Biglari Holdings Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 59.44 million compared to USD 59.14 million a year ago. Revenue was USD 92.03 million compared to USD 82.08 million a year ago. Net income was USD 32.01 million compared to net loss of USD 10.67 million a year ago. Basic earnings per share from continuing operations was USD 109.13 compared to basic loss per share from continuing operations of USD 33.74 a year ago.
For the nine months, sales was USD 179.61 million compared to USD 196.42 million a year ago. Revenue was USD 269.77 million compared to USD 267.16 million a year ago. Net loss was USD 42.07 million compared to net income of USD 40.3 million a year ago. Basic loss per share from continuing operations was USD 140.3 compared to basic earnings per share from continuing operations of USD 125.79 a year ago.