The One Group Hospitality Misses Q3 Expectations
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The One Group Hospitality, known for STK Steakhouse and Kona Grill, reported a challenging third-quarter for the year 2025. Sales dropped by 7.1%, totaling $180.2 million, missing Wall Streets expectations by 5.7%. The company also lowered its full-year revenue guidance by 1.5%. Despite a significant GAAP loss of $2.75 per share, the stock saw a slight increase of 2.1% post-earnings. The company provided full-year EBITDA guidance of $97.5 million, in line with analyst expectations.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
