BT Brands, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 02, 2022
November 15, 2022 at 06:03 am EST
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BT Brands, Inc. reported earnings results for the third quarter and nine months ended October 02, 2022. For the third quarter, the company reported sales was USD 4.02 million compared to USD 2.28 million a year ago. Net loss was USD 0.174906 million compared to net income of USD 0.235827 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.06 a year ago.
For the nine months, sales was USD 9.62 million compared to USD 6.6 million a year ago. Net loss was USD 0.224531 million compared to net income of USD 0.583267 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.14 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.
BT BRANDS, INC. 
