Twin Hospitality 2025 Q3 Earnings Widened Losses as Net Income Declines 51%

Twin Hospitality (TWNP) reported its fiscal 2025 Q3 earnings on Nov 13, 2025, revealing a 1.6% revenue decline and a 51% increase in net losses. The results fell short of expectations, driven by underperforming locations and lower same-store sales, with no guidance adjustments provided.

Revenue

Twin Hospitality’s total revenue dropped 1.6% year-over-year to $82.32 million in Q3 2025, led by $74.36 million in restaurant sales and supplemented by $7.96 million in franchise revenue. The decline reflected operational challenges, including the closure of underperforming locations and weaker consumer demand at existing sites.

Earnings/Net Income

The company’s losses deepened significantly, with net income plummeting 51% to a $24.48 million loss in Q3 2025, compared to $16.22 million in 2024. Earnings per share (EPS) worsened to a $0.43 loss, a 34.4% increase in deficit from $0.32. Despite these setbacks, the company noted the Q3 loss marked a record high for the fiscal quarter. The EPS and net income declines underscored a challenging quarter with deteriorating profitability.

Price Action

Following the earnings report, Twin Hospitality’s stock price declined 0.30% on the latest trading day, with a steeper 10.43% drop over the past week and an 8.72% decline month-to-date.

Additional News

Twin Hospitality Group Inc. filed its Form 10-Q for Q3 2025, revealing a 3.8% year-over-year revenue decline for the 39-week period to $257.3 million, alongside a $57.4 million net loss. The report highlighted operational struggles, including a 16.2% operating loss margin. Separately, the company announced plans to sell up to 10.9 million Class A shares via White Lion Capital, signaling potential capital-raising efforts amid financial pressures. These moves underscore strategic shifts to address liquidity and operational sustainability.