secwatch.observer — SEC 8-K summary
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Issuer:     ONE Group Hospitality, Inc. (STKS)
CIK:        0001399520
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001104659-26-056358
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ONE Group Q1 revenue up 0.8% to $212.8M, net income triples to $3.2M, adjusted EBITDA up 12%
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- Total GAAP revenues $212.8M (+0.8%); GAAP net income $3.2M vs $1.0M a year ago.
- Adjusted EBITDA attributable $28.8M (+12.1%); restaurant operating profit margin up 100 bps to 19.1%.
- Comparable sales -0.3%; STK comparable sales +1.4% (second consecutive quarter positive).
- Reduced debt by $9.1M, eliminated revolving facility, operating cash flow $21.7M.
- FY 2026 guidance: revenues $840-855M, adjusted EBITDA $100-110M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1399520/000110465926056358/0001104659-26-056358-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1399520/000110465926056358/stks-20260506x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-056358

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