The Steak n Shake Company Announces Fiscal Second Quarter 2007 Earnings Conference Call

INDIANAPOLIS, May 2  /PRNewswire-FirstCall/ -- The Steak n Shake Company (NYSE:SNS) today announced that the Company will release its fiscal second quarter 2007 results after the market close on Wednesday, May 9, 2007, to be followed by a conference call at 5:00 p.m. (Eastern Time) or 4:00 p.m. (Central Time).  Hosting the call will be Peter Dunn, President and Chief Executive Officer, and Jeffrey A. Blade, Senior Vice President and Chief Financial Officer.

The call can also be accessed live over the phone by dialing [phone], or for international callers, [phone].  A replay will be available one hour after the call and can be accessed by dialing [phone], or for international callers, [phone].  The passcode for the replay is 6374264.  The replay will be available until May 16, 2007.

Interested investors and other parties may listen to a simultaneous webcast of the conference call by logging onto the Company's website at http://www.steaknshake.com/.  The on-line replay will be available for a limited time immediately following the call.

About Steak n Shake

Steak n Shake is a full service, casual dining restaurant serving a core menu of its famous STEAKBURGER(TM) sandwiches, thin 'n crispy french fries, old fashioned hand-dipped milk shakes, chili, home style soups, fresh salads, a variety of desserts and breakfast.  All of the food is prepared to the guest's order and served by friendly, well-trained associates.  Steak n Shake restaurants feature full-service dining areas, counter service and drive-thru windows and are open 24 hours a day, seven days a week.

This press release contains forward-looking information. In general, forward-looking statements include estimates of future revenues, cash flows, capital expenditures, or other financial items, and assumptions underlying any of the foregoing. Forward-looking statements reflect management's current expectations regarding future events and use words such as "anticipate," "believe," "expect," "may," "will," and other similar terminology. These statements speak only as of the date they were made and involve a number of risks and uncertainties that could cause actual results to differ materially from those expressed in forward-looking statements. Several factors, many beyond our control, could cause actual results to differ significantly from our expectations, such as the following: effectiveness of operating initiatives; changes in economic conditions; effectiveness of advertising and marketing initiatives; harsh weather conditions, primarily in the first and second quarters; availability and cost of qualified restaurant personnel; changes in consumer tastes; changes in consumer behavior based on publicity or concerns relating to food safety or food-borne illnesses; effectiveness of our expansion plans; changes in minimum wage rates; changes in food commodity prices; completion of merger or acquisitions and successful integration of those transactions; and changes in applicable accounting policies and practices. The foregoing list of important factors is not intended to be all- inclusive as other general market, industry, economic, and political factors may also impact our operations. Readers are cautioned not to place undue reliance on our forward-looking statements, as we assume no obligation to update forward-looking statements. 

DATASOURCE: The Steak n Shake Company



CONTACT:  Jeffrey A. Blade, Senior Vice President & CFO, Finance and

Investor Relations of Steak n Shake, [phone]



Web site:  http://www.steaknshake.com/ 

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