---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-012183"
form_type: "8-K"
ticker: "STKS"
cik: "0001399520"
company_name: "ONE Group Hospitality, Inc."
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T03:52:27.887863+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ONE Group Q2 revenue up 14.6% to $81.1M; net income drops to $4.3M from $13.8M YoY

## Summary
- GAAP net income $4.3M ($0.13 EPS) vs $13.8M ($0.41 EPS) in Q2 2021; adjusted EPS $0.15 vs $0.19.
- Consolidated comparable sales +12.8% vs 2021 and +53.5% vs 2019; STK comps +19.8%, Kona Grill +3.7%.
- Restaurant Operating Profit fell 16.7% to $12.8M (16.6% of owned revenue) due to wage & product cost inflation.
- Adjusted EBITDA down 19.6% to $10.4M; cash $24.4M, term loan $24.5M, undrawn revolver $10.6M.
- Pipeline strongest in history; nine new venues expected in H2 2022, including 2 owned STKs and 3 owned Kona Grills.

## SEC filing metadata
- accession: 0001558370-22-012183
- form_type: 8-K
- ticker: STKS
- cik: 0001399520
- company_name: ONE Group Hospitality, Inc.
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1399520/000155837022012183/0001558370-22-012183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1399520/000155837022012183/stks-20220804x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-012183
- JSON: https://secwatch.observer/filing/0001558370-22-012183.json
- Plain text: https://secwatch.observer/filing/0001558370-22-012183.txt

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