---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-003230"
form_type: "8-K"
ticker: "STKS"
cik: "0001399520"
company_name: "ONE Group Hospitality, Inc."
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T19:09:18.744831+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ONE Group Q4 revenue +1.8% to $89.9M; FY net income $4.7M vs $13.5M; guides FY24 rev $360-380M

## Summary
- Q4 GAAP net income $4.6M ($0.15/sh); adjusted net income $5.3M ($0.17/sh).
- Q4 comparable sales -4.3% YoY; STK -4.6%, Kona Grill -3.9%.
- Q4 adjusted EBITDA $14.5M, +11.3% YoY; FY adjusted EBITDA $40.1M vs $41.3M.
- Opened six restaurants in 2023; plans 6-8 new venues in 2024.
- Board authorized additional $5M share repurchase; total $15M spent to date.

## SEC filing metadata
- accession: 0001558370-24-003230
- form_type: 8-K
- ticker: STKS
- cik: 0001399520
- company_name: ONE Group Hospitality, Inc.
- filed_at: 2024-03-14T23:59:59+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/1399520/000155837024003230/0001558370-24-003230-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1399520/000155837024003230/stks-20240314x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-003230
- JSON: https://secwatch.observer/filing/0001558370-24-003230.json
- Plain text: https://secwatch.observer/filing/0001558370-24-003230.txt

## Key facts
- Earnings Releases
  ONE Group Hospitality, Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue Total GAAP revenues increased 1.8% to $89.9 million from $88.3 million, net income GAAP net income attributable to The ONE Group was $4.6 million, or $0.15 per share ($0.17 adjusted net income per share), EPS $0.15 per share.
  - Period: fourth quarter and full year ended December 31, 2023
  - Revenue: Total GAAP revenues increased 1.8% to $89.9 million from $88.3 million
  - Net income: GAAP net income attributable to The ONE Group was $4.6 million, or $0.15 per share ($0.17 adjusted net income per share)
  - EPS: $0.15 per share
  - Result: reported results
  source text: fourth quarter and full year ended December 31, 2023. ​ Highlights for the fourth quarter compared to the same quarter in 2022 are as follows: ​ ● Total GAAP revenues increased 1.8% to $89.9 million from $88.3 million; ● Comparable sales* decreased 4.3% compared to 2022 and increased 40.1% compared to 2019; ● GAAP net income attributable to The ONE Group
  evidence_url: https://www.sec.gov/Archives/edgar/data/1399520/000155837024003230/0001558370-24-003230-index.htm

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