DALLAS, TX, June 03, 2025 (GLOBE NEWSWIRE) -- Twin Hospitality Group Inc. (“Twin Hospitality”) (NASDAQ: TWNP), the parent company of Twin Peaks Restaurant, today announced that the Company will present at Noble Capital Markets’ Emerging Growth Virtual Equity Conference on Wednesday, June 4, 2025 at 4:00 PM Eastern Standard Time. Scheduled 1x1 meetings with management are also available for registered, qualified investor attendees. Attendees interested in viewing the live presentation can register for this e ...

Kim Boerema Chief Executive Officer Fast-Growing Experiential Restaurant Group Hires California Pizza Kitchen and Texas Roadhouse Veteran DALLAS, May 15, 2025 (GLOBE NEWSWIRE) -- Twin Hospitality Group Inc. (Nasdaq: TWNP), the parent company of Twin Peaks Restaurant, today announces the appointment of Kim Boerema as Chief Executive Officer, effective immediately. Boerema will draw on his over 30 years of industry experience, scaling and optimizing high-volume, full-service restaurant operations, to con ...

Twin Hospitality Group (TWNP) Q1 2025 Earnings Call May 08, 2025 06:00 PM ET Company Participants Kenneth Kuick - Interim CEO & CFO Operator Greetings, welcome to Twin Hospitality Group Incorporated First Quarter twenty twenty five Conference Call hosted by Interim Chief Executive Officer and Chief Financial Officer Ken Kulik. At this time, all participants have been placed in a listen only mode. Please note that this conference call is being recorded today, 05/08/2025. After the market closed, Twin Hospita ...

Financial Data and Key Metrics Changes - System-wide sales increased by 5.1% to $146.2 million, driven by new company-owned restaurants despite a challenging sales environment [8][20] - Total revenue decreased by 5.4% to $87.1 million compared to $92.1 million in the previous year [20] - Net loss for the quarter was $12.1 million, compared to a loss of $9.2 million in the prior year [27] Business Line Data and Key Metrics Changes - Twin Peaks revenue was $51 million, up 5.9% from $48.1 million in the prior year, driven by new lodge openings [20][21] - Smoky Bones revenue decreased by 17.8% to $36.1 million, down from $43.9 million, due to ongoing conversions to Twin Peaks lodges [21] - Restaurant level contribution margin for Twin Peaks decreased to 16.9% from 17.4% in the previous year [25] Market Data and Key Metrics Changes - Same store sales decreased by 1.5%, with a 2.7% decline at company-owned locations and a 1% decline at franchise locations [9] - Alcohol sales comprised nearly 50% of restaurant revenue, significantly higher than typical casual dining competitors [13] Company Strategy and Development Direction - The company plans to open three to four new units in 2025, building on a robust development pipeline of 100 units [7][12] - A strategic five-unit development deal was initiated to enter untapped markets in South Dakota and Montana [12] - The focus on high-margin beverage sales and local community engagement through grassroots marketing is expected to drive traffic [13][15] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the impact of weather and macroeconomic factors on sales but expressed optimism about upcoming promotional events and major sporting events [9][10] - The company is confident in achieving its full annual equity target raise over the next twelve months despite current market volatility [27][28] Other Important Information - Twin Peaks was awarded the Black Box Intelligence 2025 Voice of the Customer Award, highlighting strong brand loyalty and customer experience [17][18] - The company is enhancing its menu with new food innovations and promotions to maintain brand relevance [14][19] Q&A Session Summary - No questions were taken following the prepared remarks, and the call concluded without a Q&A session [3][29]

Lists as public company on the NASDAQ under the ticker TWNP Completes second company-owned Smokey Bones conversion to Twin Peaks Lodge in Brandon, Florida Opens new franchised Twin Peaks Lodge in Algonquin, Illinois Hosting conference call and webcast today at 5:15 PM ET DALLAS, May 08, 2025 (GLOBE NEWSWIRE) -- Twin Hospitality Group Inc. (NASDAQ: TWNP) (“Twin Peaks” or the “Company”) today reported financial results for the fiscal first quarter ended March 30, 2025. “Our strong operational foundation, inno ...

Exhibit 99.1 TWIN HOSPITALITY GROUP INC. REPORTS FISCAL FIRST QUARTER 2025 FINANCIAL RESULTS Lists as public company on the NASDAQ under the ticker TWNP Completes second company-owned Smokey Bones conversion to Twin Peaks Lodge in Brandon, Florida Opens new franchised Twin Peaks Lodge in Algonquin, Illinois Hosting conference call and webcast today at 5:15 PM ET DALLAS (May 8, 2025) – Twin Hospitality Group Inc. (NASDAQ: TWNP) ("Twin Peaks" or the "Company") today reported financial results for the fiscal f ...

DALLAS, May 07, 2025 (GLOBE NEWSWIRE) -- Twin Hospitality Group Inc. (“Twin Hospitality”) (NASDAQ: TWNP), the operating unit for the Twin Peaks and Smokey Bones restaurant brands, today announced that the Company will host a conference call to review its first quarter 2025 financial results on Thursday, May 8, 2025 at 6:00 PM ET. A press release with first quarter 2025 financial results will be issued prior to the conference call that day. The conference call can be accessed live over the phone by dialing 1 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 29, 2024 OR (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 5151 Belt Line Road, Suite 1200 Dallas, Texas 75254 (Address of principal executive offices, including zip code) (972) 941-3150 (Registrant's telephone number, includi ...

Exhibit 99.1 TWIN HOSPITALITY GROUP INC. REPORTS FISCAL FOURTH QUARTER AND FULL FISCAL YEAR 2024 FINANCIAL RESULTS Opened Nine Twin Peaks Lodges in 2024 Completed First Smokey Bones Conversion in September 2024 and Second Smokey Bones Conversion in February 2025 Hosting Inaugural Conference Call and Webcast Today at 5:15 PM ET LOS ANGELES (February 27, 2025) – Twin Hospitality Group Inc. (NASDAQ: TWNP) ("Twin Peaks" or the "Company") today reported fiscal fourth quarter and full fiscal year 2024 financial r ...