Biglari Holdings Inc.·Consumer Cyclical

U.S investment company Biglari Holdings said on Thursday it had acquired a 3.4% stake in Ferretti Group , as Czech investment group KKCG prepares to launch a partial tender offer on the Italian yacht maker.

San Antonio, TX, Feb. 28, 2026 /PRNewswire/ -- Biglari Holdings Inc.'s (NYSE: BH.A; BH) 2025 Annual Report to the shareholders has been posed on the Internet, where it can be accessed at www.biglariholdings.com. The report includes Sardar Biglari's annual letter to shareholders.

The Company Should Not Hide Behind Its Treatment of Abstain Votes — Chairman Goebel Did Not Receive a Majority of the Votes Cast Jack in the Box Stockholders Cannot Afford Another Year of David Goebel ISS, BlackRock, Vanguard, and State Street Inexplicably Defended Long-Tenured David Goebel and Failed to Hold Any Director Accountable for JACK's Appalling Strategic Decisions and Massive Destruction of Stockholder Value This Proxy Contest Proved that the Chairman has been an Abject Failure — He Must Resign Now SAN ANTONIO, Feb. 27, 2026 /PRNewswire/ -- Biglari Capital Corp. ("Biglari Capital"), the largest stockholder of Jack in the Box Inc. (NasdaqGS: JACK), with a 9.86% ownership stake, today issued the following statement regarding the preliminary voting results from JACK's 2026 Annual Meeting of Stockholders. A Clear Divide: Accountability vs.

Continued Deterioration of JACK's Share Price and Operating Metrics Further Warrants Voting Against the Election of David Goebel SAN ANTONIO, Feb. 20, 2026 /PRNewswire/ -- Biglari Capital Corp. ("Biglari Capital"), the largest shareholder of Jack in the Box Inc. (NasdaqGS: JACK) with a 9.86% ownership stake, today issued the following statement: Disastrous Quarterly Results Confirm the Need for Urgent Action For any shareholder still weighing whether Chairman Goebel's continued presence poses a real risk, JACK's first-quarter fiscal 2026 earnings provide the answer — in case the last 17 years were not convincing enough. The results are terrible by any measure: Same-store sales declined 6.7% systemwide, a sharp deterioration from the 0.4% gain in the same period last year; Adjusted EBITDA declined approx.

Biglari Holdings Inc. (NYSE: BH - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $345.06 and traded as high as $423.77. Biglari shares last traded at $396.4750, with a volume of 148,157 shares traded. Analysts Set New Price Targets Separately,

Glass Lewis Cites "Exceptionally Poor" Performance and "Muted Commitment to Tangible Culpability" in Recommending AGAINST Goebel Egan-Jones Recommends AGAINST the Election of David Goebel, Stating "Urgent Change at the Board Level Is Warranted" Glass Lewis and Egan-Jones Analyses Support Biglari Capital's Thesis ISS Stands Alone in Defending the Status Quo Despite Catastrophic Value Destruction, a Failed Del Taco Acquisition, and Unaddressed Deep-Rooted Governance Concerns SAN ANTONIO, Feb. 17, 2026 /PRNewswire/ -- Biglari Capital Corp. ("Biglari Capital"), the largest shareholder of Jack in the Box Inc. (NasdaqGS: JACK), with a 9.86% ownership stake, today issued the following statement regarding the recommendations of leading independent proxy advisory firms Glass Lewis and Egan-Jones and the flawed conclusion reached by Institutional Shareholder Services ("ISS") in its proxy research report. Glass Lewis and Egan-Jones Agree: Chairman Goebel Should Not Be Re–Elected Glass Lewis, one of the world's leading independent proxy advisory firms, has recommended that shareholders vote AGAINST Chairman David Goebel, explicitly citing "material performance and governance concerns.
Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. As of December 31, 2021, it operated 199 Steak n Shake company-operated restaurants, 159 franchise partner units, and 178 traditional franchise units, as well as 3 Western Sizzlin company-operated restaurants and 38 franchised units. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance. In addition, it operates oil and natural gas properties in the Gulf of Mexico; and publishes and sells magazines and related publishing products under the MAXIM brand name. Further, it licenses media products and services; and engages in the investment activities. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in April 2010. Biglari Holdings Inc. was founded in 1934 and is based in San Antonio, Texas.
Consumer Cyclical
Restaurants
2,535
1980-03-17
0.71