Thank you, Jen, and welcome to everybody on the call today -- on the BT Brands call.
our Copperud. is today me CEO, Gary With
dig And the forward-looking today. we're end Gary call will everybody before looking at that going remarks will towards have some be we you.
And of with no to cautionary the I that, least statements discussing I'm to think forward quarter into we, this doubt, attention call, but some making
historical performance you're as all And is and future assurance of these not well no facts are assured. aware,
all rely on you statements not we may forward-looking caution today. that we Therefore, to any make
we're quarter a Brands, Our BT as for accounting many restaurants are, on period. X-X-X
So XX is weeks. each accounting period
the back basically go million cash think, balance certainly story. everybody's a attention, the bit say [indiscernible], $X we would now.
I approximately securities, is we $XXX,XXX. So that are that really the -- in in for a release. bottom But saying not And ended without another We marketable in sheet with of I'm and quarter. going we it you it quarter after-tax to loss and and a we line reread is did and around of quarter that benefit that performance I go it's press aggressively have the that. the terms X. And that's call I essentially of if would say, $X.X to in all sitting disappointing the goes information release, own And on end that million first that was ended excludes are Bagger quarter press of from of addressing XX% a July right that of Dave's, tabular which performance unchanged
cash work big put quarter. obviously, cash a is loss, too going leverage run and able in to wasn't a a you we impacts get during to and bottom and will XX% the of we that, simple numbers, a a G&A us.
We X%. line to that right And and below that though it G&A to point math in even consumer to we to have fashion. little need million profit, more everybody really it we're that's that's down which the certainly, as hopefully, the range revenue our business high. is than much show to significant also get We and now, $X tabular prudent the -- the $X around cash the money generate if look more in So costs, And to more really priority share closer be at X% where work in growing some of
So that's the long-term goal business. in this terms of growing
permanent of have very grow amount to financing in have have our balance million debt, We modest of And a aware rates current the of study up lucky the we've mortgages with the sheet cash to our at before in well equity interest low to the or minutes got Time good you found stores long-term refinanced Burger smart those started a our who of percentage portion XX-Q either on with taken business. certainly to were and we the debt. are very million a $XX obviously roughly move $X.X X.XX%. few long-term And
not ability dollars and we're we we combine aggressive we front paying buyers, And time. and implement for main strong of we're to a come the ability or people one quickly, top close end but is of the or plan, very we're position don't financial acquisitions them hopefully another. to negotiations with most at our look We're usually the in to to strong have position. at things that Obviously, the that very is tell fruition pursuing got -- we've a which go which the any of So business anything. reason all benefit,
shop quarter, egg the are inflation and from year that's you're think year. year of from Woods on comments slowing we in moderated somewhat coffee probably that restaurants. ago. hearing well. the in rapid certainly It's a we saw of as Hole, and a half use Massachusetts. a and couple out Pie at in right it's than a of price Because million less our And other were you have ago $X Sky, baking, and I the eggs butter a they this I down seen us really benefiting obviously, now the butter, significantly last Certainly, lot think So actually
now point terms seen of profit in couple business. we've in a which of basis probably percentage of bottom lowering right a hundred prices, operating that the So of pickup us out there commodity benefiting are line
Dakota, right in And through thing we last So weeks more seasonal stable. -- tap Dakota. It's of back that as fall.
But we're obviously, the We not we need if you certainly year, we're about, recall big that a doesn't is understand where close told, actively the coming either hours, X actually talk at locations, which more I South or to the curtail this college, -- Minnesota, even material open, as cleaning staff. restaurants until in days shop, markets, we labor still at we portion and general Pie we've up the reported at not hiring close going to impact we're today now. X:XX, season have have I as as in least create basically, XX:XX force well.
And in Time at to Pie where at does as at keep on our store.
And other would go the And some challenges the we're like the terms is we open like all some our surplus a the we say, were of stay we significant and our week, did somewhat labor terminal. managers to of close where very back though had I'm Burger it employees. college in the to out in labor people employees kids got business. our market, Sunday, seasonal coffee for Sky, of to simply, struggling of service a night not loads the the of conversation to on performing That in not going the places North have we, seen of and very exist that is had ferry to fully at
that -- close our certainly we'll that close there, sandwiches the will own grow However, of at and sandwiches X:XX. sandwich breakfast out style we
we So down Grille there, excess some at in would report. of for which of turn the performed and $XXX,XXX, obviously But in those both Village When that in Bier somewhere X Keegan's on some of our those well profit the components area term X depreciation thought Garten. we of after in we there's losing I say, kind operating depreciation a basic locations. where depreciation certainly, amortization have the an of restaurants operating those disappointing after of level months of Seafood amount manner, and terms were we would to of of Florida, is through that's and money even we have restaurant and of business, the a amortization. the Both minute
all where certainly at. hold get And through costs you next we where pricing So of where our are commodity accountable can would digging at, in on our costs we I say, menu our the are the us at, terms of is process in as details the are of labor call.
