---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-003600"
form_type: "8-K"
ticker: "BTBD"
cik: "0001718224"
company_name: "BT Brands, Inc."
filed_at: "2024-06-10T23:59:59+00:00"
generated_at: "2026-06-01T05:20:09.359997+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# BT Brands authorizes repurchase of 10% of outstanding shares; forecasts improved 2024 results

## Summary
- Board approved repurchase of up to 625,000 shares, about 10% of outstanding common stock.
- Company expects positive operating cash flow and earnings in second half of 2024.
- Restaurant operating profit forecast to improve by ~$1M vs 2023, with restaurant-level EBITDA ~14% of revenue.
- Six Bagger Dave's locations to be repurposed to a different concept in H2 2024.
- BT Brands plans dissident slate for Noble Roman's board to assist in refinancing 2025 debt.

## SEC filing metadata
- accession: 0001477932-24-003600
- form_type: 8-K
- ticker: BTBD
- cik: 0001718224
- company_name: BT Brands, Inc.
- filed_at: 2024-06-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718224/000147793224003600/0001477932-24-003600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718224/000147793224003600/btbd_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-003600
- JSON: https://secwatch.observer/filing/0001477932-24-003600.json
- Plain text: https://secwatch.observer/filing/0001477932-24-003600.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.