One Group Hospitality misses Q3 revenue expectations, net loss widens

One Hospitality

06/11/2025 22:08

Overview

One Group Q3 revenue falls 7.1% yr/yr, missing analysts' expectations

Net loss widened to $76.7 mln due to tax expense and impairment loss

Adjusted EBITDA for Q3 missed analysts' estimates, reflecting profitability pressures

Outlook

Company expects 2025 GAAP revenues between $820 mln and $825 mln

Company anticipates 2025 comparable sales decline of 2% to 3%

Company plans to open 5-7 new venues in 2025

Result Drivers

GRILL OPTIMIZATION - Co closed six underperforming Grill locations and plans to convert up to nine more to enhance profitability

COMMODITY COSTS - Rising commodity costs outpaced pricing adjustments, impacting profitability, per CEO Emanuel Manny Hilario

BENIHANA INTEGRATION - Benihana integration exceeded expectations, contributing to positive performance, per CEO Emanuel Manny Hilario

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$180.20 mln
$191.10 mln (6 Analysts)
Q3 Net Income
-$76.70 mln
Q3 Adjusted EBITDA
Miss
$10.60 mln
$17.29 mln (6 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "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 One Group Hospitality Inc is $5.00, about 58% above its November 5 closing price of $2.10

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nBw4Jl7KPa

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(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.)