Biglari Holdings reports Q4 net loss of $10.3M; full-year operating earnings fall 25%

Biglari Holdings Inc.

Q4 2024 pre-tax operating earnings $3.9M vs $3.8M in Q4 2023; full-year $32.6M down from $43.2M.
Net loss attributable to shareholders was $10.3M in Q4 and $3.8M for full year 2024.
Investment losses of $21.9M in Q4 and $40.7M for the year drove the net loss.
Annual letter from Sardar Biglari posted at www.biglariholdings.com alongside 10-K.

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