Buffett-inspired Biglari Holdings (NYSE: BH ) is not nearly as followed as its model business, Berkshire Hathaway (NYSE: BRK-B ) , but investors in the latter would be wise to keep an eye on the moves of this restaurant-focused holdings company.
Led by 35-year-old "combative" investor Sardar Biglari, the company may be most widely known for its acquisition and turnaround of fast-food chain Steak n Shake. Since going public in 2008 (shortly before the financial crisis), the company's stock has returned more than 200% for shareholders, with 23% of shares still held by inside owners. Though management releases limited commentary and analysis with its quarterly reports, we can take a closer look at the recent SEC filing to see whether Biglari Holdings is headed higher still.
Quarterly results
Biglari derives the bulk of its revenue from restaurant operations, with the investment management arm of the company, The Lion Fund, contributing a much smaller amount. Year over year, earnings are almost identical, with restaurant earnings bringing in $218.74 million, compared with $218.36 million in the year-ago period. The increase was mainly due to a 0.3% increase in same-store sales for Steak n Shake, even with a 0.2% decrease in customer traffic. Franchise and royalty fees were up an impressive 26%, while investment income performed very strongly, growing from $1.84 million in 2012 to $2.29 million in this year's first 16 weeks. Overall, net revenues grew to $225.2 million from $223.68 million -- a forgettable gain.
Top 5 Small Cap Stocks For 2015: NutriSystem Inc(NTRI)
Nutrisystem, Inc. provides weight management products and services in the United States. The company offers nutritionally balanced weight loss programs designed for women, men, and seniors. Its Nutrisystem program consists of approximately 130 portion-controlled items that serve as the foundation of a low Glycemic Index diet. The company?s programs include Nutrisystem D program designed for people with type 2 diabetes for loosing weight and managing their diabetes; SUCCESS program designed to take the weight off and keep it off through portion-controlled, balanced nutrition, and low Glycemic Index eating; and Nutrisystem Select, a program for weight loss and weight management that offers standard shelf-stable food and fresh-frozen foods. It also provides monthly food packages of shelf-stable and frozen foods consisting of 28 days of breakfasts, lunches, dinners, and desserts, which are supplemented with dairy, fruits, salads, vegetables, and low-glycemic carbohydrate item s. In addition, the company offers transition and maintenance plans that comprise support tools and desired meal occasions, as well as online and smart phone weight management tools. Nutrisystem, Inc. sells its pre-packaged foods to weight loss program participants directly through the Internet and telephone, as well as through QVC, a television shopping network. The company was founded in 1972 and is based in Fort Washington, Pennsylvania.
Advisors' Opinion:- [By Glenn Rogers]
Nutrisystem (NTRI) has been in business for over 40 years, and provides its clients with a complete menu, along with counseling, online tools and applications, along with cookbooks and complete meal planning.
- [By Lauren Pollock]
Nutrisystem Inc.'s(NTRI) better-than-expected adjusted third-quarter profit sent shares higher, as the weight-loss products company also struck a cautiously optimistic tone about the upcoming diet season. Shares climbed 9.2% to $16.40 in premarket trading, as results for the period exceeded the muted expectations�Nutrisystem outlined in July.
- [By Ben Levisohn]
Shares of Weight Watchers have gained 23% to $24.36 at 11:27 a.m., while NutriSystem (NTRI) has gained 2.4% to $15.36 and Medifast (MED) has dropped 1.6% to $31.15.
- [By Lisa Levin]
Consumer Services: The industry gained 1.46% by 10:30 am. The top performer in this industry was Nutrisystem (NASDAQ: NTRI), which gained 3.2%. Barrington Research initiates coverage on NutriSystem with a Outperform rating.
