One Group Inc. has demonstrated impressive growth following its acquisition of Benihana and RA Sushi, with Q3 revenue surging 152% YoY. The company has significantly improved its operational margins and achieved $19 million in synergy-driven cost savings. Despite strong financial performance and cash generation, the market continues to undervalue STKS compared to industry peers.
DENVER--(BUSINESS WIRE)--The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported preliminary sales results for the fourth quarter and full year ended December 31, 2024. Preliminary sales highlights for the fourth quarter 2024 compared to the same quarter in 2023 are as follows (the prior year quarter revenues exclude any contribution from the acquisition...
DENVER--(BUSINESS WIRE)--The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS), today announced the Company will host a fireside chat at the 27th Annual ICR Conference on Monday, January 13, 2025 in Orlando, FL at 11:00 am Eastern Time. The webcast can be accessed from the Investor Relations tab of The ONE Group's website at www.togrp.com under “News / Events”. About...
Upscale casual dining faces declining traffic and sales, but ONE Group Hospitality's strategic acquisitions and operational synergies position it for potential recovery. ONE's brands, including STK and Benihana, struggle with competition and discretionary spending shifts but show signs of improvement and potential growth. Despite a net loss and high interest expenses, ONE's positive operating c...
DENVER--(BUSINESS WIRE)--The ONE Group Hospitality, Inc. (Nasdaq: STKS) today announced the recent opening of the newest STK Steakhouse with beautiful views of Niagara Falls, on the Canadian side. Located at 6700 Fallsview Blvd., the new restaurant offers VIBE dining at its finest with incredible views and is situated within the Embassy Suites Hotel. The location offers elevated culinary curati...
DENVER--(BUSINESS WIRE)--The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS), today announced the Company will host a fireside chat at the Stephens Investment Conference (NASH2024) on Wednesday, November 20, 2024 in Nashville, TN at 1:00 pm Central Time. The webcast can be accessed from the Investor Relations tab of The ONE Group's website at www.togrp.com under “N...
The ONE Group Hospitality, Inc. (NASDAQ:STKS ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Tyler Loy - Chief Financial Officer Emanuel Hilario - President and Chief Executive Officer Conference Call Participants Mark Smith - Lake Street Capital Markets James Salera - Stephens Inc. Nick Setyan - Wedbush Securities Inc. Operator Greetings, and welcome to The ...
DENVER--(BUSINESS WIRE)--The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today announced that Emanuel “Manny” Hilario, President and Chief Executive Officer, and Tyler Loy, Chief Financial Officer, will host a conference call and webcast to discuss third quarter 2024 financial results on Thursday, November 7, 2024 at 4:30 PM ET. A press release containing the t...
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