BBQ logo

BBQ Holdings, Inc. Stock Price

NasdaqGS:BBQ Community·US$185.5m Market Cap
  • 0 Narratives written by author
  • 0 Comments on narratives written by author
  • 0 Fair Values set on narratives written by author

BBQ Share Price Performance

US$0
0.00 (0.00%)
US$0
0.00 (0.00%)
Price US$0

BBQ Community Narratives

There are no narratives available yet.

Trending Discussion

Updated Narratives

No recently updated narratives available.

Snowflake Analysis

Adequate balance sheet and fair value.

4 Risks
2 Rewards

BBQ Holdings, Inc. Key Details

US$267.7m

Revenue

US$227.8m

Cost of Revenue

US$39.9m

Gross Profit

US$27.5m

Other Expenses

US$12.4m

Earnings

Last Reported Earnings
Jul 03, 2022
Next Reporting Earnings
n/a
1.15
14.91%
4.62%
34.2%
View Full Analysis

About BBQ

Founded
1994
Employees
2374
CEO
Jeffery Crivello
WebsiteView website
www.bbq-holdings.com

BBQ Holdings, Inc. develops, owns, operates, and franchises casual and fast dining restaurants under the Famous Dave’s, Village Inn, Clark Crew BBQ, Granite City, Tahoe Joe’s Steakhouse, Bakers Square, and Real Urban Barbecue names in the United States, Canada, and the United Arab Emirates. It offers smoked, barbequed, and grilled meats, as well as entrée items, and side dishes and appetizers. The company operates full-service and counter-service restaurants. As of March 14, 2022, it had 100 company owned locations and approximately 200 franchised locations, including ghost kitchens operating out of the kitchen of another restaurant location or shared kitchen space. BBQ Holdings, Inc. was incorporated in 1994 and is based in Minnetonka, Minnesota.

Recent BBQ News & Updates

Seeking Alpha Aug 09

MTY Food to acquire BBQ for $17.25/share in an highly accretive transaction

MTY Food (OTCPK:MTYFF) and BBQ (NASDAQ:BBQ) entered into a definitive merger agreement wherein the former will acquire all of the issued and outstanding common shares of the latter for cash consideration of $17.25/BBQ share representing total transaction value of ~$200M including BBQ net debt. The transaction consideration will be 100% funded in cash; MTY will use its cash on hand and its existing credit facility to fund the cash consideration. On transaction completion (expected by Q4 of 2022), BBQ will become a subsidiary of MTY and the shares of BBQ will be de-listed from Nasdaq. As of Aug. 9, 2022, BBQ operates 200+ franchised and 100+ corporate-owned restaurants; for FY22 ending Jan. 1, 2023, the company is expected to generate 12-month run-rate system sales and cash EBITDA between $685M to $725M and $25.5M and $27.5M, respectively. With this Transaction, MTY will add leading restaurant brands to its network which will reach a total of ~7K locations, including 3.9K+ in U.S. The transaction is expected to be immediately accretive to MTY’s free cash flow per share; transaction represents a 7.5x multiple of BBQ mid-point FY2022E run-rate cash EBITDA guidance of $26.5M.

Recent updates

No updates