Core Insights - Several companies have experienced significant stock price declines due to various underlying factors affecting their performance [1] Company Summaries - Clearside Biomedical, Inc. (NASDAQ:CLSD) has seen a dramatic 67.58% drop in its stock price to $0.88, down from a year-high of $17.1, following its decision to pursue a strategic sale through a voluntary Chapter 11 process while continuing to focus on its SCS Microinjector® delivery platform and pipeline projects [2] - Royce Dividend Value Fund Service Class (RYDVX) experienced a 64.94% decrease in its price to $2.1, reaching its year-low, potentially due to portfolio adjustments or market sentiment towards dividend-paying securities, reflecting broader market trends [3] - Twin Hospitality Group (NASDAQ:TWNP) saw its stock price fall by 42.44% to $2.04, impacted by consumer spending and operational efficiencies, while entering a letter of intent to acquire eight Twin Peaks franchised restaurants in Florida for $47 million to enhance EBITDA and focus on franchise-driven expansion [4] - Mobile-health Network Solutions (NASDAQ:MNDR) experienced a 30.21% decrease in its stock price to $3.31, influenced by regulatory changes and competitive pressures, while signing a Memorandum of Understanding to acquire PPG project companies developing AI-optimized data centers in Malaysia [5] - FAT Brands Inc. (FATBP) saw a 29.91% drop in its stock price to $1.11, with performance affected by franchisee growth and global market conditions, reflecting investor concerns over its expansion strategy and operational efficiencies [6]

At 7:35 a.m. ET on Monday, premarket trading is seeing notable activity in several stocks, with early price movements signaling potential opportunities before the opening bell.For active traders, premarket trading offers a head start in spotting potential breakouts, reversals, or sharp price swings. These early moves often indicate where momentum may carry into the regular session, making premarket analysis a key part of the trading day.In the Green - Premarket GainersThe following stocks are trading highe ...

Core Insights - Twin Hospitality Group Inc. has entered into a letter of intent to acquire eight Twin Peaks franchised restaurants in Florida for approximately $47 million in cash, aiming to strengthen its balance sheet through enhanced EBITDA generation [1][2]. Financial Impact - The acquisition is expected to contribute approximately $76-$77 million in annual revenue and an additional $9-$10 million in annual EBITDA, which will help reduce leverage and enhance financial flexibility [2][3]. Strategic Rationale - The CEO of Twin Hospitality Group expressed satisfaction in acquiring high-performing franchise locations, highlighting Florida as a key market with strong performance for Twin Peaks [3]. - The Chairman noted that the enhanced cash flow and increased EBITDA from these locations will support deleveraging and enable the company to capitalize on incremental revenue and margin growth [3]. Transaction Details - The transaction is anticipated to close in the first quarter of 2026, pending the completion of a definitive purchase agreement, financing, and customary closing conditions [4].

Core Insights - Twin Hospitality Group Inc. has entered into a letter of intent to acquire eight Twin Peaks franchised restaurants in Florida for approximately $47 million in cash, aiming to strengthen its balance sheet through enhanced EBITDA generation [1][2]. Financial Impact - The acquisition is expected to contribute approximately $76-$77 million in annual revenue and an additional $9-$10 million in annual EBITDA, which will help reduce leverage and enhance financial flexibility [2][3]. Strategic Rationale - The CEO of Twin Hospitality Group expressed satisfaction in acquiring high-performing franchise locations, highlighting Florida as a key market with strong performance for Twin Peaks [3]. - The Chairman noted that the enhanced cash flow and increased EBITDA from these locations will support deleveraging and enable the company to capitalize on incremental revenue and margin growth [3]. Transaction Details - The transaction is anticipated to close in the first quarter of 2026, subject to the completion of a definitive purchase agreement, financing, and customary closing conditions [4].

