Twin Hospitality Group Inc.

Twin Hospitality Group Inc. operates as a franchisor and operator of two distinct casual dining restaurant concepts: Twin Peaks and Smokey Bones. As of December 29, 2024, the company's total restaurant network comprises 170 restaurants. This includes 74 domestic franchised Twin Peaks restaurants, seven international franchised Twin Peaks restaurants in Mexico, 34 domestic company-owned Twin Peaks restaurants, and 55 domestic company-owned Smokey Bones restaurants. In fiscal 2024, system-wide sales across all franchised and owned locations reached $731.6 million, with Twin Peaks restaurants contributing $573.4 million and Smokey Bones restaurants contributing $158.2 million. The company has a pipeline of over 100 signed franchised units as of December 29, 2024. For anticipated new restaurant openings, the company aims for approximately 75% to be franchised. Twin Peaks, established in 2005 in Dallas, Texas, is a sports lodge-themed restaurant chain. It offers made-from-scratch food, 29-degree draft beer, and cocktails, with sports displayed on numerous televisions within a rugged lodge atmosphere. The food menu includes items like seared-to-order burgers, hand-breaded chicken wings, New York strip steak, in-house smoked ribs, and street tacos. Twin Peaks restaurants are designed with a mountain lodge aesthetic, featuring wood tones, comfortable seating, and spacious tables. Each Twin Peaks location typically has between 60 and 100 television setups for sports programming and pay-per-view events.