---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-013200"
form_type: "8-K"
ticker: "STKS"
cik: "0001399520"
company_name: "ONE Group Hospitality, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:40:36.592961+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ONE Group Q2: revenue $83.4M (+2.8%), net income $0.6M vs $4.1M, comp sales -4.7%

## Summary
- GAAP net income $0.6M ($0.02/sh) vs $4.1M ($0.13); adjusted EPS $0.06 vs $0.15.
- Total revenue $83.4M (+2.8%); owned restaurant net revenue $79.9M (+3.9%).
- Comp sales -4.7% YoY (STK -6.8%, Kona -1.5%); vs. 2019 +46.5%.
- Adj. EBITDA $8.5M (-17.6%); Restaurant Operating Profit $11.9M (-6.6%).
- FY2023 guidance: revenue $350M-$365M, adj. EBITDA $45M-$50M; 8-12 new venues.

## SEC filing metadata
- accession: 0001558370-23-013200
- form_type: 8-K
- ticker: STKS
- cik: 0001399520
- company_name: ONE Group Hospitality, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1399520/000155837023013200/0001558370-23-013200-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1399520/000155837023013200/stks-20230803x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-013200
- JSON: https://secwatch.observer/filing/0001558370-23-013200.json
- Plain text: https://secwatch.observer/filing/0001558370-23-013200.txt

## Key facts
- Earnings Releases
  ONE Group Hospitality, Inc. reported the second quarter ended June 30, 2023 results: revenue $83.4 million, net income $0.6 million, or $0.02 per share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $83.4 million
  - Net income: $0.6 million, or $0.02 per share
  - Result: reported results
  source text: for the second quarter ended June 30, 2023. ​ Highlights for the second quarter compared to the same period in 2022 are as follows: ​ ● Total GAAP revenues increased 2.8% to $83.4 million from $81.1 million; ● Consolidated comparable sales* decreased 4.7% and increased 46.5% compared to 2019; ● GAAP net income attributable to The ONE Group was $0.6 million, or
  evidence_url: https://www.sec.gov/Archives/edgar/data/1399520/000155837023013200/0001558370-23-013200-index.htm

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