$1.670
+0.010 (+0.60%)At close
STKS News
STKS Events
Sees FY26 Adjusted EBITDA of $95M-$105M
Sees FY26 adjusted EBITDA $95M-$105M
Sees Adjusted EBITDA of $12M to $15M
Sees adjusted EBITDA $12M-$15M
The ONE Group Reports 3.2% Sales Growth in Q2
"Our second quarter results underscore the momentum we are building across the portfolio, driven by the continued strength of our Vibe Dining brands. Consolidated comparable sales were positive, with positive transaction growth across all segments. STK posted a strong comparable sales performance of 3.2%. We completed the relocation of our STK Downtown New York restaurant from Little West 12th to 15th Street, with the restaurant having been closed for most of the second quarter due to the transition," said Emanuel "Manny" Hilario, President and CEO of The ONE Group.
STK Steakhouse Opens New Location in Downtown Phoenix
STK Steakhouse has officially opened its downtown Phoenix location, "bringing the brand's signature "vibe dining" experience to the center of one of the country's fastest-growing cities," the company said.
The ONE Group Q1 Revenue $212.82M, Below Consensus
Reports Q1 revenue $212.82M, consensus $218.44M. "Our first quarter demonstrates strong continued momentum. We achieved positive comparable sales for the second quarter in a row at our flagship STK brand and saw substantial expansion in restaurant margins. STK's 1.4% comparable sales growth and Benihana's stable performance highlight the resilience of our distinctive Vibe Dining experience in a challenging consumer market. Our focused operational improvements - including food and beverage cost controls, menu refinement, integration synergies, and supply chain optimization - delivered a 100 basis point margin improvement overall. This is driven by impressive gains of 280 basis points at STK and 130 basis points at Benihana. With beef pricing secured through September 2026 and a strong operational foundation in place, we are confident in our ability to deliver on our full-year 2026 financial guidance," said Emanuel "Manny" Hilario, President and CEO of The ONE Group.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.