Twin Hospitality Stock Price, News & Analysis

Twin Hospitality Group (Nasdaq: TWNP) announces the opening of a new Twin Peaks lodge in Fayetteville, North Carolina, marking its 115th location brandwide. The 8,200-square-foot sports lodge, located at 1891 Skibo Road, represents the company's third Smokey Bones conversion, a strategic approach enabling faster market entry with lower build-out costs.

The new location, operated by franchise group Music City, LLC, will feature 70 TVs, 32 beers on tap, and is creating over 100 new jobs. Set to open in Q4 2025, this marks Twin Peaks' second North Carolina location, reinforcing the company's expansion strategy that combines operational efficiency with its hospitality-driven model.

Twin Peaks Restaurant (NASDAQ:TWNP) has launched its first nationwide online fantasy football draft party reservation system. Through September 4, 2025, league commissioners can book tables and receive exclusive perks including draft kits, food and drink specials, and kickback cards.

The promotion offers a $50 kickback card for commissioners and $5 kickback cards for guests, valid for food purchases from September 5 to December 31, 2025. Additionally, guests will have the opportunity to win $1,000 in cash throughout the football season.

Twin Hospitality Group (NASDAQ: TWNP) reported challenging fiscal Q2 2025 results, with total revenue declining 4.1% to $87.8 million compared to $91.6 million in the prior year. The company posted a net loss of $20.8 million, significantly wider than the $10.7 million loss in Q2 2024.

New CEO Kim Boerema outlined six strategic priorities focusing on operational fundamentals, cost reduction, and menu optimization. While Twin Peaks system-wide sales showed a modest 0.3% increase, same-store sales declined 4.4%. Restaurant contribution margin was 11.8%, with Twin Peaks at 17.7% and Smokey Bones at 4.9%.

The company's development pipeline includes a new franchised location in Fayetteville, North Carolina, and two company-owned conversions planned for early 2026. With nearly 100 signed franchise agreements, TWNP maintains confidence in its expansion strategy through new builds and conversions.

Twin Hospitality Group (NASDAQ: TWNP), operator of Twin Peaks and Smokey Bones restaurant brands, will release its Q2 2025 financial results on July 30, 2025. The company will host an earnings conference call at 5:15 PM ET, led by CEO Kim Boerema and CFO Ken Kuick.

Twin Hospitality operates 165 restaurants across two brands: Twin Peaks, an ultimate sports lodge concept with 114 locations across 27 states and Mexico, and Smokey Bones, a meat-centric restaurant brand with 51 locations in 16 states. The earnings call will be accessible via phone and webcast, with replay available until August 13, 2025.

Twin Hospitality Group Inc. (NASDAQ: TWNP), the parent company of Twin Peaks Restaurant, announced its participation in Noble Capital Markets' Emerging Growth Virtual Equity Conference on June 4, 2025. The presentation is scheduled for 4:00 PM EST, with opportunities for 1x1 meetings with management available for qualified investors. Twin Peaks, founded in 2005, operates 116 locations across the U.S. and Mexico as a sports-themed casual dining restaurant chain. The company focuses on made-from-scratch food and cold beer service in a sports lodge atmosphere. The presentation will be available for 90 days on both the company's website and Channelchek.com.

Twin Hospitality Group Inc. (NASDAQ: TWNP) has appointed Kim Boerema as its new Chief Executive Officer, effective immediately. Boerema brings over 30 years of industry experience in scaling restaurant operations. He most recently served as President and COO of Parry's Pizzeria & Taphouse, where he expanded the concept from 10 to approximately 30 units in 2.5 years.

Boerema's previous roles include CEO of Iron Hill Brewery and Restaurant, COO of California Pizza Kitchen, and Regional VP at Texas Roadhouse, where he managed 125 units across 22 states. Twin Peaks, founded in 2005, currently operates 116 locations across the U.S. and Mexico, with a pipeline of 100 new lodges planned. The company positions itself as an ultimate sports lodge featuring made-from-scratch food and experiential dining.

Twin Hospitality Group (NASDAQ: TWNP) reported mixed Q1 2025 financial results. Total revenue decreased 5.4% to $87.1 million compared to Q1 2024, while system-wide sales declined 3.5%. The company reported a net loss of $12.1 million, wider than the $9.2 million loss in the prior year. Despite headwinds, Twin Peaks' system-wide sales grew 5% to $146.3 million, with alcohol comprising nearly 50% of restaurant revenue. The company opened two new locations, including a Smokey Bones conversion in Brandon, Florida, and a franchised location in Algonquin, Illinois, bringing the total to 116 locations. Due to construction delays, Twin Peaks revised its new unit opening plan to 3-4 units for the year. The company maintains a robust development pipeline with 100 franchise agreements, including a new five-unit deal for South Dakota and Montana expansion.

Twin Hospitality Group Inc. (NASDAQ: TWNP) has scheduled its first quarter 2025 financial results conference call for May 8, 2025, at 6:00 PM ET. The call will be hosted by Ken Kuick, who serves as both Interim CEO and CFO. Investors can access the call by dialing 1-877-407-0792 (U.S.) or 1-201-689-8263 (international).

Twin Hospitality operates two specialty casual dining brands: Twin Peaks, an ultimate sports lodge concept with 116 locations across 27 states and Mexico, and Smokey Bones, a meat-centric restaurant focusing on ribs and smoked meats. The company aims to redefine the casual dining category through its experiential-driven approach.

Twin Hospitality Group (Nasdaq: TWNP) announced a significant leadership transition as CEO Joe Hummel and Chief Legal Officer Clay Mingus will depart effective April 10, 2025, to pursue other opportunities. Ken Kuick, the current CFO, has been appointed Interim CEO, while Allen Sussman from FAT Brands Inc. will serve as Interim Chief Legal Officer.

Both departing executives played important roles in the company's growth over the past 14 years, including its successful IPO. Despite the leadership changes, Twin Peaks maintains its expansion plans, having opened two new lodges in 2025 with plans to add approximately seven to nine additional units this year. The company currently boasts a development pipeline of over 100 units.