GEN Restaurant Group Q3 revenue up 7.8% to $49.1M; net income drops to $0.2M

GEN Restaurant Group, Inc.

2024-Q3 EPS reported $0.17 revenue$153,726,000

Net income $0.2M ($0.01 diluted EPS) vs $2.6M ($0.08) YoY; adjusted net income $0.9M ($0.03).
Comparable restaurant sales decreased 9.6% YoY; total revenue grew 7.8% to $49.1M.
Restaurant-level adjusted EBITDA margin above 18%; adjusted EBITDA $3.4M (7.0% of revenue) including $1.8M pre-opening expense.
Cash $22.1M (down from $29.2M at Q2); no long-term debt; expects 10-11 new locations in 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.