Muscle Maker Q3 2022: cash $11.6M, 7 new Pokemoto locations, YTD operating profit % improved 8%

Sadot Group Inc.

2023-Q3 EPS reported -$0.20 revenue$8,673,401

Cash $11.6M as of Sep 30, 2022; 40 Muscle Maker and Pokemoto restaurants open.
7 new Pokemoto locations opened in Q3; 45 franchise agreements sold, in various stages.
YTD operating profit % of total revenue improved 8% YoY; labor costs -6%, rent -2%, other expenses >-2%.
Pokemoto franchises available in 48 states; added 9 states in Q3 including California and Illinois.
SuperFit Foods pick-up locations expanded to 34; integrated Muscle Maker Grill meal plan.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sadot Group Inc. reported financial results for the quarter ended September 30, 2022.

Period: the quarter ended September 30, 2022
Result: reported results

Exact text from the filing

On November 10, 2022, Muscle Maker, Inc. (the “Company”) issued a press release regarding its financial results for the quarter ended September 30, 2022.

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Sadot Group Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-031257

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