Brief: GEN Restaurant Group Q2 Revenue USD 55.041 Million

GEN Restaurant

06/08/2025 21:06

Overview

GEN Q2 revenue grew 2.2% to $55 mln, missing analyst expectations

Company opened first restaurant in South Korea, expanding to 52 locations

Outlook

GEN aims to exceed 12-13 new restaurant openings by year-end 2025

Company expects to mitigate economic headwinds through cost savings

GEN has 7 additional restaurants under development for completion by 2025

Company sees strong cash flow with $9.6 mln in cash and no long-term debt

Result Drivers

NEW RESTAURANT OPENINGS - Revenue growth driven by opening of new restaurants, including first location in South Korea

ECONOMIC HEADWINDS - Tariffs and immigration concerns impacted same-store sales traffic, per CEO David Kim

COST INCREASES - Losses attributed to higher costs from new restaurant openings and inflationary pressures

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$55.04 mln
$60.30 mln (3 Analysts)
Q2 Net Income
-$1.70 mln
Q2 Adjusted EBITDA
Miss
$1.85 mln
$4.55 mln (3 Analysts)
Q2 Adjusted EBITDA Margin
3.4%
Q2 Income from Operations
-$1.88 mln
Q2 Operating Expenses
$5.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

Wall Street's median 12-month price target for GEN Restaurant Group Inc is $8.00, about 50.1% above its August 5 closing price of $3.99

Press Release: ID:nGNXXH5tV

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)