Financial Data and Key Metrics Changes - Total system-wide sales for the quarter were $170.7 million, a 3.3% decrease from the previous year [13] - Total revenue was $82.3 million, down 1.6% from $83.7 million in the prior year [13] - Net loss for the quarter was $24.5 million, compared to $16.2 million in the previous year [16] - Adjusted EBITDA increased to $3 million, compared to $2.3 million in the prior year [16] Business Line Data and Key Metrics Changes - Twin Peaks revenue was $50.3 million, up 5.3% from $47.8 million in the prior year, driven by new lodge openings [13] - Smokey Bones revenue was $32 million, down 10.8% from $35.9 million in the prior year, reflecting strategic conversions and closures [14] - Twin Peaks restaurant-level contribution margin increased to 17%, up from 16.3% in the previous year [15] - Smokey Bones restaurant-level contribution margin was negative 0.3%, down from positive 0.3% in the previous year [15] Market Data and Key Metrics Changes - Comparable sales for Twin Peaks declined by 4.1%, influenced by immigration-related issues, particularly in the San Antonio market [13] - System-wide weekly sales averaged $11.3 million over the past 12 weeks, indicating steady performance despite challenges [7] Company Strategy and Development Direction - The company is focused on operational excellence, strengthening margins, and positioning for sustained growth [3] - A strategic conversion program is underway to transform Smokey Bones locations into high-performing Twin Peaks lodges [9] - The company has identified 19 prime conversion candidates for transformation into Twin Peaks lodges [10] - A new partnership with Camp Hope supports veterans, enhancing community engagement [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full annual equity target range to support debt reduction and growth investments [17] - The upcoming fourth quarter is expected to benefit from a strong sports calendar, including college football playoffs [17] - Operational improvements and cost discipline initiatives are anticipated to continue driving margin expansion [17] Other Important Information - The company has strengthened its executive team with key appointments and promotions to enhance operational performance [4][5][6] - The closure of underperforming units and improved financial visibility are part of the strategic plan for Smokey Bones [11] Q&A Session Summary - No questions were taken following the prepared remarks, and the call concluded without a Q&A session [2][20]

Financial Data and Key Metrics Changes - Total system-wide sales for the quarter were $170.7 million, a 3.3% decrease from the previous year [13] - Total revenue was $82.3 million, down 1.6% from $83.7 million in the prior year [13] - Net loss for the quarter was $24.5 million, compared to $16.2 million in the previous year [16] - Adjusted EBITDA increased to $3 million, compared to $2.3 million in the prior year [16] Business Line Data and Key Metrics Changes - Twin Peaks revenue was $50.3 million, up 5.3% from $47.8 million in the prior year, driven by new lodge openings [14] - Smoky Bones revenue was $32 million, down 10.8% from $35.9 million in the prior year, reflecting strategic conversions and closures [14] - Twin Peaks restaurant-level contribution margin increased to 17%, up from 16.3% in the previous year [15] - Smoky Bones restaurant-level contribution margin was negative 0.3%, down from positive 0.3% in the prior year [15] Market Data and Key Metrics Changes - Comparable sales for Twin Peaks declined by 4.1%, influenced by immigration-related issues in the San Antonio market [13] - System-wide weekly sales averaged $11.3 million over the past 12 weeks, indicating steady performance despite challenges [7] Company Strategy and Development Direction - The company is focused on operational excellence, strengthening margins, and positioning for sustained growth [3] - A strategic conversion program is underway to transform underperforming Smoky Bones locations into Twin Peaks lodges [9] - The company has identified 19 prime conversion candidates for transformation into Twin Peaks lodges [10] - A new Twin Peaks prototype is being developed to reduce costs and complexity [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full annual equity targets to support debt reduction and growth investments [17] - The upcoming sports calendar is expected to drive continued engagement and sales [18] - Operational improvements and cost discipline initiatives are anticipated to continue driving margin expansion [17] Other Important Information - The company has strengthened its executive team with key appointments and promotions to enhance operational performance [4][5][6] - A partnership with Camp Hope has been established to support veterans struggling with PTSD [11] Q&A Session Summary - No questions were taken following the prepared remarks, as indicated by the operator [2]

Financial Data and Key Metrics Changes - Total system-wide sales for the quarter were $170.7 million, a 3.3% decrease from the previous year [13] - Total revenue was $82.3 million, down 1.6% from $83.7 million in the prior year [14] - Net loss for the quarter was $24.5 million, compared to $16.2 million in the previous year [17] - Adjusted EBITDA increased to $3 million, compared to $2.3 million in the prior year [17] Business Line Data and Key Metrics Changes - Twin Peaks revenue was $50.3 million, up 5.3% from $47.8 million in the prior year, driven by new lodge openings [14] - Smoky Bones revenue was $32 million, down 10.8% from $35.9 million in the prior year, reflecting the strategic conversion of locations [15] - Twin Peaks restaurant-level contribution margin increased 72 basis points to 17% [16] - Smoky Bones restaurant-level contribution margin was negative 0.3%, down from positive 0.3% in the previous year [16] Market Data and Key Metrics Changes - Comparable sales for Twin Peaks declined by 4.1%, influenced by immigration-related issues in the San Antonio market [14] - System-wide weekly sales averaged $11.3 million over the past 12 weeks, indicating steady performance despite external headwinds [7] Company Strategy and Development Direction - The company is focused on operational excellence, strengthening margins, and positioning for sustained growth [3] - A strategic conversion program is underway to transform underperforming Smoky Bones locations into high-performing Twin Peaks lodges [9] - The company has identified 19 prime conversion candidates for transformation into Twin Peaks lodges [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full annual equity target range to support debt reduction and growth investments [18] - The upcoming fourth quarter is expected to benefit from a strong sports calendar, including college football playoffs [18] - Operational improvements and cost discipline initiatives are anticipated to continue driving margin expansion [18] Other Important Information - The company has strengthened its executive team with key appointments and promotions to enhance operational performance [4][5] - A new partnership with Camp Hope supports veterans struggling with PTSD, reflecting the company's commitment to community engagement [11] Q&A Session Summary - No questions were taken following the prepared remarks, concluding the conference call [2][20]

