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BBQ Holdings (BBQ Holdings) Operating Income : $9.0 Mil (TTM As of Jun. 2022)


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What is BBQ Holdings Operating Income?

BBQ Holdings's Operating Income for the three months ended in Jun. 2022 was $4.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2022 was $9.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. BBQ Holdings's Operating Income for the three months ended in Jun. 2022 was $4.5 Mil. BBQ Holdings's Revenue for the three months ended in Jun. 2022 was $79.9 Mil. Therefore, BBQ Holdings's Operating Margin % for the quarter that ended in Jun. 2022 was 5.60%.

BBQ Holdings's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BBQ Holdings's annualized ROC % for the quarter that ended in Jun. 2022 was 6.88%. BBQ Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was 15.98%.


BBQ Holdings Operating Income Historical Data

The historical data trend for BBQ Holdings's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BBQ Holdings Operating Income Chart

BBQ Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 6.14 -0.41 -7.29 7.47

BBQ Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.08 1.76 1.82 0.93 4.48

BBQ Holdings Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BBQ Holdings  (NAS:BBQ) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

BBQ Holdings's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

ROC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=17.916 * ( 1 - 19.11% )/( (186.6 + 234.753)/ 2 )
=14.4922524/210.6765
=6.88 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2022) data.

2. Joel Greenblatt's definition of Return on Capital:

BBQ Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=21.284/( ( (120.996 + max(-18.21, 0)) + (145.317 + max(-16.678, 0)) )/ 2 )
=21.284/( ( 120.996 + 145.317 )/ 2 )
=21.284/133.1565
=15.98 %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.188 + 3.281 + 5.99) - (13.869 + 10.643 + 6.157)
=-18.21

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.816 + 4.322 + 4.618) - (12.207 + 1.722 + 15.505)
=-16.678

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

3. Operating Income is also linked to Operating Margin %:

BBQ Holdings's Operating Margin % for the quarter that ended in Jun. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2022 )/Revenue (Q: Jun. 2022 )
=4.479/79.938
=5.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


BBQ Holdings Operating Income Related Terms

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BBQ Holdings (BBQ Holdings) Business Description

Traded in Other Exchanges
N/A
Address
12701 Whitewater Drive, Suite 100, Minnetonka, MN, USA, 55343
BBQ Holdings Inc operates restaurants, which offer full table service, feature wood-smoked and off-the-grill entree favorites that fit into the barbeque category. It has company-owned and franchise-operated restaurants in the United States, Canada, and the UAE and it operates within the industry segment of foodservice. Each restaurant features a selection of hickory-smoked and off-the-grill barbecue favorites, such as flame-grilled St. Louis-style and baby back ribs, Texas beef brisket, Georgia chopped pork, country-roasted chicken, and signature sandwiches and salads. Its restaurants offer side items, such as cornbread, potato salad, coleslaw, Shack Fries, and Wilbur Beans.
Executives
Kanen Wealth Management Llc 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Jeffrey Crivello director 12701 WHITEWATER DRIVE, SUITE 200, MINNETONKA MN 55343
Bryan Lowell Wolff director C/O FAMOUS DAVE'S OF AMERICA, INC., 12701 WHITEWATER DRIVE, SUITE 200, MINNETONKA MN 55343
Albert W. Hank officer: Chief Operating Officer 12701 WHITEWATER DRIVE #100, MINNETONKA MN 55343
Jason Schanno officer: Chief Financial Officer 643 2ND AVENUE NW, `FOREST LAKE MN 55025
Rachel Maga director 1815 EAST CARSON STREET, PITTSBURG PA 15203
Bandera Partners Llc 10 percent owner 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
David Kanen 10 percent owner, other: Passive Investor 6429 NW 65TH WAY, PARKLAND FL 33067
James Gerhard Gilbertson officer: CFO 3709 DUNBAR KNOLL, BROOKLYN PARK MN 55443
Pw Partners Atlas Fund Lp other: See Footnote 1 141 W. JACKSON BLVD., SUITE 1702, CHICAGO IL 60604
Peter O. Haeg director 12701 WHITEWATER DR, SUITE 190, MINNETONKA MN 55343
Richard S. Welch director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER STREET, LOS ANGELES CA 90071
Philotimo Fund, Lp 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Richard A Shapiro director C/O WEXFORD CAPITAL, 411 WEST PUTNAM AVE, SUITE 125, GREENWICH CT 06830
Wexford Focused Investors Llc director, 10 percent owner C/O WEXFORD CAPITAL LP, 411 WEST PUTNAM AVENUE, SUITE 125, GREENWICH CT 06830