Twin Hospitality Group Reports Q3 2025 Financial Results

Twin Hospitality Group Inc. Class A ( (TWNP) ) has released its Q3 earnings. Here is a breakdown of the information Twin Hospitality Group Inc. Class A presented to its investors.

Twin Hospitality Group Inc., operating in the casual dining sector, manages and franchises restaurant brands Twin Peaks and Smokey Bones, known for their experiential dining experiences. In its fiscal third quarter of 2025, the company reported a slight decline in total revenue to $82.3 million, a decrease of 1.6% compared to the previous year, primarily due to the closure of underperforming Smokey Bones locations and lower same-store sales. Despite these challenges, the company expanded its restaurant-level contribution margin to 17.0% for Twin Peaks, demonstrating resilience in core markets.

Key financial metrics revealed a loss from operations of $13.4 million and a net loss of $24.5 million, both reflecting a significant increase from the previous year. However, the company’s adjusted EBITDA rose to $3.0 million, indicating some operational improvements. The strategic closure of 11 Smokey Bones locations and the conversion of two into Twin Peaks lodges were notable actions aimed at enhancing profitability.

The company’s conversion strategy has shown promising results, with Twin Peaks locations outperforming former Smokey Bones operations. Looking ahead, Twin Hospitality Group plans to focus on both franchised and company-owned opportunities in 2026, aiming for improved profitability for Smokey Bones with new management at the helm.

Overall, Twin Hospitality Group remains committed to executing its growth strategy, with a clear pipeline for expansion in 2026. The company’s management is optimistic about achieving sustained, profitable growth across its brands, despite the current financial setbacks.