The ONE Group Hospitality, Inc. reports news as an international restaurant and hospitality management company built around upscale and polished casual dining, high-energy restaurants and lounges, and turnkey food and beverage services for hotels, casinos, and other venues. Its recurring updates cover brands and operations such as STK, Benihana, Benihana Express, RA Sushi, Kona Grill, Samurai, Grill Concepts, and ONE Hospitality.
Company news commonly centers on quarterly financial results, comparable sales, restaurant operating profit, cost of sales, cash flow, debt reduction, and capital spending. Development updates also cover restaurant openings, conversions within the Grill portfolio, franchise and asset-light agreements, professional sports and entertainment stadium activity, and integration of Benihana following its 2024 acquisition.
The ONE Group (NASDAQ: STKS) reported Q4 and full-year 2025 results. Q4 GAAP revenue fell 6.7% to $207 million; full-year GAAP revenue rose 19.7% to $806 million. GAAP net loss widened to $92 million for 2025 largely from a $69 million tax valuation allowance and impairments. Company introduced 2026 targets: revenue $840–$855M and Adjusted EBITDA $100–$110M, and outlined portfolio optimization including Grill closures, conversions, and franchise development.
The ONE Group Hospitality (Nasdaq: STKS) will host a conference call and webcast on March 13, 2026 at 8:30 AM ET to discuss fourth quarter and fiscal 2025 results.
Executives Emanuel “Manny” Hilario (CEO) and Nicole Thaung (CFO) will lead the call. A press release with results will be issued after market close on the same day.
Live dial-in: 412-542-4186. Replay: dial 412-317-6671 with passcode 10206228 through March 27, 2026. Webcast via the Investor Relations tab at http://www.togrp.com/ under "News / Events".
The ONE Group (Nasdaq: STKS) reported preliminary 2025 sales: full-year GAAP revenues ~ $805M, a 20% increase versus $673M in 2024, primarily driven by the May 2024 Benihana acquisition. Full-year comparable sales are expected to decline ~3.7%. Fourth-quarter 2025 preliminary GAAP revenues are expected to be ~$207M, down 6.8% year-over-year; Q4 comparable sales are expected down ~1.8%. The company cites portfolio optimization (Grill closures) and a fiscal calendar timing shift as material headwinds. The company announced openings, conversions, and its largest asset-light development agreement for 10 Benihana/Benihana Express locations in the Greater San Francisco Bay Area and will prioritize capital-efficient growth in 2026.
The ONE Group (Nasdaq: STKS) reported multiple Q4 2025 development milestones focused on capital-efficient, asset-light growth. Key actions include a 10-restaurant asset-light development agreement for the Greater San Francisco Bay Area (three Benihana franchise, two Benihana joint venture, five Benihana Express licensed), two new Company-owned STK openings (Scottsdale opened Oct 2025 at ~$1.0M conversion; Oak Brook opened Dec 2025 at ~$1.5M), renewed and new stadium concessions (Mortgage Matchup Center renewal; new Benihana at UBS Arena), launch of Benihana-branded Teriyaki Crispy Chicken Chips, and a 2026 plan prioritizing reduced discretionary capex, focusing on openings under $1.5M and converting up to nine Kona Grill/RA Sushi sites at ~$1.0M each.
The ONE Group (NASDAQ: STKS) reported third-quarter 2025 results on November 6, 2025. Total GAAP revenues were $180.2 million, down from $194.0 million year-over-year. GAAP net loss attributable widened to $76.7 million, driven by a $59.1 million income tax expense and a $64.0 million non-cash valuation allowance. Adjusted EBITDA fell to $10.6 million from $14.9 million. The company recorded a $3.4 million non-cash impairment tied to Grill portfolio optimization. Liquidity included $16.3 million in cash and $28.1 million available on the revolver. 2025 guidance includes $820–$825M revenue and $95–$100M Adjusted EBITDA, with 5–7 new venues planned.
The ONE Group Hospitality (Nasdaq: STKS) will host a conference call and webcast to discuss third quarter 2025 financial results on Thursday, November 6, 2025 at 4:30 PM ET.
CEO Emanuel “Manny” Hilario and CFO Nicole Thaung will lead the call. A press release with the third quarter 2025 results will be issued after market close on the same day. The live call phone number is 203-518-9708 with conference ID ONEG3Q25. A replay is available via 412-317-6671 (passcode 11159955) until Thursday, November 20, 2025. The webcast is on the Investor Relations section at http://www.togrp.com/ under "News / Events."
The ONE Group Hospitality (NASDAQ: STKS) has appointed Nicole Thaung as its new Chief Financial Officer, effective September 8, 2025. Thaung, who served as Benihana's CFO for seven years, brings over 15 years of experience with Benihana and will succeed Tyler Loy.
The appointment is particularly significant as Thaung has been instrumental in integrating the recent Benihana acquisition, which now accounts for over 55% of The ONE Group's total revenues. The company expects to realize $20 million in synergies from this acquisition by the end of 2026.
Prior to her CFO role at Benihana, Thaung held positions as VP of Finance and Controller, and previously worked at Ernst & Young LLP as an Audit Manager.
The ONE Group Hospitality (NASDAQ: STKS) reported Q2 2025 financial results with total revenues increasing 20.2% to $207.4 million. Despite top-line growth, the company faced challenges with a consolidated comparable sales decrease of 4.1% and a GAAP net loss of $10.1 million, which included $5.6 million in lease termination expenses.
Key metrics showed mixed performance with Restaurant EBITDA growing 8.0% to $31.9 million and Adjusted EBITDA increasing 7.3% to $23.4 million. The company's expansion continues with plans to open 5-7 new venues in 2025, including both owned and franchised locations. The company maintains $15.1 million in cash and $33.6 million available under its revolving credit facility.
The ONE Group Hospitality (NASDAQ: STKS) has scheduled its second quarter 2025 earnings conference call for August 5, 2025, at 4:30 PM ET. The company's President and CEO Emanuel "Manny" Hilario and CFO Tyler Loy will lead the discussion.
Financial results will be released via press release after market close on the same day. Investors can access the call by dialing 412-542-4186. A replay will be available until August 19, 2025, by dialing 412-317-6671 with passcode 10200059. The webcast will be accessible through the company's website at www.togrp.com under the Investor Relations tab.
The ONE Group Hospitality (NASDAQ: STKS) has announced the opening of its second Benihana Express location in Miami's Bayside Marketplace. The new 770-square-foot fast casual concept is operated by franchisee Erick Passo under a multi-unit development agreement.
The restaurant features Benihana's signature hibachi menu in a fast-casual format, offering items like Hibachi Burritos, Hibachi Entrees, Yakisoba Bowls, and various appetizers. The location maintains Benihana's distinctive atmosphere with Japanese-inspired design elements and an open kitchen concept.
This expansion is part of The ONE Group's broader growth strategy, with additional Benihana Express locations planned for Miami and the first West Coast operation scheduled to open in San Francisco later this year.