Biglari Holdings 3Q sales, profit rise

Biglari Holdings Inc., parent to the Steak ‘n Shake and Western Sizzlin’ restaurant chains, said increased sales and the acquisition of Western Sizzlin’ helped to more than double its third-quarter profit.

For the quarter, Biglari Holdings reported a profit of $8.7 million, or $6.23 per share, compared to $3.8 million, or $2.65 per share, in the same quarter last year.

Latest-quarter revenue, which included sales from the Western Sizzlin chain that the company

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