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Biglari: 2Q Earnings Snapshot

August 2, 2019

SAN ANTONIO (AP) _ Biglari Holdings Inc. (BH) on Friday reported second-quarter net income of $22 million, after reporting a loss in the same period a year earlier.

The San Antonio-based company said it had profit of $63.50 per share.

The investment firm that owns or has holdings in Steak ’n Shake and Cracker Barrel restaurants, as well as Maxim magazine posted revenue of $168.3 million in the period.

Biglari shares have dropped 78% since the beginning of the year. In the final minutes of trading on Friday, shares hit $89.44, a decline of 79% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BH at https://www.zacks.com/ap/BH

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