secwatch.observer — SEC 8-K summary
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Issuer:     GEN Restaurant Group, Inc. (GENK)
CIK:        0001891856
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0000950170-24-027142
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GEN Restaurant Group Q4 2023 revenue $45.1M (+10.4% YoY) but net loss $(0.2)M; comp sales down 1.7%
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- Q4 revenue $45.1M (+10.4% YoY); comp sales -1.7%; net loss $(0.2)M.
- FY 2023 revenue $181.0M (+10.6% YoY); net income $11.4M; adjusted EBITDA $18.8M.
- Operating loss $(0.9)M in Q4; G&A expenses rose to $5.1M from $2.3M.
- Six new restaurants opened in 2023; pre-opening costs totaled $3.7M for the year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1891856/000095017024027142/0000950170-24-027142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1891856/000095017024027142/genk-20240306.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-027142

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer