BNET Industries
Market Cap:$342.0M
Last Fiscal Year Sales:$610.0M
- Public
- US
Dow Jones Description
Headquartered in Indianapolis, IN, The Steak 'n Shake Company (NYSE: SNS) is a restaurant with nearly 430 locations in the Midwest and Southeast U.S. The company is known for its steakburgers, but also serves fries, chicken, milkshakes, sandwiches and chili. The company owns all locations except 60 franchises. It had 2005 revenue of about $606.9 million and employs about 21,500 people. During fiscal year 2005, it opened nineteen new units, and its franchisees opened four new units. The majority of new company-owned units were built in the Florida, Indiana, Ohio and Texas markets, while a franchise-opening created a new presence in Arkansas.
President
Alan B. GilmanNumber of Employees 6,667
Contact Information
36 S Pennsylvania St Ste 500
Indianapolis, Indiana 46204-3630
(317) 633-4100
Peer Companies
NAICS Code Full-Service Restaurants: 722110
Recent Events
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Steak n Shake and Western Sizzlin sign merger agreement
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Market Report -- In Play SNS
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Activist CEO Builds His Stake in Steak n Shake
News & Analysis
Filter by
steak n shake co. - All News and Analysis
Will Steak n Shake Become the Next Mini Berkshire Hathaway?
STOCKMANMARC submits: Sardar Biglari, acting CEO of Steak n Shake SNS, has wasted no time in turning the company into a holding company much like Warren Buffett did with Berkshire Hathaway (BRK.A). Biglari is using Steak n Shake's free cash flow to buy a 9.9% steak in Fremont Michigan...
Steak 'N Shake Looks to Invest Extra Cash
Neal Shanske submits: The Steak N Shake Company SNS filed an 8-k Friday afternoon disclosing that it has amended its credit agreement to “permit the Company to use up to $10.0 million of surplus cash to make investments of any lawful nature, so long as no event of default...
A Reasonable Look at Steak N' Shake CEO's Raise
Jeff Moore submits: Recently, as many of you know, Sardar Biglari got a pretty big raise for his role at Steak 'n Shake SNS. While not making any money in director's fees, not getting stock options, and not having a contract, he is still going to be the recipient of...
Steak 'n Shake Shareholders' Meeting - Turnaround in Progress
Jeff Moore submits: Tuesday was a good day... Steak 'n Shake's SNS stock was up almost 20%, the company posted an accounting profit for the quarter, and the Annual Meeting of Shareholders took place. As I made the 3 hour trek to Indianapolis, I am posting the majority of my...
Steak N' Shake: Short Squeeze in the Works?
Jeff Moore submits: It has come to my attention that there may be a short squeeze in the works for Steak n' Shake SNS. Volume has been substantially lower, which, when coupled with a higher price, means that money is coming into the stock and staying there (I'll reference John...
Notes from Steak 'n Shake's Investor Day
Jeff Moore submits: After returning from Steak 'n Shake's SNS Investor Day last Tuesday, I have had a few nights to sleep on the developments, curb my enthusiasm, and use the entire balance of the $15 gift card that was handed out to all of the attendees (my dividend for...
Steak 'n Shake Preparing for Tasty Cash Flows
Jeff Moore submits: In light of the recently released Chairman's Letter from Sardar Biglari of Steak 'n Shake SNS, I figured that I would take some time to sing the praises of my favorite milkshake supplier. I'm going to go out on a limb here, and say that this letter...
Steak N Shake's New Direction Is Terrific News for Shareholders
Jeff Annello submits: Here it is folks, the first quarter for Steak N Shake SNS under the watch of Sardar Biglari is now in the books. Instead of me giving you all the quotes, you might as well just go ahead and read the press release. There are...
Steak n Shake: Watching and Waiting as Biglari Names Himself CEO
Jeff Annello submits: As we’ve known since the annual meeting of Western Sizzlin’ WEST, Biglari has been searching for a new CEO for Steak N Shake SNS. It seems he has found one: himself. Before we go nuts here, read this quote from the filing: I...
Time To Start Nibbling at Restaurants?
