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.)
- $10.5M
- Price
- $1.69
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.20%
- Volume
- 2.0K
About
BT Brands, Inc. operates as a quick-service restaurant company, with its primary operations centered in the north-central United States. Its portfolio includes nine Burger Time restaurants strategically located across Minnesota, North Dakota, and South Dakota. Additionally, the company manages a Dairy Queen franchise situated in Ham Lake, Minnesota. The Burger Time establishments serve a diverse menu featuring various burgers, along with chicken and pulled pork sandwiches, an assortment of side dishes, and soft beverages. In contrast, the Dairy Queen location offers its signature range of burgers, chicken items, sides, ice cream, other desserts, and a selection of drinks. Founded in 1987, BT Brands maintains its corporate headquarters 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