Twin Peaks

Search documents
Twin Hospitality Group Inc. Announces Participation at the Noble Capital Markets Emerging Growth Equity Virtual Conference
Globenewswire· 2025-06-03 21:17
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 ...
Twin Hospitality Group Inc. Announces Appointment of Kim Boerema as Chief Executive Officer
Globenewswire· 2025-05-15 13:00
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 Inc-A(TWNP) - 2025 Q1 - Earnings Call Transcript
2025-05-08 23:00
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]
FAT Brands(FAT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:32
FAT Brands (FAT) Q1 2025 Earnings Call May 08, 2025 05:30 PM ET Company Participants Ken Kuick - Co-CEO & CFOAndrew Wiederhorn - Founder & ChairmanAlton Stump - MD - Equity ResearchRoger Lipton - President Conference Call Participants Joe Gomes - Senior Generalist Analyst Operator Greetings, and welcome to the FAT Brands Inc. First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. ...
FAT Brands(FAT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:32
FAT Brands (FAT) Q1 2025 Earnings Call May 08, 2025 05:30 PM ET Company Participants Ken Kuick - Co-CEO & CFOAndrew Wiederhorn - Founder & ChairmanAlton Stump - MD - Equity ResearchRoger Lipton - President Conference Call Participants Joe Gomes - Senior Generalist Analyst Operator Greetings, and welcome to the FAT Brands Inc. First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. ...
TWIN HOSPITALITY GROUP INC. REPORTS FISCAL FIRST QUARTER 2025 FINANCIAL RESULTS
Globenewswire· 2025-05-08 20:40
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 ...
Twin Hospitality Group Inc. Announces First Quarter 2025 Financial Results on May 8, 2025
Globenewswire· 2025-05-07 16:05
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 ...