BT Brands, Inc. (BTBD)

In November 2025, BT Brands reported a record third-quarter profit. In September 2025, BT Brands and Aero Velocity Inc. announced a merger agreement, leading to shareholder investigations. In August 2025, the company reported a second-quarter profit and announced strategic initiatives, including a potential merger and the sale of Bagger Dave's restaurant locations. In May 2025, BT Brands reported its first-quarter results. In September 2024, Hurricane Helene caused damage to Keegan's Seafood Grille, leading to its temporary closure.

The demand for BT Brands, Inc.'s products and services is subject to seasonal fluctuations, with higher sales during warmer months and holiday seasons. Fast-food establishments see increased demand during holidays, while dine-in restaurants may experience a decline. Seasonal menu items are often introduced to maintain customer interest.

BT Brands, Inc. is a multi-brand restaurant company in the Consumer Discretionary sector, operating various dining experiences including Burger Time, Bagger Dave's Burger Tavern, Keegan's Seafood Grille, Pie In The Sky Coffee and Bakery, Schnitzel Haus, and a Dairy Queen franchise.

BT Brands, Inc. has a geographic presence across several states in the United States. Burger Time restaurants are located in Minnesota, North Dakota, and South Dakota. Bagger Dave's Burger Tavern, Inc. operates in Michigan, Ohio, and Indiana. Keegan's Seafood Grille is situated in Indian Rocks Beach, Florida. Pie In The Sky Coffee and Bakery is located in Woods Hole, Massachusetts. Schnitzel Haus is in Hobe Sound, Florida.

BT Brands, Inc.'s brand reputation has been influenced by its merger agreement with Aero Velocity Inc. and subsequent shareholder investigations into the fairness of the merger. No other specific events impacting the general public perception or brand image of its restaurant operations were prominently reported in the past year.

BT Brands, Inc. has a mixed ownership structure with approximately 0.61% to 1.10% held by institutional investors, 9.75% by insiders, and 89.15% to 91.17% by public companies and individual investors. Major institutional shareholders include Vanguard Group Inc., Geode Capital Management, Llc, FSMAX - Fidelity Extended Market Index Fund, State Street Corp, DRW Securities, LLC, Citadel Advisors Llc, Toronto Dominion Bank, UBS Group AG, Tower Research Capital LLC (TRC), and FCFMX - Fidelity Series Total Market Index Fund. Sally Copperud is reported to own the most shares among individual investors.