Four companies led Scoreboard in 2024 in stock gains, both by overall dollar amount and percentage.
Percentage-wise, Brinker International led the group with a 206 percent price increase, followed by Regis Corp. at 151 percent and Biglari Holdings at 54 percent.
Biglari Holdings was the leader in 2024 for its actual stock price increase, as it rose by $89.36 to reach $257.
Behind Biglari was Brinker, up $86.11 to reach $132.47, and Marriott International up $53.43 to $283.66.
Biglari is the parent company of Steak ‘n Shake, a burger chain with more than 450 locations. While its performance in 2024 was strong, Biglari experienced a slight 8 percent decline to start the year, closing at $233.07 on January 8.
Brinker, meanwhile, has a portfolio including Chili’s, Maggiano’s Little Italy and It’s Just Wings. The gains in 2024 for Brinker brought the company to a new benchmark, with the previous stock high point coming in March 2021 at $73.11. The closing price had a small gain since the start of the year, increasing 1 percent to $133.99.
In a quarterly report press release, leadership attributed the success in 2024 to menu pricing and higher traffic at Chili’s.
Though Regis Corp. had the second-highest percentage increase, the brand still reported some struggles last year. In the first quarter of fiscal year 2025 ending September 30, the brand reported a same-store sales decline of 1.1 percent. Consolidated revenue was also lower, coming to 46.1 million, down from $53.4 million in the first quarter of 2024.
Still, the company, which owns concepts such as Supercuts, Cost Cutters and Regis Salons, experienced a stock increase from $9.08 at the start of 2024 to a closing price of $22.95.
For Marriott International, the price increase was reflected in positive numbers in its report for the third quarter of 2024. Comparable systemwide revenue per room increased 3 percent compared to quarter three 2023, and net income was $638 million, up from $634 million. Adjusted EBITDA also rose in the third quarter from $1.14 million to $1.22 million.
“Marriott had another solid quarter, highlighted by strong net rooms and fee growth, robust development activity and a 3 percent increase in global RevPAR,” or revenue per available room, Marriott CEO Anthony Capuano said in a release.
“Our business momentum is excellent and we continue to evolve our business to support our numerous global opportunities.”