And different Germany, in nobody does this a team of tables, outdoor So Garten a turning get a little there, any the it back on of us of very we animal. business negatively. our whether report lot every large you positively a garden, what what space. bit only day the all a bought it's I'm told picnic And aggressively weather been which We're it.
The locations has to capacity. traditional has to but were and obviously, -- because turning to I Bier our see to one assume at thought beer -- somewhat impact German if a for a you open give break down. look is like go retailer, Keegan's it's of going I can lot somewhat me. with might we where Village It's
which horn came certainly pandemic little So the some at out that better -- numbers. we're offset now. going weather then Sky fluctuations business, the in the certainly turning year the is to Cocoa, had, the our that's Bier And is figure food. the Pie performing also have than to bases to impact team just and the better of That's located than unbelievably expectation. business of Time it What competition in Burger year having fast Florida as Garten hurt out.
And by have strong really with this where rounding bit points to last our a
menu we've in the margins And maintain been costs. rising we've costs general, of able our there. in beef Now to face some kept
tend those to want familiar value be our in we've you probably history maintained with at to be as a go we the talk up the a are be of we anybody the just that.
We'll little try a competition, of bit terms provider. and As who priced than lower else, We and Burger of Time, looking equity in income fall bottom because Dave's. to statement. increasing our to we equity as competitors been have here just certainly pick Bagger want minute very in into increase price for I our of prices. portion, our aggressive get We a the
significant again, own XX.X% loss, in certainly of are it's Dave's you It's the up the for that the most loss loss of made most been, but depreciation. the a -- our as part, we Bagger Here and is, has -- aware, loss, noncash cash equity portion. and
share X-month If talked call which you the at the equity the the the related loss about our benefit at in XX-week the Bagger $XXX,XXX had the $XXX,XXX, of beginning that tax before to look loss. numbers, we and at numbers, Dave's of I
the friends, a business, and in our there from say, goal fixing is want stores also, one we in at priority look number to also debt a that -- our those if Michigan, Florida, return And you people of, had those the Ohio.
But as we've I and a three Indiana the that's and capital Bagger is, return. aside and high in over we really -- are in priorities And are way Dave's would aggressively which is principally in improve two ideas lot to generates big which and is pursuing industry a who good. then us, X priority, is to to have acceptable go X a, consistent steps have over different and number be: that's been the at tour that number as the the up probably -- both that results. of pretty for line aggressing reports working So Bagger Dave's a locations the stores have this are maybe in locations is groups we restaurant
very good others. properties Some They're down. are people The terms all with are like in But -- restaurants condition. of not better the in run decent. shape. are locations staffs interaction are the in than generally, They're the them. that in good new And are had reasonably the
we've Now with a the problem it, concept. Bagger is -- as assessed problem is with the really
XX% say effort, sales. and a average of calculator, those locations. able capacity own XX% all My And So do $X alternatives. multiply which different of million to Xx But get by we're have $X.X take that's a generate the anything, a of we to with patch-sheltered million -- process put and the cash reasonable Brands' other significant increase stores BT And million. building we're an it certainly, over $X.X in on almost view that is and and just it is we and X could That's bottom be in in let's if pretty we've Bagger pursuing sales concept, quick even obviously, discussed XX%, change million, financials be the could Dave's. those those the you you would line to to are those a locations. internally several that to and work would drops of who and inside we impact probably looked some it's we in we'll at that X
a to those we're some considering people we're is to half as So going we -- something But more and newer to year, I of exciting that's that get steps -- and reposition terms been regular with aggressive in think the consumers' as to what participate in all second take talking customer. doing try sort we're things. of again, and the locations of desire of we've the to
Dave's that excited So both solves and about I which allows the we that problem, that. the I'm Bagger cash of XX.X% BT to obviously at because think us pretty build company, actually, in public own
not and got toe I position. do So at take move that's We've a certainly, we a that to same, of cash where It's of put not the are Florida, work. to obviously, going the We're us. stores business. at. out strong as financial able and way put put some not but to kind water, what we're in opportunities. be our -- obviously like we'd look the where for also got see, rundown very we're a to -- I killing enviable think, our it's that to we And you advantage of ability weather forward mean, storm in stays doing us hopefully going roughly to the the look when to of we've
We with half to higher opportunity going available unless our an also we're interest to find see income interest advantage on second take know of cash that rates up, we a probably some balance.
fight I'm to Noble is to our excluded.
We proxy Gary included to would collect did you than to that probably went were the that going we we our for Board, some with our we that, That's hoped a and desire in be although going did, -- to publicly Noble through, change. votes in proxy and have which why going to said have opportunity outcome I'm think the investment was Copperud significantly Noble going add Gary as our change on and And because to interest the Indianapolis we could nominate we catalyst investments not on any although questions the know Certainly, got So the of plan. regarding and more it's details Roman's, not perhaps elect allowed go which We're in all bore our have with I be that year it. there's next current to time. I with in -- to we definitely guess, intention stay And said and press our multiple from directors our our investment. let things standpoint, to is in Gary influence not as Roman's, away. the to our words
before questions. do you So throw we anything open on add it Gary, to want to Noble the side
