THE ONE GROUP HOSP. (STKS)

DC Advisory
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ANNUAL – Per Yahoo/Finance

QUARTERLY – Per Yahoo/Finance

ENTERPRISE VALUE/TTM ADJUSTED EBITDA per Lipton Financial Services

In March 2024, the Company’s Board of Directors authorized a $5 million share repurchase program, although no shares were purchased during the first quarter of 2024.

Restaurant Development:

The Company intends to open eight to eleven new venues in 2024 consisting of three to four STKs, two to three Kona Grills, one to two Benihanas, one Salt Water Social and one RA Sushi. In March 2024, The Company opened a Company owned STK restaurant in Washington, DC.

There is currently one Company-owned STK restaurant, one Company-owned Kona Grill restaurant, one Company-owned Salt Water Social restaurant, and one Company-owned RA Sushi restaurant under construction in the following cities:

  • Owned STK restaurant in Aventura, Florida
  • Owned Kona Grill restaurant in Tigard, Oregon
  • Owned Salt Water Social restaurant in Denver, Colorado
  • RA Sushi restaurant in Plantation, Florida

2024 Targets

The Company is updating its 2024 targets, which are now inclusive of the acquisition of Benihana

ROGER’S REACTION TO ABOVE RECENT ANNOUNCEMENT:

https://www.liptonfinancialservices.com/2024/03/the-one-group-hospitality-stks-to-buy-benihana-our-quick-take-for-subscribers/

MOST RECENT CONFERENCE CALL TRANSCRIPT – Q1’24

The ONE Group Hospitality, Inc. (STKS) Q1 2024 Earnings Call Transcript _ Seeking Alpha