BT Brands, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $8.1M
- Price
- $1.31
- % Change (Daily % change from the live per-ticker quote feed.)
- +3.97%
- Volume
- 42.4K
About
BT Brands, Inc. owns and operates fast-food restaurants in the north central region of United States. The company operates nine Burger Time restaurants located in Minnesota, North Dakota, and South Dakota; and a Dairy Queen franchise in Ham Lake, Minnesota. Its Burger Time restaurants provide various burgers and other food products, such as chicken sandwiches, pulled pork sandwiches, side dishes, and soft drinks; and Dairy Queen restaurant offers burgers, chicken, sides, ice cream and other desserts, and various beverages. The company was founded in 1987 and is based in West Fargo, North Dakota.
Quick stats
Shares outstanding6.2M
Computed float4.0M
Float / shares63.9%
Key info
SectorConsumer Cyclical
IndustryRestaurants
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001718224
Websitehttps://itsburgertime.com
AI Summary
AI-generated1/5
standardmixedearnings
Operating Performance Improves; Market Volatility Increased Investment Portfolio
BT Brands swung to an operating profit of $117,000 in the fiscal second quarter, reversing a $75,000 loss in the prior year, driven by a 37% reduction in G&A expenses and tighter operating discipline.
Despite operational improvements, net sales declined to $3.55 million from $3.78 million, reflecting the closure of an underperforming location.
Net income surged to $576,433, largely attributable to an $830,000 unrealized gain on marketable securities, while the company maintained $4.4 million in cash and marketable securities.
Red flags
- Net sales declined year-over-year from $3.8 million to $3.6 million
- Net income driven primarily by $830k unrealized gain on marketable securities rather than core operations