Revenue Performance - Total revenue decreased by $1.3 million, or 1.6%, to $82.3 million compared to $83.7 million in the same period of 2024[6]. - Company-owned restaurant sales for the thirteen weeks ended September 28, 2025, were $74,358,000, a decrease from $75,599,000 in the same period of 2024[27]. Profitability and Loss - Net loss increased to $24.5 million compared to $16.2 million in the same period of the prior year[10]. - The income from operations for the thirteen weeks ended September 28, 2025, was a loss of $13,365,000, compared to a loss of $3,590,000 in the same period of 2024[27]. - Adjusted EBITDA increased to $3.0 million compared to $2.3 million in the prior year[10]. - Adjusted EBITDA for the thirty-nine weeks ended September 28, 2025, was $13,206,000, down from $16,560,000 in the prior year[26]. Cost Management - General and administrative expenses rose by $12.3 million, or 172.1%, to $19.5 million, primarily due to store closure costs and non-cash impairments[9]. - General and administrative expenses increased to $46,033,000 for the thirty-nine weeks ended September 28, 2025, from $21,160,000 in the prior year[27]. - Labor and benefits costs decreased by $0.9 million, or 3.5%, to $23.9 million, as a percentage of restaurant sales, it was 32.1% in 2025 compared to 32.8% in 2024[8]. - Food and beverage costs decreased by $0.5 million, or 2.3%, to $20.3 million, representing 27.4% of restaurant sales in 2025[7]. Restaurant Performance - Restaurant contribution margin improved to 9.6%, with Twin Peaks at 17.0% and Smokey Bones at (0.3%) compared to 8.7% in the prior year[10]. - The restaurant-level contribution margin for the thirty-nine weeks ended September 28, 2025, was 10.8%, compared to 11.8% for the same period in 2024[27]. - The restaurant-level contribution for the thirty-nine weeks ended September 28, 2025, was $25,071,000, compared to $28,684,000 in the same period of 2024[27]. - Twin Peaks same-store sales declined by 4.1%[10]. Strategic Initiatives - The company closed 11 underperforming Smokey Bones locations and is targeting improved profitability for the brand starting early 2026[4]. - The company plans to expand its pipeline for 2026 with both franchised and company-owned opportunities[4]. Other Expenses - The company incurred store closure expenses of $8,285,000 for the thirty-nine weeks ended September 28, 2025[26]. - The company reported a depreciation and amortization expense of $13,758,000 for the thirty-nine weeks ended September 28, 2025, down from $17,500,000 in the previous year[26]. - The litigation cost for the thirteen weeks ended September 28, 2025, was $850,000, consistent with the prior year[26].

Hosting conference call and webcast today at 5:15 PM ET DALLAS, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Twin Hospitality Group Inc. (NASDAQ: TWNP) (“Twin Peaks” or the “Company”) today reported financial results for the fiscal third quarter ended September 28, 2025. “We are encouraged by the early momentum related to the initiatives launched in May 2025. In the third quarter, Twin Peaks delivered a solid performance, expanding restaurant-level contribution margin to 17.0%. Sales within core markets also grew year ...

Core Viewpoint - Twin Hospitality Group Inc. will host a conference call to discuss its third quarter 2025 financial results on November 5, 2025, at 5:15 PM ET [1] Company Overview - Twin Hospitality Group Inc. operates and franchises casual dining restaurant brands, specifically Twin Peaks and Smokey Bones, aiming to redefine the casual dining experience [4] - Twin Peaks has 114 locations across 26 states and Mexico, known for its made-from-scratch food and sports bar atmosphere [4] - Smokey Bones operates 45 locations in 15 states, specializing in meat-centric dishes, particularly ribs and slow-smoked meats [4] Conference Call Details - The conference call can be accessed via phone or webcast, with a replay available until November 19, 2025 [2][3] - Kim Boerema, CEO, and Ken Kuick, CFO, will host the call [2]