expenses fell 37% to $334,000 from $531,000, while food and paper costs improved to about 32% of sales from 33%, helping keep restaurant-level EBITDA positive at $593,000.
Net sales slipped to $3.6 million from $3.8 million, reflecting the 2025 closure of an underperforming location, while market volatility also lifted the company’s investment portfolio.
BT Brands ended the quarter with about $4.4 million in cash and marketable securities and roughly $4.5 million in positive working capital, but gave no formal guidance.
Management said it is still weighing acquisitions, dispositions, partnerships, capital allocation alternatives and other strategic transactions inside and outside the restaurant industry.