ONE Group Hospitality (STKS) Tops Q4 EPS by 3c

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Go back to ONE Group Hospitality (STKS) Tops Q4 EPS by 3c

The ONE Group Reports Fourth Quarter 2023 and Full Year 2023 Financial Results

March 14, 2024 4:05 PM EDT

Grows Revenue and Adjusted EBITDA in the Quarter

Opens Four Restaurants in the Quarter; Introduces 2024 Targets and Authorizes Additional Share Repurchase

DENVER--(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, 2023.

Highlights for the fourth quarter compared to the same quarter in 2022 are as follows:

Total GAAP revenues increased 1.8% to $89.9 million from $88.3 million; Comparable sales* decreased 4.3% compared to... More