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BT Brands (BTBD)
NASDAQ:BTBD
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Earnings Data
Report Date
Mar 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2024
|% Change Since: 16.88%
|Next Earnings Date:Mar 12, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a challenging year for BT Brands with a significant net loss. However, there are positive signs of growth and potential improvements in various segments like Keegan's and Burger Time locations. The company remains optimistic about future performance based on its strong financial position and strategic plans.Company Guidance
During the BT Brands earnings call for Q4 2023, Kenneth Brimmer outlined the company's financial performance and future strategy. The company reported a net loss of $887,368 on $14 million in sales, marking a 15% sales increase compared to the previous year. Brimmer attributed 35% of the loss to Bagger Dave's, with costs of $347,000. Additionally, legal and professional expenses tied to Noble Roman's board efforts amounted to over $100,000. Despite these setbacks, BT Brands holds $6.9 million in cash and aims to revamp its operations by divesting its Dairy Queen franchise and rebranding Bagger Dave's, projecting potential revenue growth to $12 million with an EBITDA margin target of 15%. Keegan's, another venture, aims to achieve $3.2 million in annual sales with 10% profitability, while the Village Bier Garten needs to surpass $30,000 weekly to maintain profitability. Overall, Brimmer expressed optimism for future profitability and growth through potential acquisitions and operational improvements.Sales Growth Despite Challenges
BT Brands reported a 15% increase in sales, reaching $14 million, despite not making any new acquisitions during the year.
Strong Financial Position
The company holds $6.9 million in cash, mostly in treasury bills, with an additional $1 million at Bagger Dave's.
Positive Trends at Keegan's
Keegan's performance has improved, with recent weekly sales around $80,000, nearing capacity, and expectations for $3.2 million annual sales in 2024.
Burger Time Locations Show Promise
Double-digit sales growth reported at Burger Time locations in early 2024, attributed partly to favorable weather conditions.
Successful Pie in the Sky Acquisition
The acquisition has been highly successful, with a return on investment achieved in just over a year.
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BTBD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BTBD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $1.54 | $1.55 | +0.65% |
| Aug 13, 2024 | $1.33 | $1.26 | -5.26% |
| May 15, 2024 | $1.38 | $1.36 | -1.45% |
| Mar 28, 2024 | $1.65 | $1.61 | -2.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does BT Brands (BTBD) report earnings?
BT Brands (BTBD) is schdueled to report earning on Mar 12, 2025, TBA Not Confirmed.
What is BT Brands (BTBD) earnings time?
BT Brands (BTBD) earnings time is at Mar 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BTBD EPS forecast?
Currently, no data Available
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