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Non-Tech : Biglari Holdings, Inc.
BH 85.95-3.7%Oct 28 4:00 PM EDT

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To: Glenn Petersen who wrote (698)6/5/2017 7:27:19 PM
From: smaycs41 Recommendation

Recommended By
Glenn Petersen

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Its iconic in areas where they have been for decades. In new areas, its not. But, remember, SNS would be more profitable if not for all the extra debt he took on

I just noticed BH was up 8% today. I wonder if he leaked something to someone ?

I wonder if SNS does anything to help those struggling franchisees ?

Those people lost a ton of money.

And SNS didn't step in and take over.

The Hardees in my area were taken over by corporate. I originally thought it was because they were losing money but then they spent big on a remodel and then built a brand new store 4 miles down the road.

It might have been the old franchisee didn't want to sink the extra money in the remodels but corporate did so they bought him out ?

Judging by the discounting on the monthly coupons sheets that come in the mail, they aren't hurting too bad.

Their breakfast offers are discounted less than typical. They still do BOGOs for expensive stuff for lunch & dinner but those are high margin items.

I think their Chicken filet sandwich is $4.99 so 2 for $4.99 is still a healthy margin. Their Baby back barbq thickburger is probably $5.99 so plenty of margin to make up for BOGOs.
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