---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-002722"
form_type: "8-K"
ticker: "STKS"
cik: "0001399520"
company_name: "ONE Group Hospitality, Inc."
filed_at: "2026-01-12T23:59:59+00:00"
generated_at: "2026-05-16T10:49:07.447324+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# The ONE Group prelim FY2025 revenue ~$805M (+20% YoY); Q4 revenue ~$207M (-6.8%)

## Summary
- Preliminary full-year GAAP revenue ~$805M vs $673M prior year; comparable sales -3.7%.
- Q4 2025 GAAP revenue ~$207M vs $222M in Q4 2024; comparable sales -1.8%.
- STK Q4 comparable sales +0.3% (first positive since 2023); Benihana flat.
- Portfolio optimization: RA Sushi/Kona Grill closures; up to nine more conversions planned through 2026.
- Capital-efficient growth: development rights for ten Benihana units in Bay Area; new stadium concessions.

## SEC filing metadata
- accession: 0001104659-26-002722
- form_type: 8-K
- ticker: STKS
- cik: 0001399520
- company_name: ONE Group Hospitality, Inc.
- filed_at: 2026-01-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1399520/000110465926002722/0001104659-26-002722-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1399520/000110465926002722/stks-20260112x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-002722
- JSON: https://secwatch.observer/filing/0001104659-26-002722.json
- Plain text: https://secwatch.observer/filing/0001104659-26-002722.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.