BT BRANDS INC (BTBD)
NASDAQConsumer DiscretionaryRestaurantsSnapshot 2026-09-04
$1.82+6.43%
Close 2026-09-04 · 1-day change
NASDAQConsumer DiscretionaryRestaurantsSnapshot 2026-09-04
QuarterlyIQ Insights · BTBD
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -5.0% |
| Our one-year growth estimate | diamond | 1.0% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 6.1 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of — · Company calendar date is not available
BTBD — CFO transition
Dated 2026-06-01
Chief Financial Officer and Director — Kenneth Brimmer: Kenneth Brimmer resigned from his positions as a member of the Board of Directors and Chief Financial Officer without a named successor.
Why it matters: A new CFO could bring fresh strategies to improve financial performance. This change could stabilize management and boost investor confidence.
Supportive ifAnnouncement of a new CFO with relevant experience.
Worry ifNo new CFO appointed by the next earnings call.
Why it matters: The company is now focused on new partnerships to enhance shareholder value. This shift is crucial for future growth.
Supportive ifLook for a new partnership or merger deal in the next quarter.
Worry ifNo new partnerships or M&A announcements in the next quarter.
Why it matters: Stable cash flow is important for funding operations and future growth.
Supportive ifPositive cash flow from operations is reported for two quarters in a row.
Worry ifCash flow from operations turns negative again in the next quarter.
Why it matters: Higher operating income means better control of costs. This is key for recovery.
Supportive ifOperating income is trending up after recent drops.
Worry ifOperating income keeps going down or stays negative.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$182 on $10,000 · ±1.8% | How much price usually moves either way. |
| Bad day | $857 loss on $10,000 · 8.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,478 loss on $10,000 · 54.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: The CFO's exit could disrupt plans to improve profitability and cash flow. Investors will want to see if the company can maintain its focus on financial health.
Worry ifA new CFO will be appointed in the next quarter. This shows stability in financial leadership.
Less concerning ifNo new CFO will be appointed in the next quarter. This leads to uncertainty in financial strategy.
Why it matters: New M&A activity could signal a renewed focus on growth. It may indicate that the company is ready to pursue strategic partnerships.
Supportive ifAnnouncement of a new M&A deal or partnership.
Worry ifNo new M&A activity announced in the next quarter.
Why it matters: Better operating income shows that BT Brands is getting better. It is working more efficiently.
Supportive ifQ2 2026 operating income is better than the negative $(232.8) million from Q1 2026.
Worry ifOperating income stays negative or gets worse compared to Q1 2026.
Why it matters: New partnerships could create growth opportunities. They may help offset recent revenue declines.
Supportive ifManagement announces a new partnership. This could help increase revenue.
Worry ifIf no new partnerships are announced, growth challenges will continue.
Why it matters: With the Aero Velocity merger off, new partnerships could be crucial for growth. Investors will look for signs of new deals that enhance shareholder value.
Supportive ifA new partnership was announced. It fits the company's focus on technology and infrastructure.
Worry ifNo new partnerships are announced in the next six months. This shows a slowdown in growth efforts.
Why it matters: New partnerships could signal a shift in strategy after the CFO's exit.
Supportive ifAnnouncement of a new strategic partnership that aligns with growth goals.
Worry ifNo new partnerships or plans announced after the CFO left.
Why it matters: Positive revenue growth could mean the company is turning around. It shows that management's focus on stable revenue is starting to work.
Supportive ifQ2 revenue growth reported as positive year over year.
Worry ifQ2 revenue continues to decline year over year.
Why it matters: Management wants to find new ways to increase value for shareholders. They ended the Aero Velocity merger.
Supportive ifA new partnership or acquisition that supports growth goals is announced.
Worry ifNo new partnerships or plans are announced in the next quarter.
Why it matters: Stable revenue growth would show better market conditions. It would also show good management.
Supportive ifRevenue growth reported as stable or increasing compared to Q1 2026.
Worry ifRevenue declines further in Q2 2026.
Why it matters: Better cash flow would help the company invest in growth and manage debts.
Supportive ifPositive cash flow reported for Q2 2026.
Worry ifContinued negative cash flow reported for Q2 2026.