Top Electric Utility Companies To Invest In 2014: AsiaInfo-Linkage Inc.(ASIA)
AsiaInfo-Linkage, Inc. provides telecommunications software solutions and information technology (IT) products and services to telecommunications carriers and other enterprises in the People?s Republic of China. The company offers business and operation support systems product suites, including OpenBilling, a billing solution for telecommunications operators; OpenCRM, a CRM solution suite for telecommunications operators; OpenBOSS, a carrier-class business operation support system solution; OpenBI, a carrier-class operating analysis and decision support system platform; OpenPRM, a system that calculates, manages, and reconciles payment for intercarrier network access. It also provides network management solutions comprising NetXpert, a data and Internet protocol network management solution; and OpenXpert, an integrated telecommunications network management system. In addition, the company offers service applications products, such as Mail Center, an online messaging softwa re; Spam Patrol software for real time anti-spam control; and Net Disk, a network hard disk product, which facilitates Internet-based file transfer, sharing, and management, as well as supports other functions, such as data processing of short message folders and synchronization of mobile devices. Its service applications products also include Internet Short Messaging Gateway, a business support platform for value-added short messaging services; and Device Management Platform that enables mobile operators to manage various mobile devices and perform remote mobile device management, such as remote diagnosis and parameter setup. In addition, it offers software enhancement and maintenance, system integration, and other value-added IT consulting and planning services. The company was formerly known as AsiaInfo Holdings, Inc. and changed its name to AsiaInfo-Linkage, Inc. in July 2010. AsiaInfo-Linkage, Inc. was founded in 1993 and is headquartered in Beijing, the People?s Republ ic of China.
Advisors' Opinion:- [By Bloomberg News]
��he prospects of Chinese equities are positive for the long-term, but near-term there are some execution risks with regard to implementing reforms,��said Teresa Chow, a Hong Kong-based money manager who helps oversee about $1.5 billion at RBC Investment (Asia) Ltd. ��ainland investors seem to have more reasonable expectations.��
- [By Jonathan Burgos]
��arkets are entering a period of uncertainty,��said Yoji Takeda, Hong Kong-based head of Asian equities at RBC Investment (Asia) Ltd., which oversees $1.5 billion. ��here�� a policy vacuum in Japan and the government isn�� going to come up with new policies until parliament resumes sessions in September. While the possible tapering of U.S. stimulus has been more or less priced in, people tend to be a little bit cautious until it happens.��
- [By Kana Nishizawa]
��he market is still optimistic about the detailed reform plan�� said Teresa Chow, a fund manager at RBC Investment (Asia) Ltd., which oversees $1.5 billion. ��ince Hong Kong and China markets are underweighted by many fund managers, some of them might want to increase their weighting.��
- [By Rich Duprey]
Chinese telecom software provider AsiaInfo-Linkage (NASDAQ: ASIA ) announced this morning that it has agreed to be acquired by�a private investor consortium led by CITIC Capital Partners for approximately $890 million.
Top Electric Utility Companies To Invest In 2014: Obagi Medical Products Inc.(OMPI)
Obagi Medical Products, Inc., a specialty pharmaceutical company, develops, markets, and sells topical aesthetic and therapeutic prescription skin care systems. It offers Obagi Nu-Derm System, including prescription and OTC drugs that are used for the treatment of fine lines, wrinkles, acne, photo damage, hyperpigmentation, melasma, laxity, and skin sallowness; Obagi Condition and Enhance Systems that are used before and after surgical and non-surgical cosmetic procedures; Obagi-C Rx System comprises Vitamin C with 4% hydroquinone system to treat skin conditions resulting from sun damage and the oxidative damage of free radicals; and Professional-C products consisting of Vitamin C serums for the treatment of antioxidant protection, fine lines, wrinkles, and hyperpigmentation. The company also provides ELASTIderm Eye and D�olletage, which increases the elasticity and skin tone of eyes, face, neckline, and chest; ELASTILash Eyelash Solution that enhances the appearance of thickness and fullness of eyelashes; CLENZIderm M.D. Systems and Tretinoin for treating acne; and Obagi Rosaclear System used for the treatment of rosacea. In addition, it offers Refissa and Blue Peel RADIANCE used for the treatment of fine facial lines, hyperpigmentation, and tactile roughness; Metronidazole used for the treatment of rosacea; Obagi Blue Peel Essential Kit used for the treatment of fine lines, wrinkles, and hyperpigmentation. Further, the company licenses non-prescription product concepts under the Obagi trademark to a Japanese-based pharmaceutical company for sale through consumer distribution channels in Japan. Obagi Medical Products, Inc. sells its products through sales force and distribution partners in the United States, North and Central America, Europe, the Middle East, and Asia to dermatologists, plastic surgeons, and other physicians that are focused on aesthetic and therapeutic skin care. The company was founded in 1988 and is headquartered in Lon g Beach, California.
