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[8-K] Biglari Holdings Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Biglari Holdings Inc. furnished a press release announcing its financial results for the second quarter and the first six months ended June 30, 2025. The press release is attached as Exhibit 99.1 and an interactive cover page is included as Exhibit 104. The company explicitly states the material is being furnished and not filed, which means it is not subject to Section 18 liabilities and will not be incorporated by reference into other filings unless the company expressly says so.

The current report does not include the numerical revenue, earnings, or other financial figures within its text; investors and analysts must review Exhibit 99.1 for detailed results and metrics.

Biglari Holdings Inc. ha fornito un comunicato stampa con i risultati finanziari per il secondo trimestre e i primi sei mesi chiusi al 30 giugno 2025. Il comunicato è allegato come Exhibit 99.1 e una pagina di copertina interattiva è inclusa come Exhibit 104. La società dichiara esplicitamente che il materiale è fornito e non depositato, il che significa che non è soggetto alle responsabilità previste dalla Section 18 e non sarà incorporato per riferimento in altri documenti a meno che la società non lo dichiari espressamente.

Il rapporto corrente non riporta nel testo cifre relative a ricavi, utili o altri dati finanziari; investitori e analisti devono consultare l'Exhibit 99.1 per i risultati dettagliati e le metriche.

Biglari Holdings Inc. difundió un comunicado de prensa con los resultados financieros del segundo trimestre y de los primeros seis meses finalizados el 30 de junio de 2025. El comunicado se adjunta como Exhibit 99.1 y se incluye una portada interactiva como Exhibit 104. La compañía declara explícitamente que el material se está proporcionando y no registrando, lo que significa que no está sujeto a las responsabilidades previstas en la Section 18 y no se incorporará por referencia en otras presentaciones salvo que la compañía lo indique expresamente.

El informe actual no incluye en su texto cifras numéricas de ingresos, ganancias u otros datos financieros; los inversores y analistas deberán consultar el Exhibit 99.1 para conocer los resultados detallados y las métricas.

Biglari Holdings Inc.� 2025� 6� 30일로 종료� 2분기 � 상반� 재무실적� 발표하는 보도자료� 제공했습니다. 보도자료� Exhibit 99.1� 첨부되었�, 대화형 표지 페이지� Exhibit 104� 포함되어 있습니다. 회사� 해당 자료가 제공� �이며 제출� �� 아니라고 명확� 밝혔으며, 이는 Section 18� 따른 책임 대상이 아니� 회사가 명시적으� 언급하지 않는 � 다른 서류� 참조� 포함되지 않는다는 뜻입니다.

� 현재 보고� 본문에는 매출, 이익 또는 기타 재무 수치가 기재되어 있지 않으므� 투자자와 애널리스트는 상세� 결과와 지표를 확인하기 위해 Exhibit 99.1� 검토해� 합니�.

Biglari Holdings Inc. a diffusé un communiqué de presse annonçant ses résultats financiers pour le deuxième trimestre et les six premiers mois clos le 30 juin 2025. Le communiqué est annexé en tant que Exhibit 99.1 et une page de couverture interactive est incluse en tant que Exhibit 104. La société précise explicitement que le document est fourni et non éDzé, ce qui signifie qu il n est pas soumis aux responsabilités prévues par la Section 18 et ne sera pas incorporé par renvoi dans d autres dépôts sauf mention expresse de la société.

Le rapport actuel n inclut pas dans son texte les chiffres numériques des revenus, bénéfices ou autres données financières ; les investisseurs et analystes doivent consulter l Exhibit 99.1 pour obtenir les résultats détaillés et les indicateurs.

Biglari Holdings Inc. hat eine Pressemitteilung veröffentlicht, die die Finanzergebnisse für das zweite Quartal und die ersten sechs Monate zum 30. Juni 2025 bekannt gibt. Die Pressemitteilung ist als Exhibit 99.1 beigefügt, und eine interaktive Titelseite ist als Exhibit 104 enthalten. Das Unternehmen stellt ausdrücklich fest, dass das Material bereitgestellt und nicht eingereicht wurde, was bedeutet, dass es nicht den Haftungsbestimmungen der Section 18 unterliegt und nicht in andere Einreichungen durch Verweisung aufgenommen wird, es sei denn, das Unternehmen erklärt dies ausdrücklich.

