---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-008125"
form_type: "8-K"
ticker: "STKS"
cik: "0001399520"
company_name: "ONE Group Hospitality, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:29:41.828055+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# One Group Q1 revenue +11.3% to $82.6M; GAAP EPS $0.08 vs $0.11 YoY

## Summary
- Total GAAP revenues $82.6M (+11.3% YoY); comparable sales +1.6%.
- GAAP net income $2.6M ($0.08 EPS) vs $3.7M ($0.11 EPS); adjusted EPS $0.10.
- Adjusted EBITDA $10.9M (+1.0%); Restaurant Operating Profit $12.9M (-1.1%).
- Reaffirmed FY2023 guidance: revenue $360M-$380M, EBITDA $50M-$54M, 8-12 venues.
- Opened Kona Grill Columbus and STK Scottsdale rooftop; 5 restaurants under construction.

## SEC filing metadata
- accession: 0001558370-23-008125
- form_type: 8-K
- ticker: STKS
- cik: 0001399520
- company_name: ONE Group Hospitality, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1399520/000155837023008125/0001558370-23-008125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1399520/000155837023008125/stks-20230504x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-008125
- JSON: https://secwatch.observer/filing/0001558370-23-008125.json
- Plain text: https://secwatch.observer/filing/0001558370-23-008125.txt

## Key facts
- Earnings Releases
  ONE Group Hospitality, Inc. reported first quarter ended March 31, 2023 results: revenue $82.6 million, net income $2.6 million, EPS $0.08 per share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: $82.6 million
  - Net income: $2.6 million
  - EPS: $0.08 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: ● Total GAAP revenues increased 11.3% to $82.6 million from $74.2 million; ● Comparable sales* increased 1.6%; ● GAAP net income attributable to The ONE Group was $2.6 million, or $0.08 per share ($0.10 adjusted net income per share)****, compared to GAAP net income of $3.7 million, or $0.11 per share ($0.15 adjusted net income per share)****
  evidence_url: https://www.sec.gov/Archives/edgar/data/1399520/000155837023008125/0001558370-23-008125-index.htm

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