{"schema_version":"secwatch.filing_event.v1","accession":"0001726173-21-000028","form_type":"8-K","ticker":"BH-A","cik":"0001726173","company_name":"Biglari Holdings Inc.","filed_at":"2021-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:04:19.397524+00:00","generated_at":"2026-06-29T20:44:36.893234+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Biglari Holdings Q2 operating earnings $8.4M; net loss $20.7M on investment losses","bullets":["Pre-tax operating earnings for Q2 2021 were $8.4 million, compared to a loss of $3.5 million in Q2 2020.","Net loss for Q2 2021 was $20.7 million, versus net earnings of $42.5 million a year ago, driven by investment losses.","For first six months of 2021, pre-tax operating earnings were $17.3 million vs loss of $9.5 million in 2020.","Six-month net earnings were $51.0 million compared to net loss of $95.4 million in 2020.","The company cautions that quarterly fluctuations in investments are not meaningful; focus is on operating businesses."],"urls":{"canonical":"https://secwatch.observer/filing/0001726173-21-000028","json":"https://secwatch.observer/filing/0001726173-21-000028.json","markdown":"https://secwatch.observer/filing/0001726173-21-000028.md","text":"https://secwatch.observer/filing/0001726173-21-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1726173/000172617321000028/0001726173-21-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1726173/000172617321000028/bh-20210806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T20:44:36.893234+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}