Der aktuelle Bericht enthält im Text keine numerischen Angaben zu Umsatz, Gewinn oder anderen finanziellen Kennzahlen; Investoren und Analysten müssen Exhibit 99.1 für detaillierte Ergebnisse und Kennzahlen heranziehen.

Positive
  • Press release announcing Q2 and six-month results attached as Exhibit 99.1
  • Interactive cover page (Inline XBRL) provided as Exhibit 104
Negative
  • The 8-K text does not include any financial figures or metrics
  • Information is furnished, not filed, so it is not incorporated by reference into future filings unless expressly stated

Insights

TL;DR Routine earnings disclosure furnished; no numbers in the 8-K itself, so immediate market impact is limited until Exhibit 99.1 is reviewed.

The filing serves primarily as a formal notice that Biglari Holdings has released quarterly and six-month results; by furnishing rather than filing the press release, the company provides timely disclosure while limiting statutory filing liabilities. Because the 8-K text contains no financial metrics, the document alone offers little for valuation adjustments or trading decisions. Analysts will need to read Exhibit 99.1 to assess revenue, operating performance, and any forward-looking commentary.

TL;DR Procedural 8-K: Exhibit attached and explicitly furnished, which affects incorporation and liability treatment.

From a governance and compliance standpoint, the company followed standard disclosure practice by furnishing the press release and including an Inline XBRL cover page. The clear statement that the information is "furnished" and not "filed" is important because it limits the statutory liabilities associated with incorporation by reference. There are no indicators in this report of material corporate actions, executive changes, or disclosures beyond the earnings announcement itself.

Biglari Holdings Inc. ha fornito un comunicato stampa con i risultati finanziari per il secondo trimestre e i primi sei mesi chiusi al 30 giugno 2025. Il comunicato è allegato come Exhibit 99.1 e una pagina di copertina interattiva è inclusa come Exhibit 104. La società dichiara esplicitamente che il materiale è fornito e non depositato, il che significa che non è soggetto alle responsabilità previste dalla Section 18 e non sarà incorporato per riferimento in altri documenti a meno che la società non lo dichiari espressamente.

Il rapporto corrente non riporta nel testo cifre relative a ricavi, utili o altri dati finanziari; investitori e analisti devono consultare l'Exhibit 99.1 per i risultati dettagliati e le metriche.

Biglari Holdings Inc. difundió un comunicado de prensa con los resultados financieros del segundo trimestre y de los primeros seis meses finalizados el 30 de junio de 2025. El comunicado se adjunta como Exhibit 99.1 y se incluye una portada interactiva como Exhibit 104. La compañía declara explícitamente que el material se está proporcionando y no registrando, lo que significa que no está sujeto a las responsabilidades previstas en la Section 18 y no se incorporará por referencia en otras presentaciones salvo que la compañía lo indique expresamente.

El informe actual no incluye en su texto cifras numéricas de ingresos, ganancias u otros datos financieros; los inversores y analistas deberán consultar el Exhibit 99.1 para conocer los resultados detallados y las métricas.

Biglari Holdings Inc.� 2025� 6� 30일로 종료� 2분기 � 상반� 재무실적� 발표하는 보도자료� 제공했습니다. 보도자료� Exhibit 99.1� 첨부되었�, 대화형 표지 페이지� Exhibit 104� 포함되어 있습니다. 회사� 해당 자료가 제공� �이며 제출� �� 아니라고 명확� 밝혔으며, 이는 Section 18� 따른 책임 대상이 아니� 회사가 명시적으� 언급하지 않는 � 다른 서류� 참조� 포함되지 않는다는 뜻입니다.

� 현재 보고� 본문에는 매출, 이익 또는 기타 재무 수치가 기재되어 있지 않으므� 투자자와 애널리스트는 상세� 결과와 지표를 확인하기 위해 Exhibit 99.1� 검토해� 합니�.

Biglari Holdings Inc. a diffusé un communiqué de presse annonçant ses résultats financiers pour le deuxième trimestre et les six premiers mois clos le 30 juin 2025. Le communiqué est annexé en tant que Exhibit 99.1 et une page de couverture interactive est incluse en tant que Exhibit 104. La société précise explicitement que le document est fourni et non éDzé, ce qui signifie qu il n est pas soumis aux responsabilités prévues par la Section 18 et ne sera pas incorporé par renvoi dans d autres dépôts sauf mention expresse de la société.

Le rapport actuel n inclut pas dans son texte les chiffres numériques des revenus, bénéfices ou autres données financières ; les investisseurs et analystes doivent consulter l Exhibit 99.1 pour obtenir les résultats détaillés et les indicateurs.

Biglari Holdings Inc. hat eine Pressemitteilung veröffentlicht, die die Finanzergebnisse für das zweite Quartal und die ersten sechs Monate zum 30. Juni 2025 bekannt gibt. Die Pressemitteilung ist als Exhibit 99.1 beigefügt, und eine interaktive Titelseite ist als Exhibit 104 enthalten. Das Unternehmen stellt ausdrücklich fest, dass das Material bereitgestellt und nicht eingereicht wurde, was bedeutet, dass es nicht den Haftungsbestimmungen der Section 18 unterliegt und nicht in andere Einreichungen durch Verweisung aufgenommen wird, es sei denn, das Unternehmen erklärt dies ausdrücklich.

Der aktuelle Bericht enthält im Text keine numerischen Angaben zu Umsatz, Gewinn oder anderen finanziellen Kennzahlen; Investoren und Analysten müssen Exhibit 99.1 für detaillierte Ergebnisse und Kennzahlen heranziehen.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): August 8, 2025
BIGLARI HOLDINGS INC.
(Exact Name of Registrant as Specified in Charter)
Indiana 001-38477 82-3784946
(State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)
19100 Ridgewood Parkway,
Suite 1200
San Antonio,Texas78259
(Address of Principal Executive Offices)(Zip Code)

Registrant’s telephone number, including area code: (210) 344-3400
Not Applicable
(Former Name or Former Address, if Changed Since Last Report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading Symbol(s)Name of Each Exchange on Which Registered
Class A common stockBH.ANew York Stock Exchange
Class B common stockBHNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 



Item 2.02.     Results of Operations and Financial Condition.
On August 8, 2025, Biglari Holdings Inc. (the “Company”) issued a press release announcing its financial results for its second quarter and first six months, which ended June 30, 2025. The Company’s press release is attached hereto as Exhibit 99.1 and the information set forth therein is incorporated herein by reference and constitutes a part of this report.
The information in this Current Report, including the exhibit attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section. The information in this Current Report, including the exhibit, shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any incorporation by reference language in any such filing, unless the Company expressly sets forth in such future filing that such information is to be considered “filed” or incorporated by reference therein.
Item 9.01.     Financial Statements and Exhibits.
(d) Exhibits.

Exhibit No. Description
99.1 
Press Release issued by the Company on August 8, 2025
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)



SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
August 8, 2025BIGLARI HOLDINGS INC.
  
 By:  /s/ Bruce Lewis
  Name:Bruce Lewis
  Title:Controller

FAQ

What did Biglari Holdings (BH) disclose in this 8-K?

The company furnished a press release announcing financial results for the second quarter and the first six months ended June 30, 2025; the press release is attached as Exhibit 99.1.

Are the financial results (numbers) included in the 8-K filing for BH?

No. The 8-K states the press release is attached as Exhibit 99.1; the textual portion of this report does not include revenue, earnings, or other numerical metrics.

Is the information in this 8-K considered "filed" with the SEC?

No. The company explicitly states the information is being furnished and shall not be deemed filed for purposes of Section 18 of the Exchange Act.

Where can investors find the detailed financial figures for BH's Q2 2025 results?

Investors should review the press release attached as Exhibit 99.1 to this 8-K for complete financial figures and explanatory commentary.

What exhibits were included with this 8-K?

The filing lists Exhibit 99.1 (press release issued August 8, 2025) and Exhibit 104 (Cover Page Interactive Data File/Inline XBRL).
Biglari Holdings

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