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, Inc. owns and operates GEN Korean BBQ, a full-service Korean BBQ restaurant concept built around an extensive menu and a grill-at-the-table dining experience. Company news commonly covers financial results, conference calls, restaurant expansion, brand partnerships and operating updates tied to its casual dining footprint.
GENK announcements also focus on the company’s consumer packaged goods program, including ready-to-cook marinated meats, sauces, snacks, beverages and soju. Recurring retail themes include grocery, warehouse club, specialty beverage and experiential venue distribution for GEN-branded products.
GEN Restaurant Group (Nasdaq: GENK), owner of GEN Korean BBQ, announced the opening of its 13th Texas location in El Paso. This marks the company's 9th new restaurant opening in 2025, demonstrating strong expansion momentum in their growth strategy.
The new location at 1319-I George Dieter Dr is strategically positioned at the intersection of New Mexico and Mexico, allowing GEN to reach a broader customer base. The restaurant features the brand's signature "grill at your table" experience and will operate with extended hours on weekends.
GEN Restaurant Group (Nasdaq: GENK), owner of GEN Korean BBQ, has scheduled its second quarter 2025 earnings conference call for Wednesday, August 6, 2025, at 5:00 p.m. ET. The company will release its financial results for Q2 2025 ended June 30 prior to the call.
The conference call will be hosted by Chairman and CEO David Kim and CFO Tom Croal, featuring a Q&A session. Investors can join via phone or watch the live webcast through the company's website. A replay will be available until August 13, 2025.
GEN Restaurant Group (Nasdaq: GENK) has announced the opening of its 12th Texas location in Waco, marking the company's 8th new restaurant in 2025. The new GEN Korean BBQ restaurant, located at 2412 Creekview Dr., brings its signature "grill at your table" dining experience to the Waco community.
Strategically positioned near Baylor University, the location aims to serve both the local community and tourists. The restaurant operates from 11:00 am to 10:30 pm Sunday through Thursday, and extends hours until 11:00 pm on Friday and Saturday.
GEN Restaurant Group (NASDAQ: GENK) reported its Q1 2025 financial results, showing a 13% year-over-year revenue growth to $57.3 million. The company's restaurant-level adjusted EBITDA increased 6% to $9.0 million. Despite macroeconomic headwinds, same-store sales improved to a modest -0.7% decline from -5.6% in 2024.
The quarter saw significant expansion with six new locations opened, bringing the total to 49 stores across eleven states. GEN launched its first dual-concept location in Austin, combining GEN Korean BBQ with Kan Sushi. The company maintains its 2025 guidance of opening 12-13 new stores, including three in South Korea, and projects total revenue of $245-250 million. With $15.4 million in cash, no material long-term debt, and a $20 million available credit line, GEN is well-positioned for growth.
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.