Our Opinion

Biglari Holding’s is on the Cruelty Free Investing use of animals list because of its largest fully owned company, Steak ‘n Shake serves food made from beef, fish, pork, dairy, eggs and other animal products.

Evidence:

Biglari Holdings 2016 Annual Meeting Notes: Steak ‘n Shake have no current plans to switch to cage free eggs. When making decisions on supplies we follow customer demand and US laws. Customers have not yet demanded that we switch to cage free, so we will continue to source from the cheapest sources of quality eggs.

The Humane Society of the United States has set its sights on Biglari Holdings, the investment firm that owns Steak ’n Shake, saying it has ignored requests to adopt animal welfare methods like its competitors have. Read the full article.

Company Description

Biglari Holdings, Inc. is a diversified company, which engages in various business activities, including media, property and casualty insurance, and restaurants. It operates through the Operating Businesses or Restaurants Operations and Investments segments. The Restaurant Operations segment activities are conducted through two restaurant concepts operated by subsidiaries Steak n Shake Inc. (Steak n Shake) and Western Sizzlin Corporation (Western). The company was founded by Sardar Biglari in 2008 and is headquartered in San Antonio, TX. [source: MarketWatch]

Website: http://www.biglariholdings.com