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Stock impact report

The ONE Group Announces Preliminary Fourth Quarter and Full Year 2019 Sales Results

The ONE Group Hospitality, Inc. (STKS) 
Last the one group hospitality, inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.togrp.com
Company Research Source: Business Wire
STK Same Store Sales for Fourth Quarter Increase 9%Kona Grill Same Store Sales for Fourth Quarter Increase 4%Company to Present at 22nd Annual ICR Conference on January 14th DENVER--(BUSINESS WIRE)--The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today announced preliminary sales for the fourth quarter and full year ended December 31, 2019. The Company also announced its participation at the 22nd Annual ICR Conference next week.Preliminary sales highlights for the fourth quarter ended December 31, 2019 are as follows:Total GAAP revenues are expected to be approximately $52 million, an approximate increase of 102% from $25.8 million for the same quarter last year;Comparable sales* at owned and managed STK Restaurants rose 8.9% from the same quarter last year; andSales for Kona Grill were $24.0 million for the quarter, stronger than initially expected for the period. Comparable sales at Kona Grill restaurants rose 3.9% from the same quarter last year Show less Read more
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