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The One Group Hospitality Inc (STKS) Q3 2024 Earnings Call Highlights: Record Revenue Surge ... [Yahoo! Finance]

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: Yahoo! Finance
Comparable Sales: Decreased 4.2% overall; STK down 11.1%, Kona Grill down 7.0%. Restaurant Operating Profit Margin: Increased 90 basis points to 13.2%. Adjusted EBITDA: $14.9 million, compared to $3.1 million in the prior year. Net Loss: $16 million, or $0.52 per share, compared to a net loss of $3.1 million last year. Cash and Short-term Credit Receivables: $36.2 million. Available Credit Facility: $34.1 million, undrawn. Store Closures: Closed four Raw Sushi locations. New Openings: Plan to open six new venues by the end of 2024. Warning! GuruFocus has detected 6 Warning Signs with STKS. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript The One Group Hospitality Inc ( NASDAQ:STKS ) reported a significant revenue increase of 152% to a record $194 million, driven by the acquisition of Benihana and RA Sushi. Restaurant operating profit improved by 90 basis points, with robust rest Show less Read more
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