The ONE Group Reports First Quarter 2018 Results
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ONE Group Hospitality (STKS) Misses Q1 EPS by 1c, Revenues Beat
May 15, 2018 4:36 PM EDTONE Group Hospitality (NASDAQ: STKS) reported Q1 EPS of $0.01, $0.01 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $19.5 million versus the consensus estimate of $18.7 million.
Highlights for the first quarter ended March 31, 2018 were as follows:
Total GAAP revenue was $19.5 million compared to $20.4 million in the same period last year;Comparable sales* globally increased 6.6% compared to the same period last year. Domestic comparable sales for STK restaurants rose 7.3% and international comparable sales rose 4.5%;GAAP net income from continuing operations before income taxes was... More