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0 0 0.00387596899224815 0.00387596899224815 0.00968992248062012 -0.00387596899224798 -0.0174418604651163 -0.0174418604651163
Stock impact report

The ONE Group (STKS) Stock Trades Down, Here Is Why [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
Shares of upscale restaurant company The One Group Hospitality (NASDAQ:STKS) fell 10.1% in the afternoon session after the company reported mixed fourth quarter results: its EPS and full-year EBITDA guidance fell short. On the other hand, The ONE Group beat analysts' revenue and EBITDA expectations, and its full-year revenue guidance outperformed Wall Street's estimates. The key highlight for the quarter was the sharp sales growth, which surged 147% year on year, largely due to the Benihana and RA Sushi acquisitions. Despite this, comparable sales for existing restaurants declined by 4.3%. Overall, while the quarter showcased strong top line expansion, underlying challenges in organic growth and rising costs presented hurdles that the company must navigate. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy The ONE Group? Access our full analysis report here, it's free What The Market Is Show less Read more
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