Brief: One Group Hospitality Posts Q3 Earnings Per Share Of $0.02

One Hospitality

07/11/2019 21:52

Nov 7 (Reuters) - One Group Hospitality Inc  STKS.O :
    * THE ONE GROUP HOSPITALITY, INC. REPORTS THIRD QUARTER 2019
RESULTS
    * Q3 GAAP EARNINGS PER SHARE $0.02
    * Q3 REVENUE $22.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$22.1
MILLION
    * Q3 EARNINGS PER SHARE ESTIMATE $0.02 -- REFINITIV IBES
DATA
    * SEES FY 2019 REVENUE UP ABOUT 38 TO 40 PERCENT
    * SEES FY 2019 REVENUE $118 MILLION TO $120 MILLION
    * QTRLY DOMESTIC SAME STORE SALES INCREASES 9.3%
    * UPDATES 2019 AND ISSUES 2020 FINANCIAL TARGETS
    * SEES 2019 SAME STORE SALES GROWTH OF 6% TO 8% AT DOMESTIC
COMPANY-OWNED AND MANAGED STK LOCATIONS
    * SEES 2019 TOTAL GAAP REVENUES BETWEEN $118 MILLION AND
$120
MILLION
    * SEES 2020 SAME STORE SALES GROWTH OF ABOUT 2% TO 3%
    * SEES 2020 TOTAL GAAP REVENUES BETWEEN $200 MILLION AND
$210
MILLION

Source text for Eikon:  ID:nBw2TkkxLa 
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