BT Brands not providing detailed FY25 guidance, citing ongoing merger process

BT Brands (BTBD) said: “The company expects to maintain profitability through the remainder of fiscal 2025. Given the ongoing merger process and the potential for asset transactions, BT Brands is not providing detailed financial guidance for fiscal 2025 and beyond at this time.” Gary Copperud, Chief Executive Officer of BT Brands, added: “We are enthusiastic about the proposed merger with Aero Systems, which we believe will offer our shareholders meaningful participation in both a high-growth platform with attractive profit margins and an improving core restaurant business.”