BT Brands reports Q3 EPS 15c vs. (4c) last year

Reports Q3 revenue $3.85M vs. $4.35M last year. Restaurant-level adjusted EBITDA increased 74%, rising to $823,000 from $472,000 in Q3 of 2024. Gary Copperud, CEO of BT Brands (BTBD), commented: “We are pleased with third-quarter results, driven by operational efficiencies and nonoperating contributions from asset sales and investment gains. While the restaurant industry continues to face challenges-including intense competition from industry leaders, consumer price sensitivity, and inflationary pressures-our focus on aligning expenses with revenue continues to yield positive results, as evidenced by a 74% increase in restaurant EBITDA from the prior year.”