Biglari Holdings Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 64.49 million compared to USD 60.32 million a year ago. Revenue was USD 93.54 million compared to USD 92.37 million a year ago. Net income was USD 1.94 million compared to net loss of USD 73.78 million a year ago. Basic earnings per share from continuing operations was USD 6.64 compared to basic loss per share from continuing operations of USD 244.37 a year ago.
For the six months, sales was USD 125.62 million compared to USD 120.17 million a year ago. Revenue was USD 183.72 million compared to USD 177.74 million a year ago. Net income was USD 66.82 million compared to net loss of USD 74.08 million a year ago. Basic earnings per share from continuing operations was USD 229 compared to basic loss per share from continuing operations of USD 244.29 a year ago.