Twin Hospitality Q1 revenue down 5.4%, net loss widens to $12.1M; cuts FY new openings to 3-4

Twin Hospitality Group Inc.

2025-Q1 EPS reported -$0.26 revenue$87,105,000

Total revenue $87.1M, down 5.4% YoY; same-store sales declined 1.5%.
Net loss of $12.1M vs $9.2M loss in prior year; loss from operations $1.1M vs income $1.3M.
System-wide Twin Peaks sales up 5% to $146.3M; Adjusted EBITDA $5.1M (down from $7.1M).
Two new lodges opened; FY openings reduced to 3-4 due to construction delays.
Alcohol nearly 50% of restaurant revenue; 100 franchise agreements in pipeline.

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