secwatch.observer — SEC 8-K summary
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Issuer:     ONE Group Hospitality, Inc. (STKS)
CIK:        0001399520
Form:       8-K
Filed at:   2022-05-06T23:59:59+00:00
Accession:  0001558370-22-007509
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

STKS Q1 revenue $74.2M (+47% YoY), adj. EBITDA $10.8M (+66%)
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- GAAP net income $3.7M ($0.11 EPS) vs $70K in Q1 2021; adjusted EPS $0.15.
- Consolidated comparable sales +45.1% vs 2021 and +45.3% vs 2019.
- Restaurant operating profit $13.0M (18.5% of owned revenues); adj. EBITDA $10.8M.
- Q2 2022 guidance: total revenues $76.5-79.0M; owned restaurant revenue $73-75M.
- At least nine new venues planned in 2022, including two STK and three Kona Grill.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1399520/000155837022007509/0001558370-22-007509-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1399520/000155837022007509/stks-20220506x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-007509

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