The ONE Group Hospitality, Inc. Reports Third Quarter 2018 Results
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ONE Group Hospitality (STKS) Reports Q3 Revenues Beat
November 12, 2018 4:07 PM ESTONE Group Hospitality (NASDAQ: STKS) reported Q3 EPS of ($0.01), versus $0.00 reported last year. Revenue for the quarter came in at $19.6 million versus the consensus estimate of $18.9 million.
Total GAAP revenue increased 12.1% to $20.0 million compared to $17.8 million in the same period last year;Domestic comparable sales* at owned and managed STK restaurants rose 6.9%, consisting of a 7.7% increase in domestic owned restaurants and a 5.4% in domestic managed restaurants;GAAP income from continuing operations was $0.3 million compared... More