earnings
confidence high
sentiment positive
materiality 0.75
ONE Group Q2 revenue down 3.3% to $200.5M; operating income jumps to $6.6M
ONE Group Hospitality, Inc.
- Consolidated comparable sales +0.9%; restaurant operating profit +110 bps to 16.4% of owned net revenue.
- Year-to-date net cash from operations improved $21.7M to $33.0M; total liquidity $45.8M.
- Q3 2026 revenue guidance $176-180M; full-year revenue $805-820M; Adj. EBITDA $95-105M.
- Capital expenditures net of allowances reduced 38% YoY; targeting $30M for full year 2026.
- Signed development agreement for two licensed STK locations at a major U.S. airport; Benihana Express expanding.