ONE Group Hospitality (STKS) Reports Q3 Revenues Beat
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The ONE Group Hospitality, Inc. Reports Third Quarter 2018 Results
November 12, 2018 4:05 PM ESTDomestic Comparable Sales for STK Restaurants Rose 6.9%
Updates 2018 Financial Targets, Introduces Preliminary 2019 Financial Targets
NEW YORK--(BUSINESS WIRE)-- The ONE Group Hospitality, Inc. (The ONE Group or the Company) (NASDAQ: STKS), today reported unaudited financial results for the third quarter ended September 30, 2018.
Highlights for the Third Quarter ended September 30, 2018:
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... More