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GEN Restaurant Group, Inc. - $GENK STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GEN Restaurant Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

GEN Restaurant Group, Inc., the owner of GEN Korean BBQ, will hold a conference call on May 14, 2024, to discuss its financial results for the first quarter of 2024. Co-CEO David Kim and CFO Tom Croal will host the call, followed by a Q&A session.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
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-
Rhea-AI Summary
GEN Restaurant Group, Inc. announced financial results for Q4 and year ended December 31, 2023. Revenue increased by 10.4% to $45.1 million in Q4 2023. However, comparable restaurant sales decreased by 1.7% compared to the same period in 2022. Net income was $(0.2) million for Q4 2023. For the full year 2023, revenue was $181.0 million, with comparable restaurant sales increasing by 0.6%. Adjusted EBITDA was $18.8 million for 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.57%
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Rhea-AI Summary
GEN Restaurant Group, Inc. (GENK) to host a conference call to discuss fourth quarter and full year 2023 financial results. The call will feature Co-CEO David Kim and CFO Tom Croal. Investors can access the call via phone or webcast on March 6, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.17%
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Rhea-AI Summary
GEN Restaurant Group, Inc. (GEN) announced Q3 2023 financial results, with a 7.4% revenue increase to $45.6 million. However, comparable restaurant sales decreased 1.2%. The company opened new restaurants, and 12 leases signed for future locations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.31%
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Rhea-AI Summary
GEN Restaurant Group, Inc. will host a conference call on November 14, 2023, to discuss their Q3 2023 financial results. A press release will be issued after the market close. Investors can access the conference call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.39%
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Rhea-AI Summary
GEN Restaurant Group to participate at The Benchmark Consumer 1x1 Conference on September 7, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.35%
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none
Rhea-AI Summary
GEN Restaurant Group Inc. (Nasdaq: GENK) reports a 10.1% revenue increase to $46.5 million in Q2 2023, with 1.4% growth in comparable restaurant sales. The Company completed its IPO, raising approximately $46.2 million, and opened three new restaurants, including its first in Florida. The financial results reflect a positive trajectory for GEN's growth strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.07%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.27%
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GEN Restaurant Group, Inc.

Nasdaq:GENK

GENK Rankings

GENK Stock Data

43.77M
3.34M
1.23%
76.54%
2.93%
Food Service Contractors
Accommodation and Food Services
Link
United States of America
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