BT Brands, Inc., was incorporated in Wyoming on January 19, 2016. The company's Burger Time restaurant serves a variety of burgers and affordable items such as chicken sandwiches, pork sandwiches, side dishes and soft drinks. The company's DQ restaurant offerings are developed by DQ and sold throughout the United States. The company believes that the restaurant appeals to a wide range of consumers. The company serves customers through single or double drive-through formats and pedestrian windows. The company generally does not provide indoor seating, but does provide outdoor seating areas and parking lots for customers to use. 

BT Brands reported Q2 revenue of $3.6M, up from a loss of $75,000 in the prior year. The company's restaurants generated income from operations of $117,000, while general and administrative expenses decreased by 37% to $334,000. Food and paper costs decreased to 32% of sales, down from 33% in the prior year. Restaurant-level EBITDA remained positive at $593,000 despite lower sales volumes.

BT Brands

BT Brands Q2 Revenue at $3.6M, Income from Operations at $117K

BT Brands, Inc. (Nasdaq: BTBD) reported <a href="https://public.com/stocks/btbd">second-quarter net sales of $3.60 million</a> and earnings per share (EPS) of $0.09 for the period ended June 28, 2026. The results reflect performance across the company’s restaurant portfolio, which includes <a href="https://www.stocktitan.net/overview/BTBD/">Burger Time, Pie In The Sky</a>, Keegan’s Seafood Grille, and Schnitzel Haus. The company also holds a <a href="https://www.stocktitan.net/overview/BTBD/">40.7% equity interest in Bagger Dave’s</a>, which has contributed to its consolidated financial results through the equity method of accounting.The reported EPS of $0.09 was in line with the company’s expectations, as it continues to navigate challenges such as <a href="https://www.stocktitan.net/overview/BTBD/">inflationary pressures, labor costs, and consumer</a> price sensitivity. BT Brands has previously outlined <a href="https://www.stocktitan.net/overview/BTBD/">cost-reduction initiatives and operational improvements</a> aimed at enhancing profitability and efficiency across its restaurant locations.The company’s market cap currently stands at $7.85 million, with a <a href="https://public.com/stocks/btbd">price-to-earnings ratio of -7.04x</a>. The stock has traded within a 52-week range of $1.03 to $4.50, and the <a href="https://public.com/stocks/btbd">current share price remains below</a> its 52-week high. Investors should note that the company <a href="https://public.com/stocks/btbd">does not currently pay dividends</a>.Looking ahead, BT Brands is scheduled to <a href="https://public.com/stocks/btbd">report its next earnings release</a> on November 16, 2026. The company continues to pursue strategic initiatives, including the previously announced merger with Aero Velocity Inc. and the <a href="https://www.stocktitan.net/overview/BTBD/">planned spin-off of its restaurant operations</a> into a new entity, BT Group, Inc.<img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-1d004607e83d4002.png" alt="BT Brands - Q2 net sales $3.60 mln, EPS $0.09">

BT Brands - Q2 net sales $3.60 mln, EPS $0.09

BT Group plc’s annual report for fiscal year 2026 reveals that CEO Allison Kirkby’s <a href="https://simplywall.st/stocks/us/telecom/otc-btgo.f/bt-group/management">total compensation rose to £5.6 million</a>, compared to £2.5 million in fiscal year 2025. This represents a significant increase in remuneration over the past year. Kirkby’s compensation package includes both salary and performance-based bonuses, reflecting the company’s executive pay structure. Kirkby, who assumed the role of CEO in January 2024, has been instrumental in driving BT’s strategic transformation, including <a href="https://fortune.com/europe/2023/07/31/bt-appoints-allison-kirkby-first-female-ceo-cost-cutting/">reducing the workforce by 55,000</a> positions by 2030. Her leadership has also focused on expanding the company’s fiber network and 5G capabilities, aligning with broader industry trends toward digital infrastructure development.The increase in Kirkby’s pay aligns with BT’s broader executive compensation policies and reflects the company’s performance and strategic priorities. The annual report also highlights that <a href="https://simplywall.st/stocks/us/telecom/otc-btgo.f/bt-group/management">Kirkby’s compensation is below average</a> for similarly sized companies in the U.S. market. BT’s board of directors has emphasized <a href="https://www.bt.com/about/investors/financial-reporting-and-news/annual-reports">transparency in executive pay</a>, with detailed disclosures provided in the company’s annual reports and remuneration statements. The board’s governance framework includes independent non-executive directors and a structured approach to executive compensation, ensuring alignment with shareholder interests and long-term performance goals. As BT continues its transformation, the company’s focus remains on balancing cost efficiency with investment in key growth areas, including digital infrastructure and customer service innovation.<img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-1ca867d052ad1001.png" alt="BT CEO Allison Kirkby's fiscal year 2026 (not '2025') total pay was 5.6 mln GBP vs fiscal year 2025 (not '2024') pay of 2.5 mln GBP - annual report">

BT CEO Allison Kirkby's fiscal year 2026 (not '2025') total pay was 5.6 mln GBP vs fiscal year 2025 (not '2024') pay of 2.5 mln GBP - annual report

BT shares fall sharply, last down 6%

BT shares fall sharply, last down 6%

BT Brands, Inc. (NASDAQ: BTBD) has announced that Kenneth Brimmer has resigned as Chief Financial Officer and board member, effective May 26, 2026, according to <a href="https://www.sec.gov/Archives/edgar/data/1718224/000147793224006689/btbd_8k.htm">a recent SEC filing</a>. Brimmer’s departure follows a series of corporate developments, including the <a href="https://www.stocktitan.net/news/BTBD/bt-brands-terminates-merger-agreement-with-aero-velocity-and-591s06qsx36j.html">proposed business combination with Aero Velocity</a>. The termination of the merger agreement, which occurred after the end of the fiscal quarter ended March 29, 2026, required extensive revisions to the company’s quarterly report on Form 10-Q, which was <a href="https://www.sec.gov/Archives/edgar/data/1718224/000147793226003003/btbd_nt10q.htm">ultimately filed late</a>. In the same filing, the company cited a preliminary net loss of approximately $750,000 for the fiscal quarter ended March 29, 2026, compared to <a href="https://www.sec.gov/Archives/edgar/data/1718224/000147793226003003/btbd_nt10q.htm">a net loss of $330,000</a> in the prior year period. The increase in losses was attributed to an unrealized loss on marketable securities and transaction-related expenses from the terminated merger. Brimmer’s resignation does not appear to be linked to any disagreements with the company’s operations or strategy, as <a href="https://www.sec.gov/Archives/edgar/data/1718224/000147793224006689/btbd_8k.htm">stated in the filing</a>. His departure comes amid ongoing leadership changes, including the recent resignation of Steven W. Schussler from the board and the <a href="https://www.sec.gov/Archives/edgar/data/1718224/000147793224006689/btbd_8k.htm">appointment of Fred Croci</a> to fill the vacancy. The company has not yet disclosed a successor for Brimmer’s role.<img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-1c9badbaf51ce002.png" alt="BT Brands - Kenneth Brimmer resigns as CFO and board member effective May 26, 2026 - SEC filing">

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