business
Burger chain P. Terry’s eyes more San Antonio stores as it bets on employee ownership
By Kat McKinney at San Antonio Current (alt-weekly)
· June 30, 2026
· 1 min read
Austin-based burger chain P. Terry’s is shifting to an Employee Ownership Trust, or EOT, and rolling out profit sharing, in a move its leaders say will improve worker retention and support plans to expand beyond its five existing stores in San Antonio . The EOT structure — rare in the United State...
Key takeaway Terry’s is shifting to an Employee Ownership Trust, or EOT, and rolling out profit sharing, in a move its leaders say will improve worker retention and support plans to expand beyond its five existing stores in San Antonio.
Why this matters in The San Antonio
P. Terry's expansion plans in San Antonio could bring new jobs and economic growth to the city, particularly if the employee ownership model proves successful in boosting worker retention. With five existing stores already, the burger chain has established a presence in the local market, and additional locations could help fill gaps in underserved areas. The use of an Employee Ownership Trust, a rare structure in the US, may also attract workers who value the potential for profit sharing and a stake in the company's success. As P. Terry's moves forward with its expansion, San Antonio residents can watch for potential new store locations and job openings, as well as the impact of the employee ownership model on the local workforce. The success of this approach could also influence other local businesses to consider similar models, potentially shaping the city's employment landscape.
About this story
Original reporting by San Antonio Current (alt-weekly) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit San Antonio Current (alt-weekly) . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: June 30, 2026 ·
Source: San Antonio Current (alt-weekly) ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Austin-based burger chain P. Terry’s is shifting to an Employee Ownership Trust, or EOT, and rolling out profit sharing, in a move its leaders say will improve worker retention and support plans to expand beyond its five existing stores in San Antonio. The EOT structure — rare in the United State...
When was this published? This article was first published on June 30, 2026 by San Antonio Current (alt-weekly) and curated for The San Antonio readers.
Who reported this story? This story was reported by Kat McKinney at San Antonio Current (alt-weekly). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The San Antonio, or browse our daily briefing and topic hubs .
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