Alan Brochstein, CFA submits: There is an apparently large faction of people who expect that Americans, weighed down by their debt burdens and facing rising costs, will abandon restaurants and start cooking. Yeah, right. While I have been very negative on the industry, I want to say that...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Alan B. Gilman | President |
| J. Michael Vance | Vice President, Strategic Planning and Chief Information Officer |
| Jeffrey Blade | Executive Vice President, Chief Financial Officer and Chief Administrative Officer |
| Steve Schiller | Senior Vice President & Chief Marketing Officer |
| Gary Reinwald | Executive Vice President, Development |
| Omar Janjua | Executive Vice President, Operations |
| Thomas Murrill | Senior Vice President, Human Resources |
| Bradley Manns | Vice President, Franchising |
| David C. Milne | Vice President, General Counsel, Corporate Secretary |
| Douglas D. Willard | Vice President, Consumer Insight and Innovation |
| Duane Geiger | Vice president, Controller |
| Kenneth L. Faulkner | Vice President, Operations |
| Lynne Elson | Vice President, Operations Support |
| Scott A. Deibert | Vice President, Supply Chain |
| James Williamson Jr. | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| J. Fred Risk | Board of Directors |
| John W. Ryan | Board of Directors |
| Ruth J. Person | Board of Directors |
| Steven M. Schmidt | Board of Directors |
| Wayne L. Kelley | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | President | Current |
| The Steak 'n Shake Company | Chairman | Current |
| The Steak 'n Shake Company | CEO | Former |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Vice President, Strategic Planning and Chief Information Officer | Current |
| The Steak 'n Shake Company | Director, Information Technology | Former |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Executive Vice President, Chief Financial Officer and Chief Administrative Officer | Current |
| The Steak 'n Shake Company | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Senior Vice President & Chief Marketing Officer | Current |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Executive Vice President, Development | Current |
| The Steak 'n Shake Company | National Gm | Former |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Executive Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Senior Vice President, Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Vice President, Franchising | Current |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Vice President, General Counsel, Corporate Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Vice President, Consumer Insight and Innovation | Current |
| The Steak 'n Shake Company | Independent Consultant | Former |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Vice president, Controller | Current |
| The Steak 'n Shake Company | Vice President, Information Systems, Financial Planning | Former |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Vice President, Operations | Current |
| The Steak 'n Shake Company | Division Manager | Former |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Vice President, Operations Support | Current |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Vice President, Supply Chain | Current |
| Organization | Position | Status |
|---|---|---|
| The Security Group Corp | Chairman | Current |
| The Steak 'n Shake Company | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Director | Current |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Board of Directors | Current |
| Indiana University | President | Former |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Board of Directors | Current |
Steven M. Schmidt was named President, North American Business Solutions Division in July 2007. Steve brings to Office Depot 30 years of diverse business expertise and leadership. Before joining the Company, Steve was with ACNielsen Corporation, the world's largest marketing information and research company, where he spent 12 years in senior management roles, most recently as President and Chief Executive Officer. Prior to ACNielsen, Steve spent eight years at Pillsbury Food Company, serving as the company's President of Canada and Southeast Asia. He also held management positions at PepsiCo and Procter & Gamble. Steve is a graduate of Purdue University and holds a BA in Industrial Administration. He is a member of the Board of Directors of Steak n Shake Company.
| Organization | Position | Status |
|---|---|---|
| Office Depot, Inc. | President, North American Business Solutions Division | Current |
| Access Group Inc. | Project Manager | Current |
| The Steak 'n Shake Company | Board of Directors | Current |
| VNU Marketing Information, Inc. | President & CEO | Former |
| Acnielsen Corporation | President & CEO | Former |
| VNU Marketing Information, Inc. | Executive Vice President | Former |
| Access Group Inc. | Associate | Former |
| Outdoor Lighting Perspectives | Former | |
| Wellington Cordage, LLC | Former | |
| Perfect Equipment Company, LLC | Former | |
| ArvinMeritor, Inc. | Former | |
| Purdue University | BA in Industrial Administration | Former |
| Milwaukee School of Engineering | Degree, Mechanical Design Engineering Technology | Former |
| Organization | Position | Status |
|---|---|---|
| The Steak 'n Shake Company | Board of Directors | Current |
| Steak & Shake Company | President | Former |
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