Advisors' Opinion:- [By Keith Speights]
"Bidness" is good
Last week, Obagi Medical Products (NASDAQ: OMPI ) made our list of humongous performers after Valeant Pharmaceuticals� (NYSE: VRX ) announced a $344 million bid for the company. This week saw a bidding frenzy, with Obagi shares jumping another 29%.
Top Electric Utility Companies To Invest In 2014: Monster Worldwide Inc. (MWW)
Monster Worldwide, Inc., together with its subsidiaries, provides online and mobile employment solutions worldwide. It offers customized solutions and technologies across a range of public and private sectors. The company utilizes the Web, mobile apps, and social media to connect employers with job seekers at all levels in the Americas, Europe, and Asia. Its services and solutions include searchable job postings, resume database access, recruitment media solutions, and other career-related content. Monster Worldwide, Inc. also facilitates jobseekers to search job postings and post their resumes on its career Websites; and employers and human resources companies to advertise jobs, search its resume database, and utilize career site hosting and other services, such as recruitment media. The company provides solutions and technology to simplify the hiring process for employers; and work-related content, services, and advice for job seekers. It serves individuals, small and me dium-sized organizations, enterprise organizations, and educational institutions; and federal, state, and local government agencies through a field sales force, telephone sales force, and an online service. The company was founded in 1967 and is headquartered in New York, New York.
Advisors' Opinion:- [By John Udovich]
Staffing 360 Solutions Inc. Having a consolidation strategy that is well suited for the highly fragmented temporary staffing industry, small cap Staffing 360 Solutions intends to become a major international publicly-held staffing organization with diversified staffing services by engaging in a targeted accretive acquisition strategy. Staffing 360 Solutions has already developed a significant pipeline of acquisition targets in the IT, financial, accounting, healthcare and banking industries. Moreover, its executive chairman Brendan Flood spent seven years at Hudson Global Inc (NASDAQ: HSON) in various roles in Europe and the United States, culminating with him leading the company's IPO and listing of its common stock on the Nasdaq National Market in 2003. During 2004 and 2005 he was the CFO/COO for Hudson North America (returning the business to profitability after several loss-making years) while�prior to the IPO, it should be noted that Hudson was part of what is now Monster Worldwide, Inc (NYSE: MWW). CEO Matt Briand also has 17 years of staffing industry experience from various recruitment, sales, management and executive roles. On Wednesday, Staffing 360 Solutions issued an updated forecast for the next three fiscal quarters is as follows: $24.1 million for the quarter ending May 31, 2014, $30.2 million for the quarter ending August 31, 2014, and $32.1 million for the quarter ending November 30, 2014. Staffing 360 Solutions has also recently completed the acquisition of�PeopleSERVE, which�provides IT professional and management consultants on a contract and direct hire basis to state and local government, multinational and regional businesses and entrepreneurial firms throughout the greater Boston area.�On Wednesday, Staffing 360 Solutions fell 0.50% to $1.99 (STAF has a 52 week trading range of $0.55 to $2.10 a share) for a market cap of $60.98 million plus the stock is down 0.5% since the start of the year, up 20.6% over the past year and up 165.3% ove
- [By Jeff Reeves]
Unlike blanket sites like HotJobs from Yahoo (YHOO) or Monster Worldwide (MWW), Dice is compartmentalized with properties that includes tech portal Slashdot, oil and gas site Rigzone and finance site eFinancial Careers and medical career site Health Callings.
- [By Steve Symington]
What:�Shares of Monster Worldwide� (NYSE: MWW ) plunged more than 18% early Thursday after the company released weaker-than-expected first-quarter results.
- [By Chris Hill]
Boston Beer (NYSE: SAM ) reports a 20% increase in first-quarter revenue, but shares fall on weaker-than-expected profits. Visa (NYSE: V ) hits an all-time high in the wake of strong earnings and raised guidance. General Motors (NYSE: GM ) rises on gains in its European business. And Monster Worldwide (NYSE: MWW ) reports a 33% jump in quarterly profits as it considers selling the company.
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