GEN Restaurant jumps on earnings beat, expansion plans
07/03/2025 12:33
** Shares of Korean BBQ chain GEN Restaurant Group GENK.O rise 21.8% to $6.20 premarket ** On Thursday, co posted Q4 sales of $54.7 mln, above analysts' est. of $49.8 mln - data compiled by LSEG ** Co reports Q4 adj. loss of 2 cents/shr, narrower than expected loss of 3 cents/shr ** Co says it expects to open 10 to 13 new units in 2025 ** Co expanding to South Korea and will open at least two new locations there in 2025 ** Stock fell 4.2% in 2024 (Reporting by Kamal Choudhury in Bengaluru) ((Kamal.Choudhury@thomsonreuters.com;))
Recent news on GEN Restaurant
See all newsBrief: Gen Restaurant Group Signs Distribution Agreement With United Natural Foods, Inc.
Brief: GEN Restaurant Group Signs Distribution Agreement With C&S Wholesale Grocers
Brief: GEN Restaurant Group Appoints Luke A. Hewko As Chief Financial Officer To Accelerate Cpg And Multi-Channel Growth
Secures Purchase Commitments From 60-70 Costco Locations In Northwest
Brief: GEN Restaurant Group May Offer Up To $50 Million Of Class A Common Stock - SEC Filing