Company Description

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.