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The ONE Group Hospitality, Inc. - $STKS STOCK NEWS

Welcome to our dedicated page for The ONE Group Hospitality news (Ticker: $STKS), a resource for investors and traders seeking the latest updates and insights on The ONE Group Hospitality 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 The ONE Group Hospitality'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.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of The ONE Group Hospitality's position in the market.

Rhea-AI Summary
STKS: The ONE Group Hospitality Reports Q3 2023 Financial Results with Total GAAP Revenues Up 5.3% to $76.9M. Comparable Sales Down 3.0% but Up 41.7% Compared to 2019. GAAP Net Loss of $3.1M. Plans to Open 5 Additional STK Locations in Next 6 Months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
-
Rhea-AI Summary
The ONE Group Hospitality, Inc. (Nasdaq: STKS) will host a conference call and webcast to discuss third quarter 2023 financial results on November 7, 2023. They will also participate in the Stephens Annual Investment Conference on November 16, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.26%
Tags
conferences earnings
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Rhea-AI Summary
The ONE Group Hospitality opens its third Kona Grill location in Arizona, offering an enhanced vibe dining experience and elevated menu offerings. The restaurant features elegant design elements and a $3, $6, $9 happy hour offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
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none
Rhea-AI Summary
STK Steakhouse opens its newest location in Charlotte, offering Vibe Dining experience with elevated culinary curations, cocktails, and live music.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.07%
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none
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Rhea-AI Summary
The ONE Group Hospitality, Inc. reported its financial results for Q2 2023, with total GAAP revenues increasing by 2.8% to $83.4 million. Consolidated comparable sales decreased by 4.7% compared to 2022, but increased by 46.5% compared to 2019. The company plans to open eight to twelve new venues in 2023 and targets a total addressable market of 200 STK restaurants globally and 200 Kona Grills domestically.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.79%
Tags
-
Rhea-AI Summary
The ONE Group Hospitality, Inc. will host a conference call and webcast to discuss second quarter 2023 financial results on August 3, 2023. A press release containing the financial results will be issued after market close.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
Tags
conferences earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
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none
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Rhea-AI Summary
The ONE Group Hospitality, Inc. announces the opening of its Kona Grill Riverton location in Utah, offering an enhanced Vibe Dining experience and elevated menu offerings. This is part of the company's expansion initiatives and long-term growth strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.85%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
Tags
conferences
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
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The ONE Group Hospitality, Inc.

Nasdaq:STKS

STKS Rankings

STKS Stock Data

167.15M
20.03M
16.23%
45.25%
6.22%
Food Service Contractors
Accommodation and Food Services
Link
United States of America
NEW YORK

About STKS

the one group develops and operates upscale, high-energy restaurants and lounges and provides one hospitality, a signature turn-key food and beverage service for hospitality venues including hotels, casinos and other high-end locations both nationally and internationally. stk is the primary restaurant brand in the one group portfolio. it’s a unique concept that artfully blends the modern steakhouse and a chic lounge into one, offering a dynamic, fine dining experience with the superior quality of a traditional steakhouse. stk distinguishes itself by emphasizing the social experience and taking a vibe-driven approach to fine dining. every venue has a dj to create an infectious, high-energy atmosphere and the sleek environment is designed to encourage guests to interact and mingle. ultimately, stk aims to define the modern dining experience complete with incredible food, world-class service and the perfect ambiance. stk rebel offers the same vibe-driven steakhouse with a slightly broader