Welcome to our dedicated page for GEN Restaurant Group news (Ticker: GENK), a resource for investors and traders seeking the latest updates and insights on GEN Restaurant Group stock.
GEN Restaurant Group (GENK) operates a distinctive Korean barbecue concept blending interactive dining with authentic flavors. This news hub provides investors and industry observers with centralized access to corporate developments, financial updates, and strategic initiatives shaping this innovative casual dining company.
Track official announcements including quarterly earnings, new location openings, menu innovations, and partnership agreements. Our curated collection features press releases directly from GENK alongside verified third-party analysis, offering complete context for market-moving developments.
Key coverage areas include operational expansions, culinary program enhancements, leadership updates, and industry trend responses. The resource serves both active traders monitoring short-term catalysts and long-term investors analyzing the company's market position in competitive casual dining.
Bookmark this page for streamlined access to GENK's evolving story, with updates organized chronologically for efficient research. Combine these timely updates with Stock Titan's financial tools for comprehensive market analysis.
GEN Restaurant Group (GENK), owner of GEN Korean BBQ, has scheduled its first quarter 2025 financial results conference call for Tuesday, May 13, 2025, at 5:00 p.m. ET. The company will release its financial results for the quarter ended March 31, 2025, via press release before the call.
The conference call will be hosted by Chairman and CEO David Kim and CFO Tom Croal, followed by a Q&A session. Investors can access the call through toll-free (1-844-825-9789) or international (1-412-317-5180) dial-in numbers using Conference ID 10199261.
A live webcast will be available, and a replay can be accessed through the company's website at www.genkoreanbbq.com. A telephonic replay will be accessible until May 20, 2025.
GEN Restaurant Group (GENK) has announced the opening of its first North Carolina location in Cary, marking the company's expansion into its eleventh state. The new restaurant, located at 232 Crossroads Boulevard, represents GEN's sixth new location in 2025.
The Cary location is strategically positioned near the Triangle region (Chapel Hill, Durham, and Raleigh), targeting a thriving metropolitan population. The restaurant features GEN's signature 'grill at your table' experience and all-inclusive, value-focused dining concept.
Operating hours are 11:00 a.m. to 10:30 p.m. Sunday through Thursday, and 11:00 a.m. to 11:00 p.m. on Fridays and Saturdays.
GEN Restaurant Group (GENK) has expanded its presence in Texas with a new GEN Korean BBQ location in Austin, which opened on March 12, 2025. The restaurant is situated in The Linc Shopping Center at 6406 N Interstate 35 Frontage Road and operates daily from 11:00 a.m. to 11:00 p.m.
This expansion follows the successful opening in Pflugerville in October 2024 and marks GEN's presence in all four major metropolitan areas of Texas. The company strategically chose Austin, recognized as one of America's top foodie destinations, to capitalize on the market's high demand for innovative dining experiences.
GEN Restaurant Group (GENK), owner of GEN Korean BBQ, has announced a significant stock repurchase program approved by its board of directors. The program authorizes the repurchase of up to $5.0 million worth of the company's outstanding Class A common stock.
The company will execute the buyback through various means, including open market transactions, block purchases, and privately negotiated transactions. The implementation will be facilitated through a Rule 10b5-1 trading plan, allowing stock repurchases during periods when the company might otherwise be restricted due to insider trading laws.
The timing, manner, and value of repurchases will be determined by multiple factors, including market price, economic conditions, and business considerations. The program can be suspended or discontinued at any time and does not obligate the company to acquire any specific number of shares.
GEN Restaurant Group (GENK) reported strong financial results for Q4 and full year 2024. Total revenue grew 21.2% year-over-year to $54.7 million in Q4 and increased 15.1% to $208.4 million for 2024, exceeding company guidance. The company achieved restaurant-level adjusted EBITDA margins of approximately 18% for 2024.
Key highlights include: opening nine new locations since March 2024, launching international expansion into South Korea with two planned locations in 2025, and initiating a successful Costco gift card program. The company maintains a strong financial position with $23.7 million in cash and no material long-term debt.
However, comparable restaurant sales decreased 4.8% in Q4 2024 compared to the same period last year. The Board approved a $5 million stock buyback program, and Q1 2025 is showing positive momentum with comparable restaurant sales increasing 1% through February.
GEN Restaurant Group (Nasdaq: GENK), owner of GEN Korean BBQ, has scheduled its Fourth Quarter and Full Year 2024 earnings conference call for Thursday, March 6, 2025, at 5:00 p.m. ET. The financial results will be released via press release before the call.
Chairman and CEO David Kim and CFO Tom Croal will host the call, which will include a Q&A session. The conference call details include:
- Toll-free dial-in: 1-844-825-9789
- International dial-in: 1-412-317-5180
- Conference ID: 10196747
The call will be webcast live and available for replay through the company's website at www.genkoreanbbq.com. A telephonic replay will be accessible until March 13, 2025, using toll-free (1-844-512-2921) or international (1-412-317-6671) numbers with Replay ID 10196747.
GEN Restaurant Group (GENK) has announced the opening of a new GEN Korean BBQ location in San Antonio, Texas, marking its third restaurant opening in January 2025. The San Antonio venue represents the company's sixth Texas location and follows recent successful launches in Edison, New Jersey, and Orlando, Florida.
The new restaurant is situated in the Huebner Oaks Shopping Center and operates daily from 11:00 a.m. to 11:00 p.m. The expansion capitalizes on San Antonio's established barbecue culture, offering the company's signature 'grill at your table' dining experience. Chairman and CEO David Kim highlighted the strong performance of existing Texas locations as a key factor in choosing San Antonio for expansion.
GEN Restaurant Group (GENK) announced the opening of two new locations in Q1 2025 - its first restaurant in Edison, New Jersey, and a third Florida location in Orlando. The Edison location is situated in Festival Plaza, while the Orlando restaurant is located in Waterford Lakes Town Center.
The expansion into New Jersey targets a market known for its cultural diversity and culinary scene, while the Orlando location aims to capitalize on the city's status as a global tourist destination with millions of visitors. Both locations will feature GEN's signature 'grill at your table' concept and extensive menu offering authentic Korean barbecue with a modern twist.
The Edison location operates Monday to Thursday from 11:00 a.m. to 10:30 p.m. and Friday to Sunday from 11:00 a.m. to 11:00 p.m. The Orlando restaurant is open Sunday to Thursday from 11:00 a.m. to 10:30 p.m. and Friday to Saturday from 11:00 a.m. to 11:30 p.m.
GEN Restaurant Group (GENK) announced a significant leadership change as Co-Founder Jae Chang stepped down as Co-CEO, effective January 8, 2025. Chang will continue to serve on the Company's board while Chairman and Co-CEO David Kim assumes the role of sole CEO. GEN Korean BBQ, known for its casual dining concept and 'grill at your table' experience, was co-founded by Chang and Kim in 2011.
Chang expressed pride in the company's accomplishments since its founding, while Kim emphasized the company's commitment to building upon their established foundation and executing their growth strategy with their experienced team.
GEN Restaurant Group (GENK) reported Q3 2024 financial results with total revenue increasing 7.8% to $49.1 million compared to Q3 2023. The company maintained restaurant-level adjusted EBITDA margin above 18% of revenue, while net income was $0.2 million or $0.01 per diluted share. Comparable restaurant sales decreased 9.6%. The company opened one new location during Q3 and two more in October 2024, maintaining its expectation to open 10-11 new locations in 2024. Cash and cash equivalents stood at $22.1 million. The company also launched gift cards at participating Costco locations within five miles of most regions across the U.S.
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