ONE Group Hospitality (STKS) Misses Q2 EPS by 6c

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Go back to ONE Group Hospitality (STKS) Misses Q2 EPS by 6c

The ONE Group Announces Second Quarter 2015 Results

August 13, 2015 4:01 PM EDT

NEW YORK--(BUSINESS WIRE)-- The ONE Group Hospitality, Inc. (The ONE Group) (NASDAQ: STKS), today announced its financial results for the second quarter ended June 30, 2015.

Highlights for the second quarter ended June 30, 2015 were as follows:

The second quarter marked our fifth consecutive quarter of double digit revenue growth; Owned unit net revenues increased 26.2% to $12.8 million; Total GAAP revenue increased 21.5% to $14.9 million; Total food and beverage sales at owned and managed units* increased 7.5% to $36.7 million;... More