ONE Group Hospitality (STKS) Misses Q4 EPS by 1c

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The ONE Group Hospitality, Inc. Reports Fourth Quarter and Full Year 2018 Results

March 28, 2019 4:05 PM EDT

Domestic Same Store Sales for Fourth Quarter Increase 15%
GAAP Income from Operations of $4.2 million / Adjusted EBITDA Increases 68%
Expands and Updates 2019 Financial Targets

NEW YORK--(BUSINESS WIRE)-- The ONE Group Hospitality, Inc. (The ONE Group or the Company) (Nasdaq: STKS) today reported its financial results for the fourth quarter and full year ended December 31, 2018.

Highlights for the fourth quarter ended December 31, 2018 compared to the same period last year were as follows:

Total GAAP revenues increased 20% to $25.8 million compared to $21.5 million;... More