secwatch.observer — SEC 8-K summary
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Issuer:     Biglari Holdings Inc. (BH-A)
CIK:        0001726173
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001726173-23-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Biglari Holdings reports Q4 net income of $10M; full-year net loss of $32M on investment losses
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- Q4 2022 pre-tax operating earnings $5.2M vs $6.9M in Q4 2021.
- Full-year 2022 pre-tax operating earnings $36.3M vs $24.9M in 2021.
- Full-year net loss attributable to shareholders $32.0M vs profit $35.5M in 2021.
- Investment losses of $79.3M in 2022 vs gains of $17.4M in 2021.
- Annual report posted at www.biglariholdings.com with Sardar Biglari's letter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1726173/000172617323000010/0001726173-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1726173/000172617323000010/bh-20230225.htm
  HTML page:      https://secwatch.observer/filing/0001726